Premium New development

7 Bed Villa for sale

Alte, Algarve, Portugal

£493,899 *  [€595,000]

7 Bed Villa for sale

Alte, Algarve, Portugal

£493,899 *  [€595,000]

Property Details


  • Bedrooms: 7
  • Bathrooms: 7
  • Plot size: 780 m2

Features


  • Swimming pool
  • Terrace
  • Energy Certificate: D

Full Description


Once known to be the heart of the local community, this rural property enjoys a peaceful position within a former agricultural hamlet in the beautiful rural inland of the Algarve. Its countryside location is well connected to the motorways and highways of the region, swiftly transporting you and your guests to the coast, golf, marinas, shopping malls, and plentiful nightlife within 2030 minutes. Faro airport is within 40 minutes, and Lisbon can be reached in under 2.5 hours.

The property itself has an interesting history; in the 60's it was home to a cinema club where the people from the village came to watch films, dance, and enjoy a drink.

Now fully and meticulously restored and renovated, the property consists of a main house with three bedrooms, of which two are ensuite. The large house also has plenty of storage, a shower room, a laundry room, and a stunning open-plan living area with an integrated industrial-style kitchen. Very much the heart of the residence, this stunning area enjoys dual-height beamed ceilings and a wood burner. Double-glazed patio doors open onto the patio.

This patio has a plunge pool, an outdoor BBQ area, several terraces, and stunning views across the surrounding countryside. It also serves to connect each of the four self-contained one-bedroom units adjoining the main house. Named after their original, historic usage, these units have been restored to offer additional multi-generational family accommodation or as a potential lucrative rural tourism business, subject to local licencing arrangements.

While each of the units is unique, they all include a kitchenette, a shower room, and plenty of space for a king-size bed or twin beds. Original features have been restored where possible, including knurled timber beams and exposed stone walls.

This fascinating property will be an inspiration to buyers looking to develop a lucrative B&B-style business in the inland Algarve, an area growing in popularity among international visitors. Alternatively, the development may be of interest to a large, multigenerational family requiring space for living, working from home, etc.
- REF: CN10213
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This property listing (ref: CN10213) is an advertisement supplied by Cerro Novo and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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