Residential House for sale in Loulé, Cruz Assumada, 1, 8100-296 Loulé, 300 m²

Loulé, Loulé

Residential House

EUR 699,900

• 4 bedrooms
• 3 bathrooms
• 300 sqm

Mixed-use property with enormous profit-making potential, located just 3 km from Loulé's centre and Quinta Ombria, on an easily accessible road with minimal traffic. Proximity to the A22 and Faro International Airport — just minutes away — makes this property a strategic location in central Algarve, ideal for entrepreneurs, investors, or families wishing to live and generate income simultaneously. Ground Floor — Commercial Space Ground floor with 150 m² total, currently converted into residential space with easily removable plasterboard partitions, allowing recovery of the original open-plan layout. Suitable for retail shop, restaurant, office, showroom, or services. Includes open-space living and kitchen area and a complete bathroom. Possibility of independent sub-letting. First Floor — 2-Bedroom Apartment with Independent Access 2-bedroom apartment with approximately 100 m² of usable space and autonomous entrance. Composed of entrance hall, living room with fireplace, well-equipped kitchen, two spacious bedrooms (one en-suite with built-in wardrobe) and second complete bathroom. Access via covered veranda with views over nature — ideal private outdoor space for al fresco dining.…