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Stunning Villa with guest cottages / Business Moncarapacho

€ 890,000 £ 785,554 $ 1,061,282

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This is an absolutely amazing opportunity for somebody wishing to take over an already established business running with great success in the Eastern Algarve.
Currently the property is setup as follows;

Owners Accommodation
One bedroom, kitchen, bathroom, covered gym area, outside terrace with Jacuzzi. This part of the property is completely private from the rest of the property with its own entrance.

5 guest suites each with luxurious private terraces plus bathrooms.

1 guest Apartment featuring its own living area and kitchen.

The Outside space is something very special indeed, and features a 10 x 5m swimming pool with opulent seating area, covered games area, extremely large BBQ and dining area, Orchard, Petanque court, childrens play area, and cafe bar for serving food and beverages.
There is also an inside dining area, and professional kitchen and store room. The guest suites have been completed to a high standard and each feature air conditioning. They still retain authentic charm as the Property was built in the early 1900s, but with all modern conveniences. All rental licenses are in place, and the sale of this property will include furniture and well established existing bookings. This is a wonderful opportunity for somebody wishing to buy an existing successful business in the Algarve, in a wonderfully central yet peaceful location.

Surrounding Area

Moncarapacho

Moncarapacho is a small town in the Eastern Algarve, which has retained its traditional Portuguese charm. The town offers all of the basic facilities including 3 supermarkets, a small local produce market, and plenty of restaurants and cafes to keep you entertained. The town is centered around a beautiful cobbled square and church.
It is an ideal base to explore the rest of the Eastern Algarve and beyond.

Key information

Reference: PP2936

Villa

Moncarapacho, Eastern Algarve

8 bedrooms

7 bathrooms

Private ownership

Built in: n/a

587m2 build size

€ 1,516 £ 1,338 $ 1,807 / m2 build

11,040m2 plot size

€ 81 £ 71 $ 96 / m2 plot

Features

  • Pool
  • Air conditioning
  • Garden
  • Furnished
  • Parking
  • Reception room
  • Terrace/Balcony
  • Covered dining area
  • Kids play area
  • Gym
  • BBQ
  • Laundry room
  • Storage room
  • Spacious

The location: Moncarapacho

Moncarapacho is a small town in the Eastern Algarve, which has retained its traditional Portuguese charm.

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Send your enquiry through now.

Yours sincerely,
Andreia Leite

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Ask the Expert: Currency Exchange

Sarah Monaghan is a foreign currency exchange specialist working for Smart Currency Exchange in Portugal. If you have a question relating to foreign currency exchange, complete the form below and Sarah will get back to you.

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Francisco Salgueiro is a property law expert working for Edge International Lawyers in Portugal. If you have a question relating to Portuguese property law, complete the form below and Francisco will get back to you.

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