Semi-Detached House, Quarteira, Loulé

Nestled in the heart of Quarteira's historic centre, this attached villa from 1937 presents a rare opportunity for those seeking a property with prime valorisation potential. Currently featuring 55 sqm and in habitable condition, it has an approved pre-information request (PIP) for expansion up to 115 sqm. This allows for the creation of a two-floor villa with two suites, an open-plan kitchen, a large living room, and a terrace. The architectural project is included in the sale, facilitating the transformation process. Located within an Urban Rehabilitation Area (ARU), it also offers the chance to benefit from fiscal incentives associated with urban rehabilitation. Within walking distance to shops, services, and the beach, it provides the luxury of living in the centre of Quarteira. The yard adjacent to the kitchen and the future terrace add ideal outdoor spaces to enjoy the Algarve climate. This ARU-protected project is also exempt from property transfer tax (IMT) for three years, renewable upon property rehabilitation. An excellent choice for personal residence, investment, or medium-term valorisation project.