Renovated 2-bedroom villa with a project

This traditional property with a modern touch is located between Almancil and Loulé.

This is a great opportunity to invest in this newly renovated 2-bedroom villa with an approved project to extend the property by 500m2. There are approved plans for a 6-bedroom home with a swimming pool and basement, perfect for a family residence.

Set on a plot of 2042m2 in a quiet road of Areeiro, the property is perfectly placed to enjoy the best of the fantastic coastal attractions, whilst it is just a short drive from the historical market town of Loulé and only 20 minutes from Faro International Airport.

The central part of the Algarve includes towns towards the west starting with the quaint village of Carvoeiro, and beautifully located beach towns Armaçao de Pera, Albufeira and Vilamoura. The Golden Triangle comprises Quinta do Lago, Vale do Lobo and Loule are certainly the most sophisticated and exclusive areas. The capital of the Algarve is Faro with the international airport and a young happening old town. Towards the east, the market town Olhão is located on the Ria Formosa with its stunning intercoastal waterways and barrier islands. The central Algarve features exceptional facilities for all. Championship golf courses throughout the region, a world-class marina in Vilamoura and shopping and dining for all tastes. Infrastructure is superb and the area is exceptionally well prepared to welcome and charm travellers with the highest standards from around the globe.