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What investment opportunities exist for country homes in Mexilhoeira Grande?

Villa in Arão

ref. LE2395
695.000€ 640.000€
  • E
  • 4
  • 3
  • 217m2
  • 7.920m2

This 4-bedroom country home in Mexilhoeira Grande presents numerous investment opportunities for discerning buyers. Priced at €640,000, this property not only offers generous living space (217 m²) but also features a large 8,000 m² plot and an additional annex, perfect for creating guest accommodations or rental units.

The villa, which is in need of renovation, holds great potential as a long-term investment in a thriving area popular with tourists and expats. Its location is particularly advantageous, being just a short drive from the beautiful beaches of Lagos and Portimao, making it a desirable spot for holiday rentals.

The spacious layout encapsulates an open-plan design with living and dining areas that promote a sociable atmosphere, along with outdoor spaces that include a private swimming pool and BBQ area—ideal for entertaining.

Investors can explore multiple avenues with this property, from developing it into a charming bed and breakfast to revamping it into a serene family retreat in the Algarve. With local amenities and the stunning countryside right at your doorstep, the possibilities for enhancement and profit are plentiful.

Now is the ideal time to invest in this flourishing market. Contact us today for more information on viewing this remarkable property!

Usage
Residential
Type
Villa
Town
Arão
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
1989
Rooms
5
Bedrooms
4
Bathrooms
3
Floors
2
Furnished
Partly
Living Area
217 m²
Usable area
217 m²
Plot Area
7.920 m²
Country Road, Manual Entrance Gate
Driveway
Lounge/Dining
Garden Terrace, Balcony/Terrace
Open Plan, Partly fitted, Partially Equipped
Storage, Annex
1 En-Suite, 2 Bathrooms
Cable/Satellite TV, Internet/Phone
Mains electric, Mains water, Septic tank, Gas Bottle
Single Glazing, Manual Shutters/Blinds
Private
Private, Natural, Fenced
Courtyard, Bread Oven
Countryside View
● 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.
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