The investment potential for holiday rental homes in the Algarve, particularly in Monchique, is exceptionally promising, with this charming renovated townhouse available for €210,000. Given its proximity to nature and local attractions, this property is perfect for buyers looking to invest in a rental opportunity that appeals to a variety of guests seeking relaxation and adventure. The current design features one bedroom and a versatile mezzanine, which can comfortably accommodate guests. Its unique blend of traditional architecture and modern amenities creates an inviting space that will attract holidaymakers year-round. The lush surroundings of the Serra de Monchique offer ample recreational activities, including hiking and cycling, which many tourists seek. Being just 28 km from Praia de Rocha beach provides easy access to stunning coastal experiences while enjoying the tranquillity of rural living. The area experiences a high tourist turnover, especially in the summer months, promising solid rental returns. Additionally, the property is designed for easy maintenance, making it a hassle-free investment option. Capitalize on this demand and secure an asset that not only provides a traditional home but also the chance for lucrative returns. Explore your options today by contacting us to learn more about this fantastic investment opportunity!
• Living area 56.87m²
• Year of construction pre 1951 Full Renovation 2025
• Open-plan kitchen and living area
• 1 bedroom, 1 bathroom
• Additional mezzanine floor
• 28km to South coast beaches
This pre 1951 Portuguese townhouse has already undergone significant renovation. With its interior walls removed and extra windows fitted this small house which now has a bright, airy and spacious feel to it. Velux windows allow even more light to pour in. The exterior wall is very thick. The roof is insulated. All amenities are pre-installed and all final works (incl. kitchen, floor, bathroom etc.) are pre-requested, so a full renovation incorporating individual wishes, can be finished in a couple of weeks. The first floor can be converted in a bedroom or office. An extra bed can be fitted on the mezzanine floor.
The charming courtyard gives extra light and a private outdoor space, complete with tiny plunge pool. Everything has been thought out to make a very comfortable and pleasant home.
Ground floor:
• Open plan living room with kitchen area
1st Floor:
• Bathroom
• Separate room/office space
• Mezzanine for sleeping area or storage
External:
• Courtyard with tiny plunge pool
Amenities
• Double glazed windows
• Mains electricity, water and drainage
• Fibre optic internet available
• Double glazing
Location
0km to Monchique with all amenities
23km to golf course
25km to large town of Portimão
28km to Praia de Rocha beach
85km to Faro airport
