The cost of this 4-bedroom renovation project villa with a pool in Algarve is set at €695,000. Nestled on an impressive 8,000m² plot, this property offers potential buyers an opportunity to transform a country villa built in 1989 into their dream home. With a living area of 217m², this villa features an open-plan layout, perfect for contemporary living and entertaining. Located near Mexilhoeira Grande, you'll find local amenities, beautiful beaches, and golf courses just a stone's throw away. Imagine enjoying sun-soaked days by the private pool or holding family gatherings on your extensive terraces. The property comes with an annex, providing additional space for guests or potential rental options. This investment opportunity could yield great returns as a holiday rental or B&B with proper renovations, taking advantage of its proximity to Lagos and Portimão. As an added bonus, this villa has 3 bathrooms, ensuring ample convenience for occupants. The nearby local school and golf course enhance the area's appeal for families and golf enthusiasts alike. With the versatility of both a tranquil retreat and a potential business venture, this property is a rare find in the Algarve. Don’t miss your chance to invest in this unique opportunity. Contact us now to 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.
