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Which unique properties with rental income potential are available in Algarve?

House in Mexilhoeira Grande

ref. LE2255
540.000€
  • NA
  • 3
  • 218m2
  • 67.160m2
  • Farm

Discover unique properties with rental income potential like this farmhouse in Mexilhoeira Grande. Priced at €540,000, this property not only includes a working orange grove but also offers the possibility of generating steady revenue. With three well-appointed bedrooms and ample outbuildings for agricultural use, this property is perfect for investors seeking to capitalise on Algarve’s booming rental market. The expansive 6.716-hectare plot features a variety of fruit trees, making it a perfect choice for those looking to create a sustainable farming business. Additionally, the elevated ruin provides breathtaking sea views, which can be a significant selling point for future rentals. Located just 11km from the nearest beach and in close proximity to Portimão, this farmhouse is ideally situated for those wanting both countryside tranquillity and urban convenience. The area's demand for holiday rentals continues to rise, making this property a wise investment. This is an opportunity not to be missed for buyers looking to maximise ROI in Algarve. Get in touch today to learn more about this incredible investment opportunity!

Usage
Residential
Type
House
Town
Mexilhoeira Grande
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
1951
Rooms
6
Bedrooms
3
Floors
1
Living Area
218 m²
Usable area
498 m²
Plot Area
67.160 m²
Country Road, Driveway
Parking outdoors
Lounge/Dining
Terraces
Own Entrance, Rustic
Natural, Walled, Auto irrigation, Fruit Trees
Orchard
Countryside View
• Living area from 218 m²
• Total construction area 498 m²
• Plot area 6.716 hectares
• 3 bedrooms
• Located in Mexilhoeira Grande
• 11km from the coast

This uniquely large farmhouse proudly sits within 6.716 hectares of land, bearing various fruit trees including olive, almonds, various citrus, and of course oranges. This stone farmhouse has 6 rooms and various outbuildings for livestock and agricultural equipment. There is a stream which borders two sides of this vast plot which elevates to a ruin of 102m² with sea views from the very top.
The orange orchard is still supplying revenue for the vendors and the business would make an option for an organic, off grid, lifestyle.

The property consist of:
Ground floor:
• Open living and dining area
• Separate kitchen
• 3 additional rooms

Outside:
• Stone warehouse
• Stone animal building
• Irrigation system
• Fully walled/fenced land

Amenities

• Borehole
• Stream
• Fruit trees

Location

• 11 km from the beach (Alvor)
• 10 km to Portimão
• 4,8 km to nearest golf course (Penina)
• 3,1 km to nearest school
• 74,5 km to Faro Airport
Enquire Now   +