Algarve Villa And Guest Cottage Holiday Rental Business For Sale

Business description

This villa is a fully licensed by the local authority for holiday letting. The main house has 5 bedrooms, 2 bathrooms, 1 cloakroom,fully fitted modern kitchen, dining room and lounge.All rooms have piped gas heaters for winter use and a wood burner in the lounge.Satellite dishes are fitted as well as a terrestrial aerial for local tv programmes.A garage houses washing facilities, there is also a separate carport and locked storage area (wine cellar) ajacent to the garage. The main drive will easil accommodate 4 further cars plus parking at the bottom of the drive which is on the lane leading to the villa.
The gardens of the main house are easily maintained and landscaped in a typical algarvian style. The rear walled garden contains a 10x5 salt water pool and is completely private. there are seating, dining and BBQ areas around the pool.
The cottage has a completely separate entrance and is sited at the bottom of the garden. It has one bedroom with en suite shower room,lounge and kitchenette with tv facility and wood burning fire.
Both houses have the advantage of breathtaking sea views accross the valley to Faro.

Property information

Real Estate:

Real Property Included

Living accommodation:

The whole of the property is completely flexible and any owner could configure the accommodation to suit themselves, eg. live in the house, rent the cottage. Live in the cottage, provide B&B in the house or convert the upstairs room for living accommodation and rent the cottage and main house

Location:

The villa is on the eastern Algarve, in the beautiful setting of Fonte de Murta, a much sought after area. Just a 20 minute drive north of Faro airport and a few minutes drive from the small, but thriving town of Sao Bras de Alportel.

Business Operation

Expansion potential:

The garage and wine store could easily be converted into further rooms or another studio apartment. One of the bedrooms is up a small flight of stairs (all other accommodation is on the ground floor) this also could easily be put en suite and turned into a studio flatlet.

Competition / Market:

There are villa owners who let their properties within the area, but most are unlicensed and none offer B&B

Reasons for selling:

Retirement due to health reasons

Trading hours:

N/A

Employees:

0

Years established:

1st full year of renting

Other information

Support & training:

N/A

Home based:

This business can be run from home.