House in Loulé

€ 135,000 For Sale

LOU58

Loulé, Faro

Loulé

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Description

This rustic property full of character located in the center of Salir is a fantastic renovation project. The picturesque village of Salir is located 12 kms from Loule town centre, aproximately 25 km from the beaches, and about 30 km from Faro International Airport. The property consists of a ground and 1st floor, with 10 divisions, a courtyard, and 3 different entrances. The original masonry facades are in good condition and add a lot of character to the property. Some parts of the house are already in ruin, while others are still raised and 'habitable'. If the facades are not changed, the project may be limited to the existing interior space. There is the possibility of connecting the 2 properties, and the smaller one can be transformed into a garage. Mains water and electricity are already available. A unique renovation opportunity.

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Portugal Mortgage Brokers, licensed by the Bank of Portugal, are a free independent service working with all Portuguese banks. We specialise in offering mortgage information to residents and non-residents purchasing a property in Portugal, whether it be for a main residence, secondary home, investment, construction loan or renovation loan. We act as mortgage brokers to find you the most suitable and competitive mortgage program in the market. A simulation showing all costs is provided and an affordability check is carried out before submitting, we can then reach an official approval with the bank within 2 weeks of receiving your documents.

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