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Caldas de Monchique
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Why is investing in a property with an annex in Caldas de Monchique a good idea?

Villa in Caldas de Monchique

ref. LG2041
9.628.843DKK 8.919.742DKK
  • D
  • 5
  • 4
  • 415m2
  • 1.332m2

Investing in a property with an annex in Caldas de Monchique is a smart decision for numerous reasons. This unique villa not only includes five spacious bedrooms, three of which are en-suite, but also features a fully independent annex that can be utilized for guests, family, or as a rental income stream. The recently renovated villa, sprawling over a generous plot of 1,332m², boasts large open plan living spaces and stunning tropical gardens, adding great aesthetic and functional value. This property’s location in a tranquil spa hamlet offers access to local amenities while being just 23km from vibrant beaches, attracting both holiday home seekers and year-round residents. Additionally, with very low annual rates and the potential for high rental yield, this villa provides excellent long-term investment potential. The annex comprises its own living area, kitchenette, and bedrooms, allowing for flexibility in how it is used, enhancing its marketability if you decide to lease it out. Invest in this beautiful property today and explore the potential that comes with owning a villa in one of Algarve’s most charming locations!

Usage
Residential
Type
Villa
Town
Caldas de Monchique
Parish
Monchique
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
1938
Renovation Year
2020
Rooms
10
Bedrooms
5
Bathrooms
4
Floors
3
Furnished
Negotiable
Living Area
415 m²
Surface area
521 m²
Plot Area
1.332 m²
Tarmac, Manual Entrance Gate, Easy Access
Garage, Driveway
Lounge/Dining
Terraces
Open Plan, Fully Fitted, Modern, Island
Other Rooms 1
Storage, Laundry, Office/Study, Games/TV Room
Other Rooms 2
T2 Annex, Basement, Lounge, Kitchenette
3, En-Suite
2 Guest Toilets
Solar (Water), Boiler
Mains electric, Mains water, Septic tank
Double glazing, Fly Screens
8x4m, Pre-Installed Heated, Shower
Landscaped, Walled, Lawn, Trees
Pond, Patio, BBQ
Countryside View, Town View
• Living area 414.8m²
• Construction area 520.8m²
• Plot size 1.332m²
• Year of construction 1938; Renovation 2020
• 5 bedrooms (3 en-suite), a family bathroom plus 2 guest WCs
• Very low annual rates (IMI)
• 4x8m high quality completely renovated swimming pool with double outdoor showers also newly renovated
• 2 Koi ponds
• 23km to south coast beaches

This impressive property over three floors has an open plan gallery style and spacious airy rooms plus an independent annex in the basement. The garden is verdant and on several levels giving privacy and quite hidden spots.

The layout of the property makes it perfect as a home with granny annex or a small hotel with owners quarters and the location is ideal for paying guests. Residents in the hamlet benefit from discounts on the various spa treatments and facilities. A very special place.

Ground floor
• Entrance hall and office space
• Three bedrooms with en-suite and two with terraces overlooking the pool
• Laundry room
• Guest toilet

Lower level
• Huge open plan living room and dining area
• TV and entertainment room
• Kitchen opening to dining area and also directly to garden
• Large terrace overlooking the garden

Basement
• This can be reached via the house or independently via door from pool terrace
• Two bedrooms
• Family bathroom
• Living area
• Kitchenette

Exterior
• Garage
• Garden on several levels
• Storage

Energy certificate is older and does not accurately reflect the recent improvements to the property.

Amenities

• Mains electricity
• Septic tank
• Mains water directly from Caldas de Monchique spa
• Hot water by solar, electric and wood
• 2 Wood burners
• New thermal double glazed windows and doors with shutters
• Retractable fly screens on some windows and doors
• Internet
• Ceiling fans
• Key codes on bedrooms – good for guest rooms
• Large 3 car garage

Location

• In Caldas de Monchique with post office, restaurant, snack bar, galleries + thermal spa
• 8km to Monchique with all amenities including fresh market
• 18km to golf course
• 23km to south coast beaches
• 80km to Faro airport
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