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Which properties in Algarve provide excellent investment opportunities for holiday rentals?

Villa in Monchique

ref. LG2353
689.000€
  • B-
  • 3
  • 2
  • 200m2
  • 2.880m2

This modern 3-bedroom villa in Monchique presents an excellent investment opportunity for holiday rentals in the Algarve. Priced at €689,000, this stunning property features panoramic views of the mountains and distant sea, making it highly attractive to tourists seeking a tranquil escape. The villa's generous living space of 200.4 m² on a spacious plot of 2880 m² allows for comfortable stays, ensuring a competitive edge in the holiday market.

A unique feature of the property is the preparatory work completed on the first floor attic, which offers potential for transformation into additional rental accommodation or a recreational area, thereby increasing the rental potential of this villa. The villa also includes high-quality finishes, two well-appointed bathrooms, and a state-of-the-art kitchen, all vital selling points in the competitive rental market.

Moreover, the villa's proximity to popular attractions like the Caldas de Monchique spa resort and beautiful South coast beaches (just 25 km away) adds to its allure for vacationers. Investors can also consider the seasonal rental market as a substantial source of income, with the Algarve being a well-known holiday destination.

This property combines charm, convenience, and investment potential, making it a sound choice for buyers interested in generating income while owning a beautiful home. Reach out to us today to learn more about this promising investment opportunity!

Usage
Residential
Type
Villa
Town
Monchique
Parish
Monchique
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
2008
Renovation Year
2024
Rooms
7
Bedrooms
3
Bathrooms
2
Floors
3
Furnished
Partly
Living Area
200 m²
Usable area
418 m²
Plot Area
2.880 m²
Tarmac, Automatic Entrance Gate
Driveway, Double Garage
Lounge/Dining, Open Plan
Balcony/Terrace
Fully Fitted, Fully Equipped
Pantry, Utility Room, Storage, Attic
1 Family Bathroom, 1 En-Suite, 1 WC
Pre-installed Central Heating system, AC, Log/wood burner
Solar (Water), Fibre Optic Internet, Cable/Satellite TV
Mains electric, Mains water, Septic tanks, Cistern, well, Gas Bottle
Double glazing, Manual Shutters/Blinds
Natural
Mountain View, Countryside View, Distant Sea View
• Fixed Price promotion until 31st March 2025
• Living area 200.4m², Construction area 418.3m²
• Year of construction 2008, Renovation 2024
• Plot 2880m²
• 3 bedrooms, 2 bathrooms, 1 WC
• Converted first floor – ideal extra living space or guest accommodation
• 25km to South coast beaches
• Gorgeous views over lush countryside all the way to the south-coast

Large, cosy 3-bedroom villa between Caldas de Monchique and Monchique with panoramic views of the lush hills to the sea. The villa, in an elevated position, has a huge double garage (fitting 4 cars), and a plot with fenced off area ideal for a garden and/or a swimming pool (subject to planning approval). The interior has high quality finishes and rustic touches giving it a special character, such as the magnificent living room wood beamed ceiling (with recessed lights). State of the art kitchen with modern appliances which include a 5-burner hob and oven. The attic is ready to be converted into an extra two-bedroom accommodation or office space.

Lower level/Basement
• Double Garage with direct access to the house
• Additional areas which could be used as accommodation or storage

Ground Floor
• Spacious terrace
• Living area with south-facing views across countryside and the coast
• Small staircase to dining area
• Kitchen with separate entrance and large pantry/laundry room
• Two bedrooms
• One guest bathroom
• Master bedroom with dressing room and en-suite bathroom
• Separate Guest WC
• Staircase to garage/basement and first floor

First floor
• Attic has been prepared for future use as a 2-bedroom apartment with open plan kitchen and bathroom

External
• Automatic entrance gate and gate to land
• Almost completely fenced plot natural and some forest

Amenities

• Double glazing windows
• Mains electricity and water
• Fibre optic internet available
• Central Heating pre-installed throughout the house
• Log burner and open fireplace
• Air conditioning
• Shutters
• Mains electric and water
• Solar water heating
• Septic tank
• Double garage

Location

• 5km to Monchique with all amenities
• 23km to golf course
• 25km to large town of Portimão
• 28km to Praia de Rocha (beach)
• 85km to Faro airport
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