Investing in this rural property near Lagos and Portimao requires a core investment of €640,000. This 4-bedroom villa on an impressive 8,000m² plot offers excellent potential for buyers seeking a renovation project within a desirable area in the Algarve. With a construction year of 1989, this property is waiting to be transformed into your ideal home or investment opportunity. The spacious 217m² layout includes a comfortable living area, equipped kitchen, and ample outdoor terraces for entertaining. Additionally, the private swimming pool enhances the appeal, offering a private retreat. Buyers should take note of the potential ROI through proper renovations or converting the annex into rental accommodation. The property's location just 7.8 km from the beach ensures that you'll enjoy the best of sandy shores and stunning views right at your doorstep. Explore local amenities and maintain accessibility to vital services. This is a fantastic opportunity for buyers eager to invest in Portugal's thriving real estate market. Start your journey today—contact us for further details!
● 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.
