For sale | 4 Bedroom(s) | Loulé | Loulé

RESERVADO ::::

Apartment with 4 bedrooms located 500 meters from the Municipal Market and inserted in the Urban Rehabilitation Area (ARU) of the historic center of Loulé.

Property currently undergoing interior renovation, to be completed by the end of 2024.

A good opportunity to develop your urban rehabilitation project, benefiting from the old design, a beautiful piece of local architecture.

The apartment is located on the 1st floor of a building and has a high ceiling, which allows, according to a previous architectural study, to create another upper floor (mezzanine), thus obtaining a total area of approximately 190 sq.m. The concept of the study envisages the creation of 3 bedrooms with 3 ensuite bathrooms, an office, as well as a kitchen with laundry room, dining room, service bathroom, study, reading or library area, a barbecue area and still an uncovered terrace.

The advertised areas are in line with property records, but there are areas to be corrected.

Located within walking distance of all services from banks to supermarkets or restaurants, with solar orientation to the west, this apartment located on the first floor has enormous potential for your holiday home or usual residence, enjoying a view of the city.

Features:
- Living area - 126sqm
- Terrace’s area - 46sqm
- Gross built area - 172sqm
- Year Built - < 1951
- Energy Certificate – E
- Annual Municipal Tax - 250€ / year aprox

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