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4+ Bedroom Villa – Boutique Holiday Resort Potential – Armaçao de Pera, Algarve.

€ 1,200,000 Guide Price

An amazing opportunity to purchase a small estate with the potential to create bed and breakfast, or cottage style holiday accommodation.
Centrally located in the Algarve and close to major tourist attractions. The property was constructed in 1987 and is set on approximately 8,000 square metres with country views, a short drive to the old fishing town of Armaçao de Pera and its golden beaches; and less than 15 minutes to Salgados Golf Course and the wetlands nature reserve.
Comprising of a traditional Portuguese 4 bedroom villa set in the secluded courtyard with a glass tiled wall for privacy and direct access to the swimming pool, shower and jacuzzi. The villa has an outside barbeque kitchen and al fresco dining area. The main villa has 4 bedrooms, 2 bathrooms, intimate lounge areas with imported log burner fires and a modern kitchen; this would make an excellent bed and breakfast venue.

On the other side of the court yard is a spacious bar and lounge. At the top of the cobbled stone driveway is a fabulous summer house used as a family entertainments room, large enough to create a one bedroom self catering apartment, with plumbing for shower room and kitchen facilities. A sunhouse with beamed ceiling and separate access has lovely garden views and could very easily be converted into a studio bedroom with simple kitchenette. A further bonus is a garage of approx 60 sq. metres which has the appearance of a small cottage and would make ideal holiday accommodation.
The beautiful gardens have been landscaped with lawns and terraced gardens, tiled pathways lead down to a vegetable garden. There is a wood store, carport and barbeque. On the other side of the lane is a paddock of approximately 1,200 square metres which could be used for animals, horses or tennis court facilities. This is walled, gated and has some concrete infrastructure.
Should an owner want to create a business venture, there is the potential of renting the main villa and creating a further 3 letting units.
The estate benefits from a borehole and irrigation, solar heated hot water. The water tower has a viewing terrace over the estate to the countryside. The property is walled and has electric gates.
Rates annually are only Euros 975 (2017)

City:
State/County:
Country: United Kingdom
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Property Id : 18700
Price: € 1,200,000 Guide Price
Bedrooms: 4
Bathrooms: 2
Pool
Fitted Kitchen
Wood Burner
Featured Fire Place
En-suite Bathroom
Fully Equiped Kitchen
Roof Terrace
Terrace
Solar Panels
Local Amenities
Countryside views
Garage
Land
Garden
Mains Water
Mains Electric
Bore hole
BBQ
Fenced Boundry
Fitted kitchen

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