Considering an investment in 4-bedroom properties in the Algarve? This villa near Mexilhoeira Grande exemplifies a remarkable opportunity in the region. Priced at €640,000, the property provides not only spacious living with 4 bedrooms and 3 bathrooms but also an expansive outdoor area spanning over 8,000m², ideal for personal enjoyment or future developments.
With a generous living space of 217m², the villa boasts an open-plan layout that's perfect for family gatherings and entertaining guests. The outdoor spaces feature private terraces, a swimming pool, and additional facilities like an annex, all set against beautiful countryside views. Such features increase the potential for a high Return on Investment (ROI) when fully renovated.
This area has strong rental potential, especially given its proximity to popular destinations like Lagos and Portimão, both of which are within a short drive. Investors may find that transforming this property into a successful B&B could lead to excellent profits due to the rising demand for accommodation in the Algarve. This villa’s location combines the tranquility of rural living with easy access to local amenities and attractions. Seize this chance to invest in a lucrative property—contact us for more 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.
