Purchasing this 4-bedroom villa, ready for renovation, near Mexilhoeira Grande is a straightforward process for buyers looking to invest in a property in the Algarve. Listed at €640,000, this spacious villa sits on a stunning 8,000m² plot, offering the perfect opportunity to create your dream home or holiday rental near beautiful beaches and golf courses. The villa features a swimming pool and annex, perfect for accommodating guests or enhancing outdoor living spaces. Its layout is ideal for renovations that can breathe new life into its traditional charm while providing modern comforts. The property is located just 7.8 km from the beach, allowing for easy access to all the Algarve has to offer, including local dining and recreational activities. Additionally, the potential for a profitable rental business finished off with renovations, a home that could also serve as a Bed & Breakfast once approved by the new owner, makes this an enticing deal for investors. With nearby towns adding to the dynamic lifestyle, buyers can immerse themselves in the vibrant Algarvian culture while capitalising on growth opportunities. For more details on this fantastic opportunity and the steps to purchase, contact us today and let’s bring your property vision to life!
● 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.
