2-hectare Plot with Ruin in Malhada Velha, Loulé

This property, with roots dating back to the late 19th century, is situated in the charming region of Malhada Velha, conveniently located just 2 km from Loulé, a historic town known for its traditional charm and modern amenities. Set in the heart of the hills, the property covers a total area of 2 hectares, providing tranquillity, with access via a road used exclusively by the neighbors who live in scattered houses. At the center of this plot is a ruined house of approximately 100 m2, which displays the characteristic charm of late 19th century Algarve architecture, highlighted by its blue platibanda. With a north-south orientation, the terrace offers stunning views of the city of Loulé, with the sea in the background. The property has remarkable potential to become an Ecoresort or a sustainable retreat. The land is predominantly flat, divided into terraces with gentle slopes, demarcated by traditional stone walls and has a variety of fruit trees, such as fig, almond, olive, carob, plum and holm oak. The surrounding area offers several hiking and cycling routes, as it is situated in the region of the Algarvensis Geopark and along the Fonte da Benémola local protected landscape route. On the other side of the property's entrance road, an adjacent plot of land could be used for various purposes, such as outdoor parking, a children's playground or any other complementary application, providing direct access to the road leading to the house. Loulé Town Hall has confirmed the possibility of restoring the existing ruin and expanding it to around 300m2. In addition, a full topographical survey of the property has been carried out, and water and sewage infrastructures have recently been installed. Don't miss out on this unique opportunity to acquire this historic property. Contact us to arrange a visit and explore its full potential.