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How much should I invest in a villa for holiday rentals in Algarve?

Townhouse in Monchique

ref. LG2129
350.000€ 320.000€
  • F
  • 1
  • 1
  • 100m2
  • 100m2

Investing in a villa for holiday rentals in the Algarve can be a lucrative opportunity, particularly with this property for sale at €320,000. The fully renovated village house near Monchique comes with one bedroom, making it a cozy but comfortable haven for vacationers. It boasts energy-efficient renovations that resonate with environmentally conscious visitors, ensuring lower utility costs and higher satisfaction. With a bright, airy interior highlighted by high ceilings and Velux windows, this home promises comfort and charm. The appealing courtyard adds significant outdoor space for guests, enhancing the overall experience. Located just 25 km from beautiful beaches and near essential local amenities in Monchique and Marmelete, this property is perfectly positioned to attract rental demand. Its proximity to the picturesque Serra de Monchique offers adventure and relaxation alike, appealing to a variety of holidaymakers. Dive into a profitable investment opportunity; contact us today to learn more!

Usage
Residential
Type
Townhouse
Town
Monchique
Parish
Monchique
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
1951
Renovation Year
2024
Rooms
4
Bedrooms
1
Bathrooms
1
Floors
1
Living Area
100 m²
Usable area
100 m²
Plot Area
100 m²
Tarmac, Easy Access
Parking outdoors
Lounge/Dining
Patio
Open Plan
1 Bathroom, WC
Under floor heating, Salamandra
Internet/Phone, Solar (Water)
Mains electric, Mains water, Mains drainage
Double glazing
Courtyard
Village view
• Living area 100.30m²
• Year of construction pre 1951 Renovation completed Summer 2024
• Spacious open-plan kitchen and living area
• 1 bedroom, 1 bathroom, 1 WC
• Prepared for mezzanine floor
• Courtyard accessed from interior and exterior
• 25km to south coast beaches and 30km to west coast

This pre 1951 Portuguese village house has already undergone significant renovation. The property is bright, airy and spacious with extra high ceilings of chestnut wood and many Velux windows allowing light to pour in. The exterior wall is very thick, and the interior walls are built from insulating thermal bricks with ventilation points and finished with breathable lime plaster. The roof is insulated using local cork along with a waterproof layer. This will make the property very
energy efficient.

The kitchen area is fully fitted. The bathroom has a shower and toilet and there is a guest toilet.

Sockets have been placed high in the wall ready for a mezzanine floor which could be a second bedroom, storage space or office.

The charming courtyard gives extra light and a private outdoor space.
Everything has been thought out to make a very comfortable and pleasant home.

Ground floor
• Spacious open plan living room with kitchen area
• Bathroom
• Guest WC
• Large bedroom
• Courtyard

Amenities

• Internet connections and internet available in the area
• Electric underfloor heating throughout
• Wood burner
• Solar and tank on roof for hot water
• Double glazing in kitchen and courtyard door

Location

The hamlet has a cafe/mini market and a public swimming pool.
8km to Monchique with all amenities including indoor + outdoor municipal pools, fresh market etc.
9Km to Marmelete with restaurants, mini market, and school
25km to south coast beaches and large town of Portimão
23km to golf course
84km to Faro airport

Other Info

Note: The energy certificate rating was done before the renovation therefore does not reflect the new energy efficiency.
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