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Why is this spacious one-bedroom townhouse a great investment near the coast?

Townhouse in Monchique

ref. LG2129
350.000€ 320.000€
  • F
  • 1
  • 1
  • 100m2
  • 100m2

This spacious one-bedroom townhouse is an exceptional investment opportunity, strategically located near the coast in a charming hamlet close to Monchique. Offered at €320,000, this modern, fully renovated property features a bright living area with high ceilings and ample natural light, making it both welcoming and airy. The open-plan design connects the living area to a fully fitted kitchen, creating a pleasant space for entertaining or relaxing. The addition of electric underfloor heating and a wood burner also makes it highly comfortable, enhancing its appeal for potential renters or guests. Just 25 km from the south coast’s beautiful beaches, this property is perfect for buyers looking for a rental investment or a holiday home. The charming courtyard provides a private outdoor space perfect for enjoying the Algarve sunshine. It offers not only aesthetic value but also practicality with potential rental yields. Don’t miss the chance to invest in this fantastic property—contact us to arrange a viewing and secure this investment!

Usage
Residential
Type
Townhouse
Town
Monchique
Parish
Monchique
Municipality
Monchique, Faro
Region
Algarve (West)
Construction Year
1951
Renovation Year
2024
Rooms
4
Bedrooms
1
Bathrooms
1
Floors
1
Living Area
100 m²
Usable area
100 m²
Plot Area
100 m²
Tarmac, Easy Access
Parking outdoors
Lounge/Dining
Patio
Open Plan
1 Bathroom, WC
Under floor heating, Salamandra
Internet/Phone, Solar (Water)
Mains electric, Mains water, Mains drainage
Double glazing
Courtyard
Village view
• Living area 100.30m²
• Year of construction pre 1951 Renovation completed Summer 2024
• Spacious open-plan kitchen and living area
• 1 bedroom, 1 bathroom, 1 WC
• Prepared for mezzanine floor
• Courtyard accessed from interior and exterior
• 25km to south coast beaches and 30km to west coast

This pre 1951 Portuguese village house has already undergone significant renovation. The property is bright, airy and spacious with extra high ceilings of chestnut wood and many Velux windows allowing light to pour in. The exterior wall is very thick, and the interior walls are built from insulating thermal bricks with ventilation points and finished with breathable lime plaster. The roof is insulated using local cork along with a waterproof layer. This will make the property very
energy efficient.

The kitchen area is fully fitted. The bathroom has a shower and toilet and there is a guest toilet.

Sockets have been placed high in the wall ready for a mezzanine floor which could be a second bedroom, storage space or office.

The charming courtyard gives extra light and a private outdoor space.
Everything has been thought out to make a very comfortable and pleasant home.

Ground floor
• Spacious open plan living room with kitchen area
• Bathroom
• Guest WC
• Large bedroom
• Courtyard

Amenities

• Internet connections and internet available in the area
• Electric underfloor heating throughout
• Wood burner
• Solar and tank on roof for hot water
• Double glazing in kitchen and courtyard door

Location

The hamlet has a cafe/mini market and a public swimming pool.
8km to Monchique with all amenities including indoor + outdoor municipal pools, fresh market etc.
9Km to Marmelete with restaurants, mini market, and school
25km to south coast beaches and large town of Portimão
23km to golf course
84km to Faro airport

Other Info

Note: The energy certificate rating was done before the renovation therefore does not reflect the new energy efficiency.
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