Renovation projects for country villas like this 4-bedroom property near Mexilhoeira Grande can vary significantly in cost depending on various factors. This villa, priced at €640,000, requires some attention and renovation but offers incredible potential given its spacious layout and desirable location.
The home features a generous plot of 8,000 m², which allows for extensive landscaping and outdoor enhancements, including a pool and terraces. Depending on your desired upgrades, you might consider a budget of anywhere from €50,000 to €150,000 for a complete renovation to bring it up to modern standards and aesthetics.
The open-plan design of this 217 m² living area allows for creative redesign while maintaining its charm. With additional rooms including a large annex that can be repurposed, the investment in renovations can significantly enhance both the value and functionality of the property.
Given its proximity to local attractions, such as the beaches just 7.8 km away and the town amenities within 3 km, the villa offers a great opportunity for those considering the rental market or establishing a family home.
Investing in a renovation not only increases the property value but also often leads to higher returns in the vibrant Algarve real estate market. Explore this renovation opportunity today – contact us for more information!
● 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.
