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Best investment options for a family home with annexes in Algarve

House in Alte

ref. VM2183
695.000€ 595.000€
  • D
  • 6
  • 7
  • 332m2
  • 780m2

If you’re searching for the perfect investment in the Algarve, this 6 bedroom semi-detached Quinta with 4 annexes is an exceptional choice. Situated near Paderne, this fully renovated property offers unique potential for both residential living and guest accommodation. The main house covers 332m² and includes modern amenities along with the charm of rural living. The surrounding 780m² plot includes independent annexes that present numerous possibilities for B&B or vacation rentals. With beautiful countryside views and proximity to local amenities, this property is a prime option for families and investors alike. Interested? Reach out to us now to learn more about this fantastic opportunity!

Usage
Residential
Type
House
Town
Alte
Parish
Alte
Municipality
Loulé, Faro
Region
Algarve (Central)
Construction Year
1935
Renovation Year
2023
Bedrooms
6
Bathrooms
7
Floors
2
Furnished
Partly
Living Area
332 m²
Usable area
332 m²
Plot Area
780 m²
Tarmac
Private Parking
Lounge/Dining
Own Entrance, Open Plan, Kitchen/Dining, Fully Fitted, Modern, Terrace
Storage, Laundry, Mezzanine, 4 Annexes
3 on Ground Floor, En-Suite, Countryside View
Mains electric, Gas Bottle, Cistern, Septic tanks
Double glazing, UVA Protection
Private, Plunge pool
Countryside View, Panoramic View, Wide Open Views
• Living Area 332m²
• Plot Size 780m²
• Main House: 3 Bedrooms, 3 Bathrooms, (2 En-Suite) 1 W.C
• 3 One Bedroom Annexes & 1 Studio
• Year of Construction 1939, Renovation 2023
• Distance to Beach 19.4km
• Business Opportunity for B&B/Guesthouse
• Quiet Area
• Views to Countryside Hills
• Various independent accommodations

Located in the heart of the peaceful Algarvian countryside is this fully renovated property set out like a small hamlet of houses in bright happy colours. The main residence was formerly the village ‘picture house’ and dance hall for locals on Saturday nights. Potentially, perfect business opportunity for holiday rentals (subject to council approval) or for a large family home.

Main House (ground floor only):
• Large open plan living room/kitchen
• Library room
• Laundry
• Hallway
• 2 bedrooms en-suite
• 1 bedroom
• 1 bathroom
• 1 W.C

Annex 1:
• Living room/kitchenette
• Bedroom
• Bathroom
• Terrace

Annex 2:
• Ground floor: living room/kitchenette
• First floor: bedroom & bathroom

Annex 3:
• Ground floor: living room
• First floor: bedroom & bathroom

Annex 4:
• Ground floor studio with bathroom and large terrace

Outside:
• Plunge Pool
• 40,000 litre restored cisterna
• Parking
• Storage shed
• South orientation

Amenities

• Partly furnished
• Replacement double glazed windows

Location

• 44.4 km to airport
• 3.5 km to Alte village
• 8.3 km to Paderne town

Other Info

This unspoiled area of the Algarve has lots of orange groves and is a known area for cycling, horse riding and walking routes with lots of safe country lanes.
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