Investing in this renovated 6 bedroom Quinta with multiple accommodations in central Algarve is a wise decision for anyone seeking value and versatility. Priced at €595,000, this property comes with a fully renovated main house and 4 independent annexes, making it a lucrative option for holiday rentals or family use. Located only 3.5 km from Alte and 8.3 km from Paderne, the property is perfectly positioned to attract both tourists and locals. The lush exterior includes views of the beautiful Algarve countryside, inviting guests to relax and enjoy their surroundings. The potential return on investment is significant, given the growing popularity of the Algarve as a holiday destination, particularly for its outdoor and culinary options. Each accommodation is designed for independent living, enhancing privacy for guests. This unique opportunity allows for a mix of personal retreat and a small hospitality business. Don’t hesitate; contact us today to discuss how this investment can work for you!
• 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.
