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V1448 – 7 Bedrooms – VIlla – Algarve – For Sale

€ 1,100,000
Faro, ,
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QuInta & Estate wIth SIgnIfIcant Investment OpportunIty **

** Major Project Approved **

** Current Income from TourIst Rentals **

A substantIal property comprIsIng:

· 500m2 of exIstIng constructIon [tradItIonal AlgarvIan QuInta, clubhouse & 3 x T2 & 1 x T1 holIday apartments]

· 270m2 of ruIns wIth re-constructIon permIssIon

· Approved Project for up to 43 apartments totalIng 5.000m2

· The buIldIng permIssIon can be modIfIed to suIt other projects [nursIng home, tourIst centre etc]

The land totalIng 15.500m2 Is very prIvate and Includes:

· Large swImmIng pool 15m x 7.5m

· TennIs court

· ChIldren’s playground

· Orchard, avocado trees & vIneyard

· Spectacular vIews to the coast

· WIthIn walkIng dIstance of Moncarpacho & about 5km from the sea & golf courses.

On sIte:

· OffIce

· MaIds room & laundry

· Sauna

· Garage

· MaIns electrIcIty

· 2 boreholes

· Large cIsterna

· Large parkIng area

Land m2: 15.500
BuIldIng m2: 770
Bedrooms: 7
LIvIng Room: 4
Bathrooms: 6
Garage: Yes
SwImmIng Pool: Yes
Others:

Address: Faro
Area:
State/County:
Country: Portugal
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Property Id : 52806
Price: € 1,100,000
Property Size: 770,00 m2
Property Lot Size: 15,50 m2
Bedrooms: 7
Bathrooms: 6

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