Portugal Real Estate Agent: villas, appartmetns, Real Estate, vacations, property,  real estate PortugalREALESTATE-ALGARVE
ROBAN Realestate Actividades Lda

Ref Nº: 110-VA
Location: Praia da Luz, Faro, Algarve
Description: An investment property with stunning 360º views. Located at the highest point of the ridge above Praia da Luz.
Bedrooms:
1 Bathrooms: 2 Swimming Pool: No
Views: Sea View
Mountain View
Country View
Energy label: E
General: A very unique and different property. This huge villa was built by a couple who lived there permanently. It has great potential for a large family home, commercial enterprise like B&B or turn it into a kind of nursing home. It easily could be transformed into 6-8 separate and independent units.
Areas: Land: 4,160m²
House: 559m²
Construction Year: 1980
Lay Out: The access is a dead end road. On the basement are the service areas with huge garage for 5.6 cars, workshop, gymnasium, wine cellar, machinery room and more storage space. On the first floor a huge L-shaped lounge with open kitchen, maids area and a large entrance hall with decorative wooden staircases to 2nd and 3rd floor and immense roof terrace. Terraces in front of the lounge. On the 2nd floor a large bedroom, large bathroom, office and clothing room. On the third floor another small working area with kitchen and storage and a roof terrace over the whole house.
Extras: An ambitious project for the right person(s). As the property has not been occupied for the last 8 years it does not look too good but the right person will see the potential. A pool could be constructed if required and part of ground floor could be turned into living accommodation. There is also a large pigeon shed.
Price: 595,000 EUR
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