House for Renovation in the Historic Centre of Loulé – Next to the Castle A unique opportunity to acquire a traditional Algarve townhouse located in the heart of Loulé's historic centre, just a few steps from Loulé Castle and the iconic Municipal Market. With approximately 80 sqm of gross floor area, this property retains the charm of the region's traditional architecture and offers excellent potential for value appreciation, whether as a permanent residence, holiday home, or local accommodation investment. The property comprises: -Entrance hall -Main living room -2 rooms (bedrooms) -Kitchen -Bathroom -Small outdoor courtyard -Access to a rooftop terrace The house requires complete renovation, allowing the future owner to redesign and personalise the space according to their own taste and needs. There is also the possibility of submitting a project to the Town Hall for an extension of the living area, including the construction of a first floor and an additional terrace, which could benefit from privileged views over Loulé Castle and the surrounding historic area. Located in one of the most sought-after areas of Loulé, the property is within walking distance of local shops, restaurants, cafés, services, schools, and the city's main cultural attractions. Key Features: -Prime location in Loulé's historic centre -Next to Loulé Castle -Just a few minutes from the Municipal Market -Excellent investment and appreciation potential -Possibility of extension (subject to municipal approval) -Ideal for local accommodation, investment, or permanent residence -Rooftop terrace with potential views over the historic heritage area An excellent opportunity to invest in one of the Algarve's most authentic and highly valued towns. Contact us for further information or to arrange a viewing.