Investment opportunity near the Faro beach

€570,000

8 Rooms
6 Bedrooms
3 Bathrooms
262 m² Total surface
817 m² Plot surface

Description

This expansive 5-bedroom villa with an independent annex presents a fantastic investment opportunity, strategically located between Faro Beach and the airport. Combining convenience with high rental income potential, this property is perfect for use as a family residence or for tourism-focused ventures. Property Overview Generous Plot: Set on an 817 m² plot with a 262 m² total construction area, this villa offers ample space to enjoy the Algarve’s climate and lifestyle. Ground Floor: Features a spacious living room, dining area, a functional kitchen with an additional breakfast nook, two well-sized bedrooms, and a full bathroom. First Floor: Includes three additional bedrooms, one of which is a master suite with a private bathroom, plus another full bathroom. Sunlit terraces provide an ideal space to relax or enjoy the local views year-round. Independent Annex: Equipped with a kitchen, combined bedroom/living area, and bathroom, the annex offers versatility for guest accommodation or holiday rentals, ensuring a reliable source of additional income. Additional Features Garage for Two Cars: Includes extra parking for added convenience. Prime Location: Close to local attractions, including stunning beaches, authentic restaurants, and essential services, offering easy access to the best the Algarve has to offer. Strategic Positioning: Situated between Faro Beach and the airport, this location is ideal for those seeking comfort and practicality. A Unique Opportunity for Investment and Lifestyle. Contact Engel & Völkers Faro-Tavira for more information or to schedule a private viewing. Don’t miss the chance to transform this exceptional property into your next home or investment in the Algarve.

Features

BalconyBuilt-in kitchenGarageGardenSea/Lake viewTerraceWaterfrontBuilt in wardrobeGreen viewOpen view

Engel & Völkers Faro-Tavira

+351 938 533 413

Your advisor: Orsolya Mercz

Property ID: W-02XJJF

Location: Faro, Faro District

Montenegro, Faro: A Prime Location for Living and Investment Montenegro, one of the most sought-after residential areas in Faro, stands out for its strategic location and proximity to some of the Algarve's best attractions and services. This area offers the perfect balance of tranquility, accessibility, and convenience, making it ideal for both permanent residence and real estate investment. Location and Accessibility Montenegro is just minutes away from the Faro International Airport, providing seamless transport options for residents and tourists alike. Its quick access to the A22 motorway (Via do Infante) ensures efficient connectivity to all regions of the Algarve and beyond. Proximity to Nature and Beaches One of Montenegro's standout features is its proximity to the breathtaking Ria Formosa Natural Park, one of Portugal’s 7 Natural Wonders. This unique ecosystem offers activities such as walking trails, birdwatching, and boat tours through its lagoons and channels. The Faro beaches, only a few minutes away, boast long stretches of golden sand lapped by crystal-clear waters, perfect for relaxing, swimming, or enjoying water sports. Additionally, the prestigious Quinta do Lago resort and its exclusive beaches are just a short drive away, adding premium value to the area. Services and Amenities Montenegro offers a wide range of essential and convenient services, including: -Supermarkets, pharmacies, and schools for daily needs; -Restaurants featuring traditional Algarve cuisine, where you can savor authentic dishes such as fresh fish and seafood; -Close proximity to private healthcare services, such as the Clínica Particular do Algarve in Gambelas, located just 5 minutes away. Montenegro provides an unmatched lifestyle, combining a peaceful residential environment with easy access to the Algarve’s top attractions. Its proximity to nature, Portugal’s finest beaches, and top-tier leisure and healthcare services makes this area one of the most desirable places to live or invest.

Commission details

The Amounts related to outstanding fees of any kind, as well as registration costs for leases, must be paid by the owner. The mediator commission must be paid by the owner, as stipulated by the Portuguese law. Property availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot guarantee that it is accurate or complete at any time, therefore it cannot be relied to us any responsibility regarding that. This offer is subject to errors, omissions, price changes or withdrawal without notice, and it cannot be relied to us any responsibility for that.