Renovation costs for this 4 bedroom villa with a swimming pool in Mexilhoeira Grande are manageable given the property's potential. Priced at €640,000, it occupies a generous 8,000m² plot, presenting an excellent opportunity for buyers interested in property investment. With some love and attention, this property can transform into your dream family home or a lucrative B&B, especially considering it holds an approved application for transformation into a guesthouse. The villa, built in 1989, offers a spacious living area of 217m², providing ample space for reconfigurations. Situated slightly inland, the property offers an ideal balance between rural tranquillity and proximity to urban amenities, with Lagos and Portimão just a short drive away. Additionally, the beautiful countryside views enhance the property's charm, making it perfect for buyers looking to embrace nature. The outdoor area boasts a private swimming pool, BBQ, and large annex, all waiting for your personal touch. The expansive garden lends itself well to cultivation or leisure activities. With local amenities only a few kilometres away, including schools and golf courses, this property ensures convenience year-round. Don’t miss this opportunity to invest in a highly sought-after location in the Algarve. Contact us now to explore renovation options and schedule a viewing!
● 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.
