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Algarve, Loulé, Portugal

€895,000
IAD, Porto
PROPERTY TYPE

Detached

BEDROOMS

6

BATHROOMS

6

SIZE

3,714 sq ft

345 sq m

Description

FANTASTIC BUSINESS AND INVESTMENT OPPORTUNITY FOR RENTALS!
Large Bifamiliar villa located between Loule and Boliqueime.
This villa is split over two floors, each with its own private entrance. It also has another 2 bedroom apartment, also with own private entrance to the side of the house.
This provides a possible opportunity to make a rental great income by letting out 3 parts of the house separately or as one large villa.
On the ground floor you have a large open plan lounge/dining room leading out through patio doors to the garden and pool area. On this floor, you also have a large and fully equipped kitchen and 3 good sized en suite bedrooms.
From the lounge and kitchen area you have access to the large swimming pool (14x7), which is currently being renovated with new tiling, a fantastic paved al-fresco dining and BBQ area and access to the garden areas below.
On the first floor, you have the same layout again, a large open plan lounge and dining area, large kitchen with balconies overlooking the pool and 3 en-suite bedrooms.
On the top of the villa you have a huge roof/sun terrace and space for many solar panels for extra efficiency.
Both floors have gas central heating, electric and gas cookers and a new boiler system.
In the basement, there is a huge area which is currently used as a games /storage room, next door to this on the basement level there is another 2 bedroom apartment (previously a garage) for extra accommodation or this could be an ideal studio or gym.

There is a bore hole supplying water to the property and garden; however mains water could be connected if this was required by the new owners.

From the rear of the property you are looking across to the countryside with distant sea views.

This property could make a lovely family home with plenty of space for family and guests or would be a fantastic rental investment.

10 minutes drive to Loule town/Almancil/Vilamoura.
10-15 minutes to Beaches/Marina/Restaurants/Bars.
20 minutes drive to Faro Airport
#ref: 80830

Algarve, Loulé, Portugal

Approximate location

NEAREST AIRPORTS

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

IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

IAD, Porto

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate cons

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Notes

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This is a property advertisement provided and maintained by IAD, Porto (reference 80830) 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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