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Spacious Country Property in a Central Location

€ 820,000 £ 723,769 $ 977,810

-32% 

Date From To +/-

23-10-2017 € 1,200,000 € 900,000 -25%

28-11-2017 € 900,000 € 860,000 -4%

08-02-2018 € 860,000 € 820,000 -5%

Overall price change -32%

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Unique opportunity to acquire a spacious detached villa, located in a quiet location with beautiful natural landscapes. This splendid villa enjoys a plot of land completely fenced with pool, generous living space throughout 

Fully renovated throughout, the ground floor has a living room and open plan dining with fireplace,  wonderful fully fitted kitchen, three bedrooms two of which are en suite, and a bathroom.

On the first floor a living room and master suite south facing terraces and stunning views of the sea.

Well maintained landscaped garden, typical stone sidewalks, family sized swimming  pool and large sun terrace area ideal for barbecues and al fresco dining. Enjoy the privacy of the country benefiting from the proximity to all places of cultural, sporting and leisure interests, choosing this property for full time residence or as a second home. 

About the area:

Loulé is famous throughout Portugal for hosting the biggest and most flamboyant Brazilian-style carnival each year before Easter. At carnival time the town is transformed into a mesmerising party of colour, music and dancing. The event attracts people from all over the Algarve who come to watch the processions and join in the festive atmosphere.

Loulé sits 12 km from the coastline of the 'Golden Triangle', an area which encompasses the luxury resorts of Vale do Lobo and Quinta do Lago.

The centre of the town is steeped in history. Its thirteenth century castle is built on an area previously settled by the Romans and its main church, Igreja Matriz de S.Clemente, was built on the site of an ancient mosque and also dates back to the thirteenth century. Loulé market hall (Mercado Municipal) is a striking landmark and an excellent example of classic Moorish architecture. It re-opened in early 2007 after a long period of renovation. Browse the town’s cobbled streets and you will see how Loulé has gained a reputation as the craft capital of the Algarve. Local handicrafts include ceramics, copperware, leatherwear, embroidered linen and tableware, quilts and lace, many of which can be purchased at the colourful Saturday gypsy market.

Some perks of owning property in Loule: Faro Airport is just 20 minutes’ drive away and is served by several low-cost airlines, it is traditional Algarve combined with modern living, just 10 minutes’ drive to the 'Golden Triangle' town of Almancil, easy access to excellent road and rail networks, close to world-renowned golf courses, a wide choice of local leisure activities for all ages including art galleries, swimming pools and a sports pavilion, a wealth of restaurants and bars serving international cuisine, traditional markets, numerous supermarkets, English-speaking banks, pharmacies, local health centres and other amenities. A new major retail outlet with Ikea and 110 shops, opening in 2017, is a short drive away, plenty of entertainment for the children in and around the area including Roma mini golf park in Vilamoura, Aquashow waterpark near Quarteira and the renowned Zoomarine centre in Albufeira.

If you are seeking a property in an authentic country town in the foothills of the Algarve mountains then search no further than Loulé. This town is one of the oldest in the region and is located just 18 km (11 miles) northwest of Faro.

 

Key information

Reference: PP2978

Villa

Loule, Central Algarve

4 bedrooms

4 bathrooms

Private ownership

Built in: n/a

349m2 build size

€ 2,350 £ 2,074 $ 2,802 / m2 build

4,987m2 plot size

€ 164 £ 144 $ 195 / m2 plot

Features

  • Pool
  • Air conditioning
  • Garden
  • Heating
  • Garage
  • Terrace/Balcony
  • BBQ
  • Storage room
  • Spacious

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

The location: Loule

Loulé is famous throughout Portugal for hosting the biggest and most flamboyant Brazilian-style carnival each year before Easter. At carnival time the town is transformed into a mesmerising party of colour, music and dancing. The event attracts people from all over the Algarve who come to watch the processions and join in the festive atmosphere.

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Yours sincerely,
Larisa Marin

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Ask the Expert: Currency Exchange

Sarah Monaghan is a foreign currency exchange specialist working for Smart Currency Exchange in Portugal. If you have a question relating to foreign currency exchange, complete the form below and Sarah will get back to you.

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