Licensed guesthouse and private Villa with 12 bedrooms in Monchique

Commercial in Monchique, Western Algarve
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Quick Summary

Reference:
MIT-C
Region:
Western Algarve
Location:
Monchique
Price:
€1 260 900
Property Type:
Commercial
Built Area:
650 m2
Plot Size:
15000 m2
Bedrooms:
12
Bathrooms:
12
Pool:
Yes
Airport:
75 km
Golf:
20 km
Beach:
25 km

Property Description

Did you always dreamed of running your own guest house in the sunny south of Portugal? Then this property might be perfect for you. At one of the highest elevations of the Algarve, at about 350 m above sea-level sits this well maintained Bed & Breakfast in the middle of a picturesque cork-oak and eucalyptus forest boasting panoramic views across the hills towards the southern Algarve coast and the Atlantic Ocean. This property consists of a guest-house with 9 rooms, an entrance-hall/reception, a laundry room and bar facilities, plus there is a private owner?s villa. The guest-house features 5 double-rooms (1 double-room may serve as a family suite with an adjacent childrens-bedroom), 1 twin-room, 2 single-rooms, 1 self-cater / manager?s apartment. All rooms have en-suite bathrooms. There are 2 balconies and a large panoramic terrace for sunbathing, relaxation and recreation. The private owner?s house consists of a kitchen, dining-room, living-room, office / bedroom, master-bedroom and another additional bedroom. Storage available. Below the private house are the beautiful, lush terraces with trees of orange and lemon, olives, kaki, figs, quinces, bananas, grapes and medronho. This property is framed on the sides by a small river and has its own water supply (borehole). There is also a water-mine on the premises that carries water all year round. The many cork oak trees render a profit every eight years when their bark gets peeled and can be sold at a good price. The picturesque mountain village of Monchique is only about 2 km from the guest-house. It has many little shops, grocery stores and schools and is only some 20km from the southern and about 25km from the western coast of the Algarve. The airport is about 75km from here. The house was built according to German standards in 1989. The licensed guesthouse is sold partially furnished while the private house is sold without furniture. Energy certificate class D.

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