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Exceptional Investment Opportunity, Villa + Boutique Bed & Breakfast In Caldas de Monchique For Sale

Monchique, Faro, Portugal
Asking Price:
€550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Under €100K
Cash Flow:
Under €50K

A small paradise in the most important tourist region.
The Algarve is due to cultural factors and good weather conditions a fast growing tourist destination in Europe !
This romantic Villa with sea view has 4 bedrooms and 4 bathrooms is situated in an unique building from 1920 which was renovated to offer 2 cosy bedrooms on the top floor with private bathroom and romantic balcony.
On the first floor the third bedroom with private bathroom, dining room and kitchen area.
Downstairs a separate open studio with (water) floor heating : bedroom, bathroom with shower/bathtub+sink, toilet & sink, kitchenette.

Total area 620 sq.m.
Building area 210 sq.m.
(Extra bargain option to buy 600 sq.m. land is not included)

It is located in Caldas de Monchique, near from the thermal baths and 77 km of Faro Airport.
Caldas de Monchique is a Thermal SPA town in the Monchique mountains. It has been famous since Roman times for it hot springs, which have healing properties. It was also used as a seasonal retreat for Portuguese royalty.
A 2 minutes walk brings you to the center of this beautiful town with a nice bar and restaurant. During summertime you can enjoy activities such as open air concerts with jazz or Fado music ...
The nearest beach of Portimao is 25 km and the surf beaches of the West Coast about 35 km.

This Villa is amazing where you can enjoy the microclimate of Caldas de Monchique 250 meters above sea level, it’s cultural heritage, splendid food and nature.
A true ready to go Bed & Breakfast included the name, furniture, with Exceptional rates of 9.6 on Booking.com and 5* on TripAdvisor.
This property has been renovated to high standards. For example, kambala wooden windows, Daikin heat-pump 14kW,...
All rooms have radiators. The roof and windows are very well insulated.

ONCE-IN-A-LIFE-TIME to own this romantic property
PRICED TO SELL : 550.000 € (all included)

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Studio downstairs

Location:

Rua da Caldas de Monchique
Monchique
Faro Algarve Portugal

Premises Details:

Spa termal Village

Size in square feet:
210 sq.m
Planning Consent:

Total area 620 sq.m

Business Operation

Expansion Potential:

Extra bargain option to buy 600 sq.m building land to built a extra villa or and swimming pool

Competition / Market:

Nothing as it is exclusive as a Boutique Bed & Breakfast with 9.6 on Booking.com as exceptional

Reasons for selling:

Retirement moving abroad

Trading hours:

24/7

Employees:
0
Years established:
2

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
€25,000 - included in the asking price
Inventory / Stock value:
€5,000 - included in the asking price
Home based:
This business can be run from home.

Contact Seller

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