Algarve, Vila do Bispo, Portugal

A unique property spanning nearly 1.7 hectares, located in Budens, in a strategic location along the EN125 national highway in the Algarve.

This small estate features a residential component, spacious outdoor areas, and a 403 m² commercial building, offering a rare combination of space, privacy, and versatility. The property consists of an urban lot measuring 6,520 m², on which the house and commercial building are situated, complemented by two rural plots measuring 2,390 m² and 7,520 m², respectively.

The single-story house features a functional layout and a welcoming atmosphere, with two bedrooms, a living room, a kitchen, and a bathroom. Outside, there is a pleasant recreational area with a pool, a fountain, and gardens, creating a secluded and peaceful setting. The property also features a water well, which is a valuable asset for maintaining the green spaces, irrigating the land, and filling the pool. Adjacent to the road is the 403 m² commercial building, currently set up for dining and hosting events. The space features a fully equipped professional kitchen, spacious rooms, and capacity for approximately 250 people.

Given its size, location, and layout, the property offers significant potential for various projects, including rural tourism or vacation rentals, an event venue, a boutique farm, a clinic or wellness center, a senior living facility, offices, corporate headquarters, a showroom, a studio, or a creative space, among other uses?subject to obtaining the necessary permits and authorizations.

The spacious outdoor area and parking lot provide excellent conditions for tourism, commercial, or business activities, while the rural land adds scale, privacy, and potential for future development.

Set in a privileged natural setting, near the Southwest Alentejo and Vicentine Coast Natural Park, the property benefits from its proximity to Vila do Bispo?about 5 minutes away? Lagos?approximately 10 minutes away?and Faro International Airport?about 1 hour away.

A versatile property that combines residential space, commercial space, and ample outdoor areas, with strong potential for transformation?ideal for those seeking to live, invest, or develop a tourism, business, or hospitality project in one of the Algarve?s most authentic and sought-after areas.

Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina.

LIc AMI 9063