You can buy a charming 6-bedroom guesthouse with 4 annexes in the heart of the Algarve, near Paderne. This property, fully renovated, is ideal for buyers looking to invest in the B&B market or use it as a spacious family home. Located in a quiet area, the guesthouse offers panoramic views of the beautiful Algarve countryside, making it a perfect retreat for guests. The main house features a large open-plan living room and a modern kitchen, along with 3 en-suite bedrooms. Each of the 4 annexes has independent accommodations, providing ample space for guests or family members. With a generous plot size of 780 m², the property also includes a plunge pool and a stunning terrace perfect for relaxing outdoors. Just 19.4 km from the nearest beach and close to the village of Alte, this guesthouse is also a great investment opportunity given its rental potential. Interested buyers can explore this unique property today before it’s gone!
• 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 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.