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4 Bed Commercial for sale

Monchique, Algarve, Portugal

£474,465 *  [€550,000]

4 Bed Commercial for sale

Monchique, Algarve, Portugal

£474,465 *  [€550,000]

Property Details


  • Bedrooms: 4
  • Bathrooms: 4
  • Plot size: 620 m2
  • Habitable space: 210 m2

Features


  • Central heating
  • Heated floor
  • Furnished
  • Energy Certificate: C

Full Description


This truly unique property is currently being run as a fully licensed Bed & Breakfast with 3 beautifully styled rooms in the main part of the house on 2 floors and with private owners accommodation on the ground level. It would equally make a lovely family home.

The property built in 1900 is full of charm and character and has been lovingly restored by the owner with no expense spared and with great attention to detail. Many of the original features remain and have indeed been highlighted and in turn combined with modern comforts such as central & underfloor heating, superior hard wood windows, ornate ironwork with bespoke design, and vintage bathroom fittings in order to create a delightful and very comfortable home business.

Situated in an elevated position overlooking a small hamlet that has been famous since Roman times for its waters, which supposedly have healing properties and renowned for its landscape and architecture, this picturesque location was also used as a seasonal retreat for Portuguese royalty and the property itself has an aristocratic heritage. This particular zone has recently gained more recognition due to a more than 10m euro investment to upgrade the existing thermal spa. This will no doubt raise the profile of this already popular area particularly for health tourism.

There are several fantastic restaurants in the vicinity, and the surrounding countryside is a nature lovers paradise with hiking, mountain biking and other leisure pursuits well catered for. The sandy beaches of the south coast are approximately 25kms away by car and the drive is effortless with such wonderful scenery. The wilder west coast with its famous surfing beaches is around 35kms, whilst Faro International Airport is less than an hour and mostly highway.

There are plans already underway to extend the existing building which will create additional accommodation as well as a dedicated breakfast room and outside kitchen. The enchanting multi-levelled garden is an ideal place to relax in the sun or, swing in a hammock in the shade. Intriguingly it is rumoured to have a thermal spring of its own on the premises hidden somewhere within the grounds.

This is an inspirational and individual property sold fully furnished- viewing is highly recommended.
- REF: M/05477

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