€2,100,000

Located in Loulé.
Price Recently Reduced From 2.500.000 Euros To 2.100.000 Euros. Tucked away in the sought after town of Almancil, being an exceptional villa that masterfully blends high end living with a flourishing hospitality business. Set across an impressive net area of 273m² + 273m², this striking property features six generously sized bedrooms and six beautifully designed bathrooms, all crafted with elegance, comfort, and practicality in mind. Currently operating as a fully established holiday rental business, Casa Chameleon has built a strong reputation over the past two years, achieving 5-star guest reviews and earning a loyal following of returning guests through rental platforms. With its welcoming atmosphere and versatile layout, the villa is a particular favourite among families and groups of friends, praised for its spacious interiors and thoughtfully curated amenities. From a business standpoint, this property is already a proven income generator, forecast to generate 130.000 in 2025, with expected growth to 150.000 by 2026. The villa is sold as a fully managed, turnkey operation, complete with an experienced house manager, a dedicated gardener, and a dependable local network of tradespeople, including electricians, plumbers, and handymen making it ideal for a hands-off investor. Sustainability is seamlessly integrated into the home, with cutting edge solar photovoltaic panels dramatically reducing energy costs and environmental impact. Inside, Mitsubishi air conditioning systems, an electric fireplace, and teak wood flooring ensure maximum year round comfort, while the handcrafted Bali inspired furniture adds a unique sense of style and global sophistication throughout. Each of the bathrooms is finished in luxurious marble and features premium Roca fittings and heated towel rails, creating a spa like retreat in the comfort of your own home. The custom made kitchen is a culinary haven, fitted with AEG induction appliances and designed for both beauty and functionality ideal for entertaining guests or simply enjoying quiet family meals. Outdoors, the meticulously landscaped garden frames a heated saltwater swimming pool with a cover, providing the perfect setting for sun soaked relaxation or al fresco dining. Entertainment is readily available, with LG televisions in every room, ensuring that guests or residents can unwind wherever they are. Parking is never an issue, with space for up to five vehicles across a private garage, double carport, and additional exterior bays. In addition, it also offers flexible use for future owners it's perfect for those wishing to reserve select weeks for personal use while still capitalising on strong seasonal income the rest of the year. Whether you're looking to expand your property portfolio or simply live in understated luxury while your home works for you, it is a truly unique opportunity in the Algarve. This charming property is situated in a prime location, just a 5 minute drive from the prestigious areas of Vale do Lobo and Quinta do Lago. This location provides quick access to stunning beaches, world-class golf courses, and a range of luxury amenities. Moreover, the property is conveniently close to the renowned Nobel International School, making it an ideal choice for families seeking high-quality education for their children. Faro International airport is just 30 minutes away by car. Xtophe Properties, a member of the Chestertons Global Network. With our local knowledge and working in the Portuguese real estate business since 2013, we offer exclusive properties and focus on excellence every day. We work with the utmost dedication in connecting clients with properties that meet their expectations, whether for living, investing or expanding business. We have a professional team of real estate experts who speak several languages, including Portuguese, English, French and Spanish and have the aim of offering the best experience to our clients. Energy Rating: D #ref:X0154