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5 Bed Villa for sale

£676,078 *

 [€795,000]

Property Details

  • Bedrooms: 5
  • Bathrooms: 4
  • Plot size: 488 m2
  • Habitable space: 121 m2

Features

  • Close to the beach
  • Garden
  • Terrace
  • Energy Certificate: B-

Full Description

These 2 two houses are located on one plot of land of 488 m2 in Madalena do Mar.

A fusion between an original restored mansion and a newly built annex-house with beautiful ocean views and entrance from the garden directly on to the promenade leading to a nearby coffee-bar and a rocky, partly sandy beach (No noise or traffic).

The older restored house has on garden level two T-1 apartments of about 50 m2 each. They have individual private entrance, equipped kitchen, living space, bedroom, bathroom toilet and terrace or part of the garden.
On the first floor is a T-2 apartment of 60 m2 also with living room, kitchen, bathroom toilet, two bedrooms and alongside terraces.
This apartment can be reached by two external staircases from the garden up to its terraces with absolute stunning sea views to enjoy all day.
All together the older restored house has thus 160 m2 living space divided into three apartments.

The newly built annex-house has a T-1 apartment of 60 m2 on the top with all amenities and alongside terraces.
In the basement (garden level) is a large open space with its own kitchen, bathroom toilet and terrace that can easily be transformed into two separate T-1 apartments studios of each 50 m2 since all appliances connections like water, plumbing and electricity are already in place.

Which makes a total of 320 m2 living space divided into the two houses.


From the back of the property (with a garden entrance) up to the front gate leading to the promenade , one can relax and enjoy the sea views sitting between banana, mango and lemon tree and the beautiful flowers on this part of the Island which has the best temperatures all year on this Island.

You can decide to live here, and or rent out at the same time 3, 4 or 5 other apartments as both properties are fully licensed for rental and are currently very profitable.
- REF: 006784

This property listing (ref: 006784) is an advertisement supplied by Pink Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.8504 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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