€280,000

In the center of the picturesque and charming village of Monchique, lies this emblematic building, full of history, character and Algarvian authenticity. This rare property preserves the essence of traditional Portuguese architecture, combining rustic charm with the comfort and versatility of an excellent real estate investment. Consisting of 3 floors and divided into 2 independent fractions, this building offers an exceptional opportunity for both own housing, tourism or investment with immediate income. On the ground floor is a commercial store with 35 m², currently rented, providing a stable monthly income from day one. The housing component is spread over the two upper floors, with about 84 m², including a balcony. Currently operating as a vacation rental, this property stands out for its excellent tourist reputation, with an impressive score of 9.5 on Booking, reflecting the quality, location and unique experience it offers to visitors. The first floor has two bright bedrooms, with windows facing the main street of the village, and a renovated, modern and elegant bathroom, equipped with shower, harmoniously maintaining the traditional and welcoming style of the building. On the upper floor there is a charming open space area, consisting of living room and equipped kitchen, creating a comfortable, functional and full of personality environment. This floor also has a balcony perfect for enjoying the tranquility of the mountains and the authentic atmosphere of Monchique, as well as a service bathroom. The entire floor of the house is made of wood, reinforcing the cozy and timeless character of this unique property. The location is simply privileged one of the most sought after and emblematic in the village of Monchique. Located near the famous stairs of Rua do Porto Fundo, in the heart of the tourist area, the property allows you to live your day to day life entirely on foot, without the need for a car. In the vicinity you will find typical restaurants, cozy cafes, supermarkets, schools, library, bank, pharmacies, hairdressers, gym, municipal swimming pools, gardens, yoga and pilates studios, transport, health center and all essential amenities, in a safe and quiet area. In addition, you are surrounded by the stunning nature of the Serra de Monchique, close to scenic trails and unique landscapes, where you can breathe the purest air in the Algarve and enjoy a truly exceptional quality of life. This is a rare property with huge potential and an authentic atmosphere that is hard to find in today's market. Ideal for those looking to invest in a property with income, create a charming tourist getaway or simply live in the heart of one of the most beautiful and genuine villages in the Algarve. Come and discover this hidden gem in Monchique and fall in love with its charm, history and incomparable location. Distances 23 km from Portimão 30 km from Alvor 35 km from Lagos 8 km from Fóia 85 km from Faro Airport.