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How can I invest in a country house for renovation in Portugal?

Villa in Arão

ref. LE2395
7.659.166SEK 7.053.045SEK
  • E
  • 4
  • 3
  • 217m2
  • 7.920m2

Investing in a country house for renovation in Portugal has never been easier with this 4-bedroom villa near Mexilhoeira Grande. This property is listed at €640,000 and offers a tremendous 8,000m² plot with a wealth of potential. The spacious 217m² villa features 4 bedrooms and 3 bathrooms, plus an annex that could be transformed to enhance rental income or guest accommodation. Located just 7.8 km from the stunning beaches and close to key amenities, this location is perfect for those seeking a countryside retreat with access to urban conveniences. This villa not only presents a chance for renovation but also offers a unique opportunity to potentially generate business income as a B&B, with approved application possibilities. Explore the nearby town of Lagos with its rich history, or indulge in the Algarve's renowned golf courses just a few kilometers away. With some refurbishment, this house could become your dream home or a lucrative investment. Serious buyers should Act fast as interest in such properties is growing. Be part of Portugal's beautiful landscape—it’s time to schedule a viewing and make this property yours!

Usage
Residential
Type
Villa
Town
Arão
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
1989
Rooms
5
Bedrooms
4
Bathrooms
3
Floors
2
Furnished
Partly
Living Area
217 m²
Usable area
217 m²
Plot Area
7.920 m²
Country Road, Manual Entrance Gate
Driveway
Lounge/Dining
Garden Terrace, Balcony/Terrace
Open Plan, Partly fitted, Partially Equipped
Storage, Annex
1 En-Suite, 2 Bathrooms
Cable/Satellite TV, Internet/Phone
Mains electric, Mains water, Septic tank, Gas Bottle
Single Glazing, Manual Shutters/Blinds
Private
Private, Natural, Fenced
Courtyard, Bread Oven
Countryside View
● Living area 217m², Construction area 217m²
● Plot 7920m²
● Year of construction 1989
● 4 Bedroom, 3 Bathrooms
● Private terraces
● Annex
● Distance to the beach 7,8km

This 4 bedroom country retreat has great potential and, with some love, attention and renovation could be the secluded dream home you have always wanted. Built in 1989, this property has an open plan layout, beautiful country views, private terraces and gardens which, with some investment into renovation offers potential as a large family home, smallholding or future opportunity as a possible B&B with the approved application by the new owner.

The property consists of:
Ground Floor
• Entrance hall
• Living/dining room with patio doors.
• Fitted and equipped open-plan kitchen
• 2 double bedrooms (1 with en-suite bathroom)
• 3rd bedroom/Study
• Family bathroom
• Patio doors to a balcony and staircase

First Floor
• Double bedroom
• En-suite bathroom
• Patio doors to a large terrace and stairs

Outside Areas
• Terraces
• BBQ
• Bread ovens
• Large natural garden
• Swimming pool and tiled surround
• Large annex
• Pergola
• Garage

Amenities

• Mains electric and water
• Septic tank
• Single glazing with manual shutters

Location

• 7.8km from the Beach
• 7km to the Sea
• 6.4km to nearest golf course (Penina)
• 3.3km to nearest school
• 75.9 km to Faro airport
• 3km to Nearest town (Mexilhoeira Grande)
•10km Lagos/13km Portimao

Other Info

• Pool, garage, annex and pergola are not registered.
• Property has a public right of way and water course, which must be maintained.
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