If you are looking for a renovation project to buy in the Algarve, or dreaming of designing your own home from scratch, this building plot with an old house / ruin might be the perfect investment opportunity. This detached Algarvian country house is nestled in a serene rural setting near the village of Loule with its array of amenities, ideally set just a short drive from Almancil or Vilamoura, this property offers easy access to the stunning beaches and world-class golf courses of the region. Situated on an 1.071 m2 plot, the urban property features a water tank, water connection, and mains drainage in the street. There is incredible potential to transform the existing structure (ca. 150m2) into a beautiful home comprising for example 3 bedrooms, 2 bathrooms, a lounge, and a kitchen. Furthermore, a detached building/s with ca. 18m2 could be renovated as well. Alternatively, one can explore the option of submitting a project for a villa to the local council subject to approval. This offer presents a unique opportunity to acquire a good size plot in a sought after location for a renovation project, strategically located in the heart of the Algarve. Do not miss out on this chance to create your dream home. Reach out to us for more details or to schedule a viewing.House Size: 168 sqm (149 House, 19m2 dependencies) Energy certificate class N.A..