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Algarve, Loulé, Portugal

£798,279
€945,000
Cerronovo, Albufeira
PROPERTY TYPE

Villa

BEDROOMS

9

BATHROOMS

7

SIZE

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Key features

  • 9 bedrooms
  • Total area: 920 sqm
  • 7 bathrooms
  • Fireplace
  • Construction year: 1937

Description

Individually designed rural B&B with owners accommodation
A great example of a live / work opportunity, nestled in the inland Algarve hills close to Loulé, yet within 20 minutes drive of various beaches, golf courses, two international marinas, and stunning old Algarve villages. There is a minimarket with a café within walking distance and daily little vans pass by selling fresh bread and fish to the locals. 
Completely renovated in a rustic style, the original property was built in the 1930s, but has undergone a full program of refurbishment to reflect every comfort for guests as well as providing a lovely home for owners. There are small garden areas, fruit trees, and a children’s playground within the curtilage of the property.
There are five, uniquely designed and decorated guest bedrooms, each with ensuite facilities. The fifth bedroom consists of two sleeping areas for families or extended groups of friends. There is also a separate one-bedroom apartment, with a south-facing sun terrace overlooking the valley, with its rolling landscape.
At the front of the property is a large sun terrace, again with valley views and where guests can enjoy the peace and quiet of the inland Algarve. On the first floor is also a communal kitchen with a dining area and a wonderful terrace/solarium to have breakfast or simply pass the time, enjoy the sun and the beautiful landscape. 
The property benefits from an owners villa, with two bedrooms, the master being on the top floor on the mezzanine area with ensuite facilities, the second one is currently used as an office, and a stunning open plan living/dining and kitchen area with feature heritage stained glass windows and wood-burning stove. There is also a private sun terrace for the sole use of the owner and their family.
This large and wonderfully presented property has successful trading as a Bed and Breakfast since 2013 and is rated within the top 10% of Algarve properties on Booking.com. It is around half an hour from Faro airport.
We believe this property is a perfect business for a couple or small family who wish to live on-site and will continue to develop the enterprise for the burgeoning rural tourism market.
REF: CNC6358

Algarve, Loulé, Portugal

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Distances are straight line measurements
  • Faro(International)
    13.5 miles
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About the agent

Cerronovo, Albufeira

Rua Samora Barros, C.C. Loja 7, Cerro Grande Albufeira Algarve 8200-178

Cerronovo, Albufeira

Cerro novo is the longest established (1981) officially licensed real estate agency in the coastal City of Albufeira and is exceptionally well experienced in all property matters. We are a team of highly motivated multilingual property professionals offering a personal property-finding service for our buyers and investors. We also provide carefully tailored marketing packages for our vendors with extensive international marketing. Our relocation assistance and after-sales service is second to

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Notes

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This is a property advertisement provided and maintained by Cerronovo, Albufeira (reference 274472_CNC6358) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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