Investing in a country villa near Portimão presents a multitude of exciting opportunities, especially with this 4-bedroom property now available for €640,000. Situated on an expansive 8,000m² plot, this villa offers significant potential for both personal use and rental income. The charming countryside setting appeals to families seeking tranquility, while still being close to vibrant cities and pristine coastlines.
This property boasts four spacious bedrooms, three bathrooms, and generous living areas, making it suitable for large families or as a B&B, thanks to its approved application for future development. Moreover, the open-plan design of the home allows for seamless living and entertaining, with essential amenities all within a short distance.
Given the rising demand for holiday rentals in the Algarve, this property not only offers the chance to create a dream home but also a lucrative investment opportunity. Its outdoor features—including a private pool, large gardens, and multiple terraces—enhance its attractiveness to holidaymakers. Furthermore, investors can benefit from the diverse local activities such as golf, beaches, and cultural heritage, which adds to the villa's rental appeal.
As the potential for ROI is exceptionally high in this region, acquiring this villa could mean significant returns in both the short and long term. With the charming locale and endless possibilities for renovation and expansion, this property is a must-see. Explore this investment opportunity today—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.