If you're seeking an investment opportunity in the Algarve, this four-bedroom villa in Monchique stands out. Priced attractively at €795,000, it features a range of amenities designed to attract holiday renters. The property includes an inviting heated swimming pool and a hot tub, enhancing its appeal for short-term rentals in the ever-popular Algarve region.
With a substantial living area of 248m² and a generous plot size of 4,200m², there's ample space both inside and out. The villa's charming design captivates guests, and with proximity to Monchique's vibrant market and restaurants, your investment promises high occupancy rates. Renovated recently, the villa exudes modern comfort while maintaining a traditional Algarvean spirit, perfect for attracting a diverse range of renters.
Additionally, the adjoining plot, with potential for further development, offers even greater ROI possibilities. With approximately 30km to the beach at Praia da Rocha, guests can easily enjoy the beautiful coastline. The surrounding areas offer excellent hiking and cycling spots, making it an attractive destination for nature lovers. Don't let this unique opportunity pass you by - contact us today for more details on this outstanding investment potential!
• Living area 248m², Construction 270m²
• Plot size 4200m² (two plots of 2100 each)
• 4 bedrooms, 3 bathrooms, 1 WC
• Year of construction 1986, Renovation 2014 & 2022
• 30km to Praia da Rocha beach
• Panoramic views to the south coast
• Adjoining plot has construction possibility for a 200m² house
• Close to restaurants and town
• Great walking and cycling area
This is a light and generously proportioned villa perfect for a family or equally a great place to invite friends. The panoramic views are fabulous, it is private but not isolated having a few other villas around. Enjoy the pool terrace on a summer’s day or the hot tub under the stars. It is close to restaurants and a few minutes to the beautiful mountain town of Monchique. It’s a place to indulge and relax or to do guest rentals.
Entrance Level
• Entrance hall
• Open plan living/dining room and bar area
• Kitchen
• Office/bedroom with en-suite and guest WC
Lower Level
• Hallway to stairs
• 3 bedrooms (1 en-suite with dressing area)
• 1 bathroom
External
• Landscaped garden
• Pool terrace & swimming pool
• Carport
• Automatic gates
Amenities
• Mains electricity
• Septic tank
• Spring water
• Internet
• Gas powered central heating radiators
• Wood burner
• Reverse air conditioning
• Solar panels for water heating
• Automatic gates
• Double glazing with shutters
• Heated pool
• Hot tub outside master bedroom
Location
• 90km to Faro airport
• 5km to Monchique with all amenities
• 30km to Praia da Rocha beach
• 25km to large town of Portimão
• 25km to golf course