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Why is this semi-detached 6 bedroom Quinta an ideal investment for holiday rentals?

Guesthouse in Alte

ref. VM2183
695.000€ 595.000€
  • D
  • 6
  • 7
  • 332m2
  • 780m2

This semi-detached 6 bedroom Quinta is an ideal investment for holiday rentals due to its unique layout and prime location near Paderne in the Algarve. With a main house featuring 3 bedrooms and multiple independent annexes designed for guest accommodation, this property provides various options for generating rental income. The property's recent renovation in 2023 ensures that it meets modern standards while maintaining its charming traditional flair.

Set in a tranquil 780m² plot, this Quinta boasts stunning panoramic views of the surrounding countryside, attracting holidaymakers looking for a peaceful retreat. The property consists of 3 one-bedroom annexes and a studio, facilitating privacy and comfort for guests, enhancing its appeal as a B&B or guesthouse.

The prime location, just 3.5 km from the picturesque village of Alte and approximately 19.4 km from beautiful beaches, makes it extremely accessible for tourists seeking relaxation in nature and outdoor adventures. This property's versatility, along with its serene environment, establishes it as a sought-after rental option in the Algarve's competitive holiday market.

Key features such as a plunge pool and spacious outdoor areas allow guests to unwind and enjoy their vacation to the fullest. The property is partly furnished, providing convenience for buyers looking to launch a rental business with minimal initial investment. Moreover, the area's popularity for cycling, horse riding, and walking routes enhances attractiveness for potential renters.

Investing in this Quinta presents an exceptional opportunity, combining the benefits of living in a beautiful location with the ability to generate significant rental income. Explore this property today and let us help you unlock the potential of this outstanding investment. Contact us now to schedule a viewing!

Usage
Residential
Type
Guesthouse
Town
Alte
Parish
Alte
Municipality
Loulé, Faro
Region
Algarve (Central)
Construction Year
1935
Renovation Year
2023
Bedrooms
6
Bathrooms
7
Floors
2
Furnished
Partly
Living Area
332 m²
Usable area
332 m²
Plot Area
780 m²
Tarmac
Private Parking
Lounge/Dining
Own Entrance, Open Plan, Kitchen/Dining, Fully Fitted, Modern, Terrace
Storage, Laundry, Mezzanine, 4 Annexes
3 on Ground Floor, En-Suite, Countryside View
Mains electric, Gas Bottle, Cistern, Septic tanks
Double glazing, UVA Protection
Private, Plunge pool
Countryside View, Panoramic View, Wide Open Views
• 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 1:
• Living room/kitchenette
• Bedroom
• Bathroom
• Terrace

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.
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