€750,000

This exceptional villa offers a rare blend of residential comfort and business potential, set on a fully enclosed 2,646 m² plot just minutes from Loulé. With two independent living units, it is perfectly suited for a variety of personal or professional usesfrom multi-generational living to hospitality, retail, or wellness ventures. The ground floor, currently used as a residence, features a spacious 90 m² open-plan kitchen, living and dining area. Originally designed and licensed as a commercial unit, it retains its licence, allowing for easy conversion into, for example, a shop, restaurant, café, or studio. With two very large bedrooms and a bathroom split into three functional areas: shower, toilet, and sink. The property sits on a large plot with space that could be converted into a spacious parking area. Upstairs, the main residence has its own private entrance via an external staircase. With large, covered balcony with beautiful open views. The apartment has an entrance hall, a bright kitchen, a cosy living room with fireplace, The hallway leads to two bedrooms: a spacious en-suite with great sun exposure and storage, and a second bedroom ideal for guests or a home office. The villa is equipped for year-round comfort, with air conditioning, fireplace heating, and natural ventilation. A 300 litre solar system provides hot water, and a private borehole supplies a 5,000-litre water tank. While not yet connected to the public sewage system, the property has a large private septic tank, with easy access to mains water and sewage if desired. Outdoors, a paved courtyard offers ample parking and an electric gate. The northern side features a garden with lawn and tropical fruit trees, plus a second access gate. Located just five minutes from the exclusive Quinta da Ombria resort, the property also benefits from the serene charm and natural beauty of the surrounding landscape, while being conveniently close to the vibrant town of Loulé and all its essential amenities. A truly versatile property with limitless potentialideal for living, renting, or launching a business in the Algarve. Presented by Cerro Novo, a trusted real estate agency with over 40 years of experience in the Algarve property market. Known for our local expertise, personalized service, and in-depth knowledge of the region, Cerro Novo has helped countless clients find their dream homes and investment properties across the Algarve. Our multilingual team is committed to guiding buyers through every step of the process, ensuring a smooth and confident property purchasewhether you're relocating, investing, or searching for a holiday retreat.