Investing in properties with holiday rental potential in Portugal, such as this stunning villa in Monchique, is a smart choice, especially at the current price of €795,000. With its 4 bedrooms, heated swimming pool, and breathtaking views, the property not only serves as an ideal family home but also offers excellent opportunities in the thriving rental market. The location is particularly appealing with proximity to Monchique's amenities and breathtaking outdoor landscapes, ideal for those looking to attract holidaymakers.
This spacious villa, with a total living area of 248m² on a generous 4200m² plot, boasts modern renovations from 2014 and 2022, ensuring that it meets the expectations of discerning guests. The outdoor spaces are designed for relaxation and entertainment, featuring a landscaped garden and multiple terraces overlooking the hills and sea, making it an ideal retreat for holiday-goers.
Moreover, the potential to expand the property with an adjoining plot allows for increased rental capacity, presenting a unique investment opportunity. With the current tourism demand in Portugal, especially in areas like the Algarve, your investment could yield significant returns, making it a worthy consideration for serious buyers.
Additionally, features like gas central heating, double glazing, and a hot tub enhance the comfort and appeal of the villa, further attracting potential renters. If you would like to seize this investment opportunity and explore this property further, contact us today!
• 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