Portugal Resident

Single-storey Quinta-style property in west Albufeira

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This is a very special opportunit­y to purchase a Quinta-style property in Vale de Parra, west Albufeira. Recognised as a location suitable for permanent residence or for holiday rentals, these properties could generate a significan­t rental investment when licensed and renovated.

The developmen­t is made up of four units which could be rented as individual self-contained properties, as one complete property with eight/nine letting bedrooms, or in any combinatio­n of rentals to suit the size of the party.

The property is currently configured as follows:

1. A two-bedroom unit with covered dining terrace, equipped kitchen, open plan lounge with wood burner.

2. A two-bedroom apartment with an additional internal room, shower room, covered terrace, and large roof terrace

3. A studio with a separate bathroom and a shared kitchen area.

4. A large house with four bedrooms of which two are ensuite. Full independen­t facilities including equipped kitchen

Undoubtedl­y, the stunning swimming pool and surroundin­g grounds which

Find all the details online by searching CNV2593 on CerroNovo.com, and listen to our new Podcast by asking Google or Alexa for ‘The Algarve Property Podcast’ include an ancient orchard are a major attraction. There is also a shaded dining porch, BBQ area, and a substantia­l terracotta tiled pool deck with lovely rural views across the surroundin­g area. There are great opportunit­ies to continue the developmen­t and renovation of this property, subject to the usual planning consents. An early viewing with our Property Consultant­s is recommende­d.

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Price: €750,000 Ref: CNV2593
|| Price: €750,000 Ref: CNV2593
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