Old House 2 Bedrooms Duplex for buy in Loulé

With excellent location in the historic center of Loulé, near the market, historic area, restaurants and services, this project for recovery of 2 bedroom villa is approved by CML under the benefits for urban rehabilitation (ARU).

The distribution of the various divisions is improved by its deployment on 2 floors. 2 Terraces.

The ARU program provides a set of tax benefits and incentives when rebuilding this house, such as IMI’s exemption for a period of three years, including the year of completion of the works on the property. as well as a reduced VAT rate of 6% on rehabilitation works. The IRS, IRC, capital gains tax, and the reduction or exemption of certain fees offer other tax benefits.

The property’s central location in the prime area of Loulé makes it a real estate investment opportunity due to its tax benefits.

Loulé, cosmopolitan city in the Centre of the Algarve, close to the beautiful beaches of Quinta do Lago, Vale do Lobo and Vilamoura, known for its medieval and archaeological history, as well as for its rich architectural heritage, and busy streets full of character, and personality, is the ideal place to live for those who want a city environment, near the mountains and the sea.

We await your contact to present this excellent opportunity.