€445,000

Multi Family for sale Monchique
Property photo number 1 of 16 Photos for Property. File 104826850_2375_b39ceb81c8daa8f12817fb3d1d96708c.jpeg

Overview

SUMMARY: Discover an opportunity with this Monchique multi family for sale and available for €445,000. This could be your next ideal home or a smart investment. More details await.

5 Key Property Highlights 1. Fully renovated building comprising two residential units, ready to move into. 2. Ground-floor 1-bedroom + office/guest room (T1+1) apartment and a 3-bedroom duplex (T3 / T1+2) occupying the first and second floors, offering

excellent flexibility for residential use or investment. 3. Prime location in Monchique, in a peaceful area within walking distance of shops, services, and local amenities. 4. Modern, functional interiors with contemporary finishes, well-designed layouts, and excellent natural light throughout. 5. Outstanding investment opportunity, ideal for long-term rentals, holiday accommodation, or multi-family living in one of the most sought-after areas of the Algarve's mountain region. Property Description We are pleased to present this fully renovated building located in the heart of Monchique, where the charm of traditional architecture has been carefully preserved and enhanced with modern comfort and functionality. The renovation has significantly upgraded the property, improving its finishes, layout, and overall living efficiency. The building comprises three residential levels. On the ground floor, there is a welcoming T1+1 apartment, fully renovated and featuring a living room, a modern kitchen, one bedroom, an additional multi-purpose room (+1), and a refurbished bathroom. The first and second floors are occupied by a spacious T3 duplex apartment (T1+2). The first floor includes a comfortable living room, a modern kitchen, one bedroom, and a renovated bathroom. The second floor, created through the conversion of the attic space, offers two en-suite bedrooms, providing generous and functional accommodation that is ideal for families or for generating rental income. Both apartments benefit from excellent natural light, contemporary finishes, pre-installation for air conditioning, and underfloor heating throughout, ensuring year-round comfort. The layouts have been carefully designed to maximise practicality and everyday living. Set in a privileged location close to shops, services, and the stunning landscapes of the Monchique Mountains, this building represents a unique opportunity for anyone seeking a secure investment or a property that combines owner occupation with income potential, in one of the Algarve's most charming and desirable villages.

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Details

  • Beds: 0
  • Baths: 0
  • Price: €445,000
  • Reference No.: KWPT-036280
  • Area: 126 m2

Location

Marketed by:

  • Flash Algarve
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  • Alcantarilha: +351 282 310 700
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