Villa for sale in 8550 Monchique, Portugal

£590,336 (€690,000)
Interested in this property? Call +44 330 038 9337 * or Request Details

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Villa for sale

Property features

  • Water/Mains water: Yes
  • Sewage/Mains sewage: Yes
  • Electricity/Mains electricity: Yes
  • Fireplace/ open fireplace: Wood
  • Windows/Single glazed windows: Yes
  • Windows/Material: Wood
  • Windows/Type: Normal
  • Doors/Material: Wood
  • Doors/Type: Normal
  • Garage/Above ground parking spaces : 3
  • Garage/Closed private garage (cars): 2
  • Inside leisure/Terrace: Yes
  • Outside leisure/Garden: Yes
  • Orientation/South: Yes
  • Driving distances in minutes/Town: 1
  • Driving distances in minutes/Beach: 20
  • Driving distances in minutes/Golf: 15
  • Driving distances in minutes/Restaurants & bars: 1
  • Driving distances in minutes/Shops: 2
  • Driving distances in minutes/Airport: 50

Property description

This three-storey building with a large exterior space is located right in the center of Monchique. The building dates from the beginning of XX century with a solid construction and very large rooms, high ceilings, and high windows. The second level is accessed from the back road and is used as an office and living area. The garden is accessible from the first and second floors and it is bordered with a stone wall which extends for almost 100 metres along the main street of the town and has an elevation of 3m from the street. As the entire land can be developed, a project can be designed for additional construction, further enhancing this architectural and cultural heritage of Monchique. The garage, which is on the ground floor of the building, has high ceilings which could also be suitable for a commercial space in addition to an existing commercial establishment belonging to this building, both accessed from the main street. On the first floor, numerous rooms could be used as offices or bedrooms, a hall, a large meeting room, a kitchen, and a bathroom.The property is perfect for both commercial and residential use. The excellent location is suitable for both tourism and office space. The building is excellent for hotel or touristic apartment rentals. This building is a rare find, and a landmark of the village, offering excellent potential for a unique project.

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
Exclusive Algarve Villas, on +44 330 038 9337 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Exclusive Algarve Villas, and do not constitute property particulars. Please contact Exclusive Algarve Villas for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.