2+2 Bedroom Villa with Urban Development Potential | Near Loulé & Vilamoura

Renovation Opportunity • Dual Living • Urbanisable Plot (1,599m²)

A versatile investment opportunity in the Algarve, combining an existing villa with renovation potential and a fully urbanisable plot, ideal for expansion or redevelopment.

Situated in a peaceful yet highly central location near Loulé, Vilamoura, and Quarteira, this property offers the perfect balance between privacy, accessibility, and long-term investment value.

🏡 Existing Property

The villa is currently divided into two independent apartments (2+2 bedrooms), making it ideal for:

• ✔ Multi-family living
• ✔ Rental income (long or short term)
• ✔ Guest accommodation

Layout

• Unit 1: Open-plan living & dining area with kitchen, 2 bedrooms, 1 bathroom
• Unit 2: Independent entrance, 2 bedrooms, 1 bathroom

The property is partially habitable but would benefit from modernization, offering an excellent opportunity to add value.

🌿 Land & Outdoor Features

• ✔ Plot size: 1,599 m²
• ✔ Flat terrain with fruit trees
• ✔ Open countryside views
• ✔ Two independent access points

The outdoor space offers a peaceful natural setting while providing strong development potential.

🏗️ Urban Development Potential

The entire plot is classified as:

👉 Urbanisable Land to be Structured (PDM)

• ✔ Possibility of subdivision
• ✔ Potential to build additional units
• ✔ Ideal for townhouse or villa development
• ✔ Strong upside for investors and developers

📍 Prime Location

• ✔ 5 km from Loulé
• ✔ 7 km from Vilamoura & Quarteira beaches
• ✔ Minutes from train station
• ✔ Easy access to amenities, restaurants, and services

A highly desirable area combining central Algarve convenience with countryside tranquility.

🔧 Features & Utilities

• ✔ Borehole + water cistern
• ✔ Mains water & drainage
• ✔ Air conditioning
• ✔ Terrace & garden
• ✔ Aluminum shutters
• ✔ Dual access roads (tarmac)

💰 Investment Potential

This property is ideal for:

• ✔ Renovation + resale project
• ✔ Rental investment (dual units)
• ✔ Development project
• ✔ Combining with neighboring plot for larger-scale investment

👉 A rare combination of existing income potential and future development upside.

❓ Frequently Asked Questions

Can this property be expanded?

Yes, the land is classified as urbanisable, allowing for additional construction subject to approval.

Is it possible to create multiple units?

Yes, subdivision and development may be possible depending on project approval.

Is the house currently habitable?

Partially, but modernization is recommended to maximize value.

Is this a good investment?

Yes, due to its location, zoning, and combination of rental and development potential.