Algarve, Loulé, Portugal

Formerly the vibrant hub of the local community, this rural estate nestles serenely within a former agricultural hamlet amidst the picturesque inland landscapes of the Algarve. Its tranquil countryside setting offers excellent connectivity to the region's motorways and highways, effortlessly whisking you and your guests to the coast, golf courses, marinas, shopping centers, and vibrant nightlife, all within a 20 to 30-minute drive. Faro airport is conveniently situated just 40 minutes away, while Lisbon is reachable in under 2.5 hours.

With a rich history dating back to the 1960s when it housed a beloved cinema club frequented by villagers for film screenings, dancing, and socializing, the property has undergone extensive and meticulous restoration and renovation. The centerpiece is the main house, boasting three bedrooms, two of which are ensuite. This spacious abode also features ample storage, a shower room, a laundry room, and a breathtaking open-plan living area seamlessly integrated with an industrial-style kitchen. Anchoring the residence, this magnificent space boasts soaring beamed ceilings and a cozy wood burner, while double-glazed patio doors beckon to the outdoor patio.

The patio itself hosts a refreshing plunge pool, an inviting outdoor BBQ area, multiple terraces, and panoramic vistas of the surrounding countryside. Additionally, it links to four self-contained one-bedroom units adjacent to the main house, each meticulously restored and named after its original historic function. These units offer versatile accommodation for extended family or present an enticing opportunity for a potential rural tourism venture, subject to local licensing requirements.

Though individually unique, each unit features a kitchenette, a shower room, and ample space for a king-size or twin beds. Original architectural elements such as knurled timber beams and exposed stone walls have been lovingly preserved where possible, adding character and charm to the spaces.

This captivating property holds immense appeal for those considering the development of a profitable B&B-style enterprise in the burgeoning inland Algarve, an increasingly popular destination among international travelers. Alternatively, it offers an ideal haven for a large, multi-generational family seeking ample living space with the flexibility for remote work and leisure.

Alte, renowned for its quintessential charm and well-preserved architectural heritage, stands as one of the Algarve's most emblematic villages. With its whitewashed houses, traditional chimneys, and winding cobbled streets, it exudes a timeless allure. The village center, anchored by a picturesque church, is dotted with quaint cafes and restaurants, while its surrounding countryside boasts hidden gems like the Fontes de Alte, natural springs featuring enchanting pools. As one of the most sought-after destinations in the Central Algarve countryside, Alte promises a wealth of exploration and discovery for visitors and residents alike.
REF: OH2696