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Global Properties

4 bedrooms Castles in Loule, Portugal No. 227188

$ 4 975 475
$ 3 248 per m²
4 Bedrooms
3 Bathrooms
1532 Living space, m²
Loule, Portugal
Parameters
Bedrooms
4
Bathrooms
3
Living space, m²
1532
ID
227188
Type
Castles
Land area, m²
54000
Completion date
IV quarter, 2024
Property description
VALE DA NORA: WHERE TIMELESS LAND MEETS VISIONARY POSSIBILITY

AN ICONIC ESTATE IN THE FOOTHILLS OF LOULÉ’S UNSPOILT INTERIOR
Set among the rolling hills and ancient groves of Salir, Vale da Nora offers a rare opportunity to acquire over 53,000 square metres of prime Algarve countryside with legal residential and agricultural usage. Approved under Alvará de Utilização No. 10/2024, this estate is a fully registered property with enormous scope to become a signature rural residence, a sustainable retreat, or a private family compound with scale and soul.

A LANDMARK OF NATURAL GRANDEUR AND ARCHITECTURAL POTENTIAL
The estate features a registered 1,180 square metre residential structure ready for development or completion, along with a 352 square metre agricultural support building ideal for stables, workshops, or storage. A swimming pool is also authorised, further enhancing its lifestyle credentials. This is a project-ready estate, offering legal clarity and architectural freedom within a setting of rare privacy.


A LIVING, BREATHING LANDSCAPE
Spanning 5.35 hectares, the land is rich with natural features and agricultural value. The property includes  mature carob trees,almond trees, and olive trees, set within gently undulating terrain. The landscape invites sustainable living, organic cultivation, equestrian use, or simply an extraordinary canvas for a private estate surrounded by nature and silence.

LEGAL CLARITY AND INVESTMENT SECURITY
Vale da Nora is fully registered and benefits from an official Usage Licence authorising both residential and agricultural use. While it does not currently hold a habitation licence, its formal land classification and legal documentation make it a highly secure rural asset for both national and international buyers. Properties of this scale and legal standing are increasingly rare, particularly within reach of key Algarve destinations.

A PRIVATE WORLD WITHIN EASY REACH
Despite its tranquil setting, Vale da Nora is only 10 minutes from the local village of Salir, 20 minutes from Loulé, and 35 minutes from the beaches and golf courses of Vilamoura. Faro International Airport is accessible in under 40 minutes. This blend of total seclusion and immediate connectivity adds significant lifestyle appeal to the estate.

EXCEPTIONAL VALUE IN A TIGHTENING MARKET
With rural licensing restrictions increasing, estates of this calibre are becoming extremely difficult to replicate. At €4,250,000, Vale da Nora represents extraordinary value for its scale, usage rights, and long-term potential. Whether your goal is legacy ownership, strategic land acquisition, or visionary development, this is a rare opportunity to secure a landmark Algarve estate at below-market price.
Features
Features
  • Balcony
  • Terrace
  • Furnished
Indoor facilities
  • Storage room
  • Garage
Outdoor features
  • Car park
  • Garden
  • Swimming pool
Statistics Loule
$ 4 620
Price per m²
164
Quality of Life Index
50
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 157
2-Room Apartment
$ 930
Apartment Purchase Price per m²
In the City Center
$ 4 620
Outside the City Center
$ 3 555
Crime Index
30
Cost of Living and Rent Index
40
Purchasing Power Index
73
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
27
Health Care Index
54
Groceries Index
48
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
45
Climate Index
98
Cost of Living Index
50
Quality of Life Index
164
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 14.06
Meal for 2 People, Mid-range Restaurant, Three-course
$ 42.19
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.72
Domestic Beer (0.5 liter draught)
$ 2.93
Imported Beer (0.33 liter bottle)
$ 2.34
Coke/Pepsi (0.33 liter bottle)
$ 2.34
Water (0.33 liter bottle)
$ 1.64
Cappuccino (regular)
$ 1.90
Markets
Milk (regular), (1 liter)
$ 1.08
Loaf of Fresh White Bread (500g)
$ 1.55
Eggs (regular) (12)
$ 3.51
Local Cheese (1kg)
$ 14.51
Water (1.5 liter bottle)
$ 1.25
Bottle of Wine (Mid-Range)
$ 5.27
Domestic Beer (0.5 liter bottle)
$ 0.98
Imported Beer (0.33 liter bottle)
$ 3.08
Cigarettes 20 Pack (Marlboro)
$ 6.68
Apples (1kg)
$ 2.67
Chicken Fillets (1kg)
$ 6.35
Oranges (1kg)
$ 1.62
Potato (1kg)
$ 3.25
Lettuce (1 head)
$ 1.45
Rice (white), (1kg)
$ 1.85
Tomato (1kg)
$ 2.68
Banana (1kg)
$ 1.35
Onion (1kg)
$ 2.55
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.38
Transportation
One-way Ticket (Local Transport)
$ 3.52
Monthly Pass (Regular Price)
$ 43.36
Gasoline (1 liter)
$ 2.04
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 211
Taxi Start (Normal Tariff)
$ 3.87
Taxi 1km (Normal Tariff)
$ 1.17
Taxi 1hour Waiting (Normal Tariff)
$ 22.27
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 931
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 141
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 36.33
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.36
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 465
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.54
Tennis Court Rent (1 Hour on Weekend)
$ 22.27
Cinema, International Release, 1 Seat
$ 11.72
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 74.22
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 46.30
1 Pair of Nike Running Shoes (Mid-Range)
$ 110
1 Pair of Men Leather Business Shoes
$ 107
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 479
International Primary School, Yearly for 1 Child
$ 12 708
Contact seller
Contact seller

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