This is an excellent property that has been planned and managed by its owners for the last 15 years, however there is still potential to develop and expand this thriving business.
Situated in a charming village, just 2 km from the popular Santa Barbara de Nexe, the property is only 15 minutes from Faro and its airport, with easy access to the beautiful sandy beaches of the Algarve and many international golf courses.
This very nice villa offers spacious, private accommodation for its owners as well as 4 fully furnished apartments with access to the gardens and swimming pool.
There is yet another house on the property ready for renovation that would increase the rental income.
An ideal investment opportunity for a couple who are looking for a business to manage in their retirement, in a region with the best climate in Europe, thus increasing their retirement and simultaneously meeting new people, or alternatively would be equally suitable for a big family.
Currently being explored as adult-only accommodation, it offers the perfect oasis for tourists wishing to escape for a relaxing and stress-free holiday.
Due to the warm and friendly atmosphere and the environment, guests arrive as strangers and depart as friends, often returning year after year.
Take care of an excellent gardener who keeps the garden in top condition as well as a cleaning service that takes care of the weekly exchanges.
The property consists of,
4 fully furnished apartments, each with 50 m2, with living room, dining room, kitchenette, double bedroom with air conditioning and full bathroom - with private covered terrace
Laundry area for guest use
First Floor: - (currently being used as the owner's residence)
2 reception rooms, dining room, equipped kitchen, laundry, 3 double bedrooms (2 en-suite), master bedroom with large walk in closet and separate full bathroom. Fully air conditioned with wood burner in main living area.
Large terrace with glass sunroom serving the kitchen and master bedroom.
Garden and outdoor:
Large Pool 10 x 5 m, saltwater treatment
Large mature garden (3,900 m2) with complete irrigation system
Walking on the lawnmower
Solar panels (hot water)
Plenty of parking for guests and owners
Fully enclosed property with remote control gate
Large terrace overlooking the sea and storage facilities
Original cottage + - 80m2 complete with new roof tiled and ready for renovation that could boost rental income - or possible accommodation of the manager / owners.
This company has all the necessary legal licenses including 'Alojamento Local' (holiday rental license) and is sold fully furnished and equipped, as well as the clients database.