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How can I invest in a property with B&B potential in Alte?

Guesthouse in Alte

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

Investing in a property with B&B potential in Alte is straightforward with this enticing semi-detached quinta, which is now available for sale. This charming property includes a total of 6 bedrooms and boasts 4 fully renovated annexes, creating perfect accommodations for guests. Positioned on a picturesque plot of 780m², the 332m² living space is designed for comfort and flexibility.

Additionally, the property is located just outside of the serene village of Alte, providing a quiet atmosphere ideal for holiday-makers looking for a relaxing retreat. The main house features spacious living areas, 3 en-suite bathrooms, and a contemporary kitchen, making it suitable for both family living and guest entertainment.

With a plunge pool on-site, guests can enjoy tranquility without the hustle of the nearby beach, which is only 19.4 km away. The surrounding area is rich in natural beauty and offers various hiking and cycling routes for active lifestyles.

The call for holiday rentals is rising in the Algarve, and this unique property stands out in a market eager for quality guest accommodations. Seize this investment opportunity to create a thriving business or a peaceful family retreat.

Contact us for more details and to book your viewing today!

Usage
Residential
Type
Guesthouse
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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