House T12 for sale in Loulé

Investment Opportunity in Boliqueime | Two Adjacent Properties near the EN125 Two properties side by side, a prime location and multiple investment opportunities! Located in the centre of Boliqueime, alongside the EN125 national road, these two adjacent properties represent an attractive opportunity for investors looking to develop a larger-scale project in a strategic location in the Algarve. The proximity of the two buildings allows investors to explore the potential of each property individually or consider a possible joint development, subject to the applicable legal and planning requirements. Former Hotel Internacional – A Spacious and Versatile Building Spread over three floors, the former Hotel Internacional combines commercial and residential spaces. The ground floor features an area intended for restaurant use, comprising a dining area, kitchen, toilets and storage rooms. Each of the two upper floors comprises five bedrooms, one kitchen and two bathrooms. Three bedrooms on each floor have balconies. The building also benefits from terraces and additional outbuildings, offering various possibilities for use. Second Property – Commercial and Residential Space With a total area of 149 m² and a building footprint of 83 m², the second property features two bedrooms, a living room, a kitchen and a bathroom on the residential floor. The ground floor also includes a storage area, providing additional versatility and potential uses. Please note that this second property does not have a licença de utilização (use licence). Its planning status and potential permitted uses should therefore be verified in advance. An Opportunity to Create a Distinctive Project Both properties require a careful assessment of their condition and redevelopment potential. For investors, this could be an opportunity to develop a project that takes advantage of the central location, the visibility offered by the EN125 and the proximity to shops, services and major road connections. The joint acquisition of these two properties could allow for the exploration of different commercial, residential or tourism concepts, subject to the characteristics of the buildings, the necessary authorisations and the project's planning feasibility. Two adjacent properties, a strategic location and potential waiting to be discovered. Contact us for further information and arrange a viewing to explore this investment opportunity in Boliqueime!