A great opportunity in a great location on the hillside of Vale Formoso. This property offers a unique investment for those looking for any number of options. As it sits presently the property has two separate apartments, one on each floor. Each has a lounge, dinning area, kitchen 2 bedrooms and 2 bathrooms, plus a storage room. These are both in very good condition, with air conditioning and with the south facing aspect the living areas have excellent natural light and wonderful views stretching over Vale Formoso to the coast. This configuration offers a great potential for rental B & B income type investments.

Alternatively the property could be redesigned as a single 4 bedroom villa, this would require primarily an internal stair case and removal of one of the kitchens, along with some other tweaks with the bedroom layouts. Ultimately this would greatly enhance the value of the property with views like this, and in a such prime location this option would appeal to investors, or someone with experience in refurbishment looking to get a lot more property for their money, and unafraid of some renovations.

The plot sits at over 2,000m2 with the majority on the south facing side of the property, meaning excellent sun exposure. Presently there is a paved area, with a covered BBQ area to the side and a raise pool. Beyond this the plot is used for vegetables and fruit tree's. Again this could be landscaped depending on the new owners wishes. There is also a further garden area to the rear of the property.

Great potential and in a location that is highly desirable, this property offers an fantastic opportunity. For similar options or some ideas on what this property could be worth in either rental income, or as a renovated villa give us a call. - REF: VIL_1940