Traditional Villa with Stunning Panoramic Countryside Views and Exceptional Tourism Potential, Just 5 Minutes from Loulé

Situated in an elevated and privileged position in Malhada Velha, just 5 minutes from the centre of Loulé, this traditional two-storey villa offers a rare combination of privacy, open views and outstanding potential for value enhancement. Set within a mixed plot of 2,320 m², surrounded by nature and mature trees, the property enjoys generous outdoor spaces and a peaceful setting. The accommodation is arranged over two independent levels, offering exceptional versatility for family living, guest accommodation or income-generating purposes. The ground floor comprises a living room, kitchen, two bedrooms, a bathroom, a storage room and a spacious garage/warehouse of approximately 50 m², providing a multifunctional space ideal for parking, a workshop, gym, games room or potential extension of the living area. The upper floor forms the main living area and features a spacious lounge with fireplace and direct access to the terraces, a kitchen with a traditional wood-burning stove, three bedrooms, two bathrooms, an additional multifunctional room and several terraces with open views over the Algarve countryside. An accessible rooftop terrace provides the perfect setting for creating an exclusive lounge area and enjoying the magnificent natural surroundings. Outside, the property benefits from mature gardens, a traditional stone well, sunny terraces and a tranquil countryside atmosphere that ensures complete privacy. There is also ample space for the construction of a swimming pool, further enhancing the property's appeal. With approximately 268 m² of gross construction area and a layout that allows for independent living spaces, this property presents exceptional tourism and investment potential. Its configuration and setting make it particularly well suited for a boutique guesthouse, rural tourism project, wellness retreat or small hospitality concept, subject to the relevant approvals.  Combined with its proximity to Loulé, the Golden Triangle, prestigious golf courses and some of the Algarve's finest beaches, this is a compelling opportunity to create a distinctive lifestyle and income-generating property in one of Southern Europe's most desirable destinations. Images in the Exposé may have been optimized or adapted using AI for illustrative purposes.