The cost of a country villa requiring renovation near Mexilhoeira Grande is currently set at €640,000, presenting a unique investment opportunity in the Algarve region. This 4-bedroom villa is situated on a generous plot of 8,000m² and needs refurbishment to unlock its full potential. The property boasts a living area of 217m² with three bathrooms and a spacious annex, making it ideal for families or those looking to create a guest house. Located just 7.8km from the beach and a short drive away from local attractions like golf courses, this house combines convenience with rural charm. With additional features such as a swimming pool, large terraces, and beautiful gardens, the property provides a perfect canvas for transformation. As the Algarve is a sought-after destination, investing here is advantageous for anyone looking into the rental market or a peaceful retreat. The region offers a vibrant lifestyle with cafes, shops, and scenic views. Explore renovation possibilities that could increase property value significantly. Reach out now for more details or to arrange a visit!
● 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.
