€160,000

Villa for sale Monchique
Property photo number 1 of 16 Photos for Property. File 95718382_2375_c728f61fb696e844bcfcc595d1a44a02.jpeg

Overview

SUMMARY: Discover an opportunity with this Monchique villa for sale and available for €160,000. This could be your next ideal home or a smart investment. More details await.

Address: Rua do Viador, numbers 69 and 71, Monchique Town Centre. Price: 160,000 Usable Area: 84 m² Energy Performance Certificate (EPC): F If you are looking for an investment with traditional Algarve charm and exceptional appreciation potential in Monchique,

this is your opportunity! This 84 m² house is strategically located on Rua do Viador, offering privileged mountain views from its façade, which faces Northeast. The Current Property: Ready to Use and Full of Character The house is distributed across two living areas on the ground/first floor: Living Areas and Bedrooms: The property offers 2 bedrooms. One is partially renovated, featuring a solid wood bunk bed solution, and ready for immediate use. The second bedroom, with a more rustic feel (currently housing vinyl record shelving), offers a solid base for renovation according to your taste. Comfort and Ambiance: The living/dining room is a welcoming space, warmed by the charm of a wood-burning stove set against an exposed brick wall. Windows with solid wood sills frame the landscape beautifully. Service Areas: Includes a small functional kitchen and a full bathroom (with a bathtub, toilet, and bidet). THE BIG ASSET: The Attic and Expansion The true value lies in the Attic (Sótão), which spans the entire footprint of the house (approx. 84 m² projected total area). Half of this space is already partially optimized. High Potential: The roof structure allows for raising the roofline, enabling the creation of an entirely new habitable floor. This is a project with huge scope to build an additional 2 or 3 bedrooms and bathrooms, transforming this property into a larger residence or an excellent source of short/long-term rental income. Why Invest Here? Location: Central Monchique, sunny location with mountain views. Growth Potential: Space to double the living area through attic renovation and potential roof elevation. Flexibility: You can move in immediately and renovate in phases, starting with the more rustic areas. Don't miss the opportunity to acquire a property with so much soul and so much future in Monchique! For more information or to schedule your viewing, contact your KW Flash Consultant: Pedro Cordeiro Real Estate Consultant Tel: (+351) 919 686 747 E-mail: pedro.cordeiro@kwportugal.pt Website: https:// YOUR PROPERTY IS MY PRIORITY / A SUA PROPRIEDADE É A MINHA PRIORIDADE

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Details

  • Beds: 2
  • Baths: 1
  • Price: €160,000
  • Reference No.: KWPT-023548
  • Area: 60 m2

Amenities

  • Home: Energy Certificate: F

Location

Marketed by:

  • Flash Algarve
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  • +351 289 826 732
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