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Algarve, Moncarapacho, Portugal

£2,839,578
€3,395,000
Russell & Decoz, Moncarapacho
PROPERTY TYPE

Villa

BEDROOMS

7

BATHROOMS

5

SIZE

5,640 sq ft

524 sq m

Key features

  • 7 bedrooms
  • Total area: 11000 sqm
  • House area: 524 sqm
  • Swimming Pool
  • Air conditioning
  • 5 bathrooms
  • Sea views
  • Fireplace
  • Construction year: 2016

Description

Two fully licensed houses, 756 m2 built, on 11,680 m2 of protected land within the EU Natura 2000 network, with open views to the sea at Fuseta.

PROTECTED LAND, PROTECTED VIEWS
The Estate sits at the top of the valley in the protected countryside of the eastern Algarve, where new construction is no longer permitted. Its elevated position gives open sea views and natural protection from flooding.
The privacy, quiet and views you enjoy today are protected for the future.

A PROPERTY THAT CANNOT BE REPLICATED
Created from two original ruins, each with its own property registration, the estate's two independent houses, both pools and the AL activity of each house are fully licensed. Within Natura 2000, an estate like this could not be built today.

MAIN HOUSE (about 598 m2, 9,680 m2 of land

Ground floor: four en-suite bedrooms, office, sitting room with wood-burning fireplace, separate TV lounge, large kitchen with family dining, large covered terraces and a roof terrace with sea views.
Lower floor (150 m2 cinema with Sony 4K projection and Dolby Atmos sound, gym with steam shower, wine cellar for about 500 bottles, fitted laundry, and a guest or staff suite with bedroom, bathroom and kitchenette. A dumb waiter serves the wine cellar, cinema, kitchen and roof terrace.

Outside: 10 x 5 m infinity pool with jacuzzi, covered sun deck, broad limestone staircases, landscaped gardens, pétanque court and a two-bay carport.
Beneath the terrace: a 20 m2 machine room and about 95 m2of dry, unfinished space with a high ceiling (not included in the built area), ideal as a speakeasy, games room or workshop.

GUEST HOUSE (about 158 m2, 2,000 m2 urban plot)

Two en-suite bedrooms and open-plan living around a double-sided wood burner, with its own 8 x 4 m pool and a single carport. Planning allows extension to 300 m2 on one storey plus a 50% basement.

BUILT TO LAST, RUN EFFICIENTLY
New 10 kW solar system with battery backup, air source heat pump for underfloor heating, solar thermal hot water and air conditioning. Private 200 m borehole with softening and UV purification, 18,000-litre cistern and a septic tank for each house. Fenced perimeter, alarm, CCTV with remote monitoring, central vacuum and integrated audio.

LIFESTYLE AND INCOME
The main housei is licensed as an AL guesthouse (hospedagem) for 8 rooms, with potential estimated at up to €150,000a year by a professional rental assessment. The guest house holds a standard AL licence and currently earns about €30,000 a year. A family home, a significant income, or both. Buyers with equestrian interests are invited to discuss
the possibilities with the agent.
REF: HOME2522V

Algarve, Moncarapacho, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Russell & Decoz, Moncarapacho

Ave Maria Lizarda Palermo, 43a Olhao Portugal

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Russell & Decoz, Moncarapacho (reference 251132_HOME2522V) 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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