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Which properties for sale offer investment potential in the Algarve region?

Villa in Arão

ref. LE2395
613.558£ 565.003£
  • E
  • 4
  • 3
  • 217m2
  • 7.920m2

For those seeking investment opportunities in the Algarve region, this 4-bedroom villa near Mexilhoeira Grande is a standout option. Priced at €695,000, this property not only offers residential comfort but also significant rental potential, particularly for holidaymakers seeking accommodations close to popular tourist destinations.
Set on an expansive 7920m² plot, the villa features a swimming pool, annex, and beautiful outdoor spaces that can be easily transformed into a variety of settings, including a charming B&B or guesthouse. The property has an open-plan layout, allowing new owners to tailor the space according to market demands.
Its location is key, being just 7.8 km from the beach and close to vibrant towns like Lagos and Portimão, ensuring steady demand from vacation renters. The established market for short-term rentals further enhances this property's investment appeal.
With local amenities, recreational facilities, and schools nearby, this property suits both families and investors. Capitalise on the growing tourism in the area and secure a promising investment in the Algarve. Don’t miss out—contact us today to learn more!

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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