Centenary Ruin with Potential for Building a Home on a Hilltop in Vale d'Éguas, Loulé

€800,000

312 m² Total surface
1,372 m² Plot surface

Description

This ruin, situated on top of a hill with a view of nature and the sea, is in an exclusive and quiet residential area of Vale d'Éguas. Once a traditional Algarvian house, the property retains some of its original architecture on the sides of the building. With the potential to be restored and transformed into a luxury villa, this is a rare opportunity on the region's property market. With a large plot of 1,372m² and a gross construction area of 312.42m², the property is located just a few minutes from Quinta do Lago, the center of Almancil and only 10 minutes from the famous beaches of Vale do Lobo and Quinta do Lago. The privileged location allows for a perfect balance between the tranquility of the countryside and the proximity of luxury amenities and renowned beaches. This ruin offers an ideal opportunity to build a detached villa with panoramic views and privacy. The property includes a vast green area, with space for agricultural use and various fruit trees, which adds a special charm to the environment. Road access is excellent, with tarmac links making it easy to get to the property. The surrounding area is characterized by high-quality detached villas and a new ultra-modern villa under construction on the adjacent hill, highlighting the investment potential in the area for exclusive residential projects. This is the perfect opportunity for those looking to build their dream home in a strategic and authentic location in Loulé. Benefit from a unique setting for a totally personalized villa in one of the Algarve's most desirable regions.

Features

Sea/Lake viewGreen viewMountain viewOpen view

Engel & Völkers Quinta do Lago

+351 289 395 165

Your advisor: Antónia Barradas

Property ID: W-02X3IJ

Location: Vale de Éguas, Loulé

The plot is located in Vale d'Éguas, a private and quiet residential area that offers a strategic location with easy access to the main amenities and points of interest in Almancil and Loulé. Almancil, located just a few minutes away, is a vibrant village known for its wide range of services and facilities. Here, you'll find supermarkets, pharmacies, banks, post offices, schools and health centers, making everyday life practical and convenient. In addition, Almancil stands out for its diverse gastronomic offer, with a wide variety of restaurants and cafés serving everything from traditional Portuguese cuisine to international dishes. About 10 minutes away by car, Loulé is a historic town that harmoniously combines culture and modernity. Loulé's emblematic municipal market, one of the most iconic in the Algarve, is the perfect place to buy fresh produce and local handicrafts. The town also offers several schools, hospitals, shops and public services, as well as a modern shopping center. For golf enthusiasts, the prestigious Quinta do Lago and Vale do Lobo courses are just a short drive away, providing a world-class golfing experience. The beautiful beaches of Quinta do Lago and Vale do Lobo, known for their natural beauty and crystal-clear waters, are also close by, offering a perfect haven to relax and enjoy the Algarve sunshine. The property benefits from excellent road access, including the Algarve's main national roads and motorways, such as the EN125 and the A22, facilitating mobility throughout the region. The proximity to Loulé railway station also guarantees convenient rail links to various locations. This privileged location in Vale d'Éguas combines the tranquility of a residential area with proximity to a wide range of amenities and points of interest, making it the ideal place to build your dream villa.

Commission details

Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations. Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Reproduction in whole or in part of photographs, videos and virtual tours, without written permission, is prohibited.