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Lucrative Renovation Project in the Countryside

In Mexilhoeira Grande, Portimão

algarve property for sale,portugal property,relocate to the algarve,villa in algarve

  • 5
  • 5
  • 220 m2
489.000 €

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Lucrative Renovation Project in the Countryside

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Lucrative Renovation Project in the Countryside

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Lucrative Renovation Project in the Countryside

Description

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Villa for sale in Mexilhoeira Grande

A perfect renovation project available for purchase within the popular town of Portimão. A great investment for both long-term and short-term lets, a vacation home or somewhere for the whole family to relocate.


Offering huge potential to either restore back to its original condition, or completely transform into something unique with your own tastes and ideas. Situated within the peaceful countryside, this property is currently comprised of five bedrooms, five bathrooms, a kitchen, a living/dining room with fireplace and a terrace to enjoy wonderful Algarve country and mountain views.


With the correct permissions, you could create, or restore, a stunning property that,when completed, would fit nicely into the local rental market. This income, coupled with the capital appreciation would make for a lucrative investment.


Portimão is a large city within Western Algarve, and was traditionally a centre for sardine fishing and processing. Today, most of that industry has been replaced by tourism, leisure, and retail, leaving Portimão as a large and residential city. Most tourists visit Portimão either for the extensive shopping or excellent public transport but there is a surprising amount to be seen within the city.

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Property Details

  • Reference IDH30715
  • Type Villa
  • Certification F
  • Bedroom(s) 5
  • Bathroom(s) 5
  • House area 220 m2
  • Land area 1160 m2
  • Zone Mexilhoeira Grande
  • Region Faro
  • Features:
  • Fireplace
  • Storage Room
  • Manual Shutters
  • Pool
  • Garden
  • Mountain View
  • Surrounding View
  • Gated Entrance
  • Built year: 1990
  • Built year: 1990
  • Near Markets
  • Near Medical Facilities
  • Pet Friendly
  • Traditional Architecture
  • Near Golf Course
  • Near Beach
  • Near Shopping
  • Near Schools
  • Terrace
  • Garage
  • Parking Space
  • Private Parking