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Algarve, Silves, Portugal

£405,573
€465,000
IAD, Porto
PROPERTY TYPE

House

BEDROOMS

2

BATHROOMS

2

SIZE

1,023 sq ft

95 sq m

Description

Charming Single-Storey Villa in Algoz - Investment Opportunity

This beautiful single-storey house in Algoz is a unique opportunity for those seeking tranquility and quality of life in the heart of the Algarve. With seven distinct rooms, this property offers ample interior space and extensive surrounding land, perfect for those looking for a calm and welcoming environment.

Property Details:
Total Area of 1795sqm, featuring a Main House and a separate independent cottage, totaling 95sqm of construction.
Construction Year prior to 1951, boasting historical character and charm. As it was built before licensing requirements, it offers the freedom for a rehabilitation project to reach its maximum potential.
Fenced Plot with distinct areas, including a pool zone and a jacuzzi in a garden with unobstructed views. Also includes a covered parking area for up to 3 cars.
Sun Exposure: East and West orientation, allowing you to enjoy the sun throughout the day.

This house stands out for its functional design and excellent distribution of spaces, offering a living experience defined by natural light and comfort. Upon entering the residence, the entrance hall features a cozy room equipped with a built-in library unit, creating an elegant reception atmosphere. To the right is the master bedroom, followed by a central hallway leading to the bathroom, which maintains the identity of typical Portuguese style.

Continuing through the house, we find a multipurpose space with glass doors providing access to an indoor garden/conservatory, ideal for an office or reading area, allowing you to enjoy the serenity of the greenery and outdoor light in any season.
The main living area was designed for maximum comfort, featuring a fireplace that makes the atmosphere perfect for family movie nights. The ceiling in this room surprises with an electric skylight, allowing for efficient ventilation and unique natural light. We then arrive at a large open-plan area connecting the dining room to the fully equipped kitchen. This communal space was designed for socializing and practicality, with direct access to the outdoor garden, facilitating movement between the interior and the outdoor leisure areas.

In the same courtyard, the property features an independent annex, representing an excellent opportunity for monetization through rental or for hosting guests with total privacy. This unit consists of:
An open-plan kitchen and dining area.
A comfortable bedroom and a full bathroom.
A versatile additional space that can be used as an extra bedroom or storage room.
This unique configuration allows you to enjoy a high-quality private home while maintaining the possibility of generating extra monthly income on the same plot.

This property presents enormous investment potential, whether to renovate and modernize, to develop a local accommodation (Alojamento Local) business, or to enjoy as a spacious family residence.

Nearby Points of Interest: Algarve Shopping (9km), Krazy World (5km), Galé Beach (14km), and Albufeira (15km).

Do not miss this unique opportunity to own a home with character, space, and potential in the Algarve. Book your visit now and discover your new sanctuary in the south of Portugal.
#ref: 856102

Algarve, Silves, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    29.1 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

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 consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 856102) 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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