This 4-bedroom villa in Mexilhoeira Grande, priced at €695,000, presents a unique renovation opportunity for buyers looking to invest in the Algarve. Situated just 7.8km from the beach and between the historic city of Lagos and Portimao, it is ideally located for those seeking both tranquility and accessibility to local amenities. With a generous living area of 217m² on an expansive 7,920m² plot, this property offers the perfect canvas for making your dream home a reality. The villa, built in 1989, boasts an open-plan layout with beautiful country views, private terraces, and a swimming pool. Additional features include an annex perfect for guests or rental potential. The layout includes a living/dining room, fitted kitchen, double bedrooms, and en-suite facilities, making it ideal for families or as a B&B venture. The surrounding area is rich in attractions, including golf courses and scenic beaches, ensuring a fruitful lifestyle. As an investment, this property not only promises potential appreciation but also comes with approved application benefits for turning it into a guesthouse. For a comprehensive touring experience, we encourage you to contact us for a viewing today!
● 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.
