4 Bed Apartment for sale
Loule, Algarve, Portugal
£1,744,476 *
[€2,100,000]
Full Description
Historic Building in a Prime Algarve Location – A Unique Investment Opportunity
This is a rare opportunity to own a piece of Algarve’s history. Originally one of the first banks in the region, this historic property is now a versatile investment in a prime location on Loulé’s main avenue. The ground floor offers a spacious commercial area with a bathroom, suitable for a range of business ventures. Upstairs, the apartment has been converted into office spaces but can easily be restored to its original residential layout. It includes four bedrooms but could be converted to 6 bedrooms, two living rooms, a kitchen, and three bathrooms. The property also features two upper terraces—one well-suited for social gatherings with a covered room, that could be an office for example and a smaller terrace with sweeping views of the city, including the historic castle nearby. With its central location and adaptable layout, this property presents a valuable opportunity for commercial use, residential conversion, or a combination of both.
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