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House Quarteira (Portugal)by annonceur international
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Backto the list : house for Sale at Quarteira

HouseQuarteira (Portugal)
Price :
$2,227,500
($9,055 / m²)
Surface246 m²bedrooms6 bathrooms6 land1,200 m²

Why this property will seduce you

  • Prime Location: Proximity to renowned beaches and leisure centers.
  • Architectural Flexibility: Diverse family or rental potential.
  • Outdoor Amenities: Pool, barbecues, and manicured gardens.
6 bedroom detached house in Fonte Santa, Quarteira, with 510 m² of gross area and plot of 1200 m², with swimming pool, garage, solar panels and water hole, a few minutes from Vale do Lobo, Vilamoura, and several beaches. The villa stands out for its generous plot and construction areas, rare characteristics on the Algarve coast between Faro and Albufeira. With independent exterior accesses for each level, the property offers high flexibility, presenting the following profitability scenarios: - Spacious 6 bedroom single-family home. - Multifamily Housing: independent use of the ground floor (T4) and lower floor (T2)- Refurbishment and Resale: with an estimated refurbishment investment of 500,000, the estimated market value amounts to 3,000,000 (approximate appreciation margin of 20%). - Long-Term Rental: Estimated monthly rent between 4,500 (current state) and 7,000 (post-remodeling), estimated gross profitability of 3%. - Local Accommodation (AL): Estimated annual gross income between 100,000 (current state) and 140,000 (refurbished), with the option of monetizing only one floor, keeping the other for own housing. The main entrance on the ground floor is through a hall with wardrobe and guest bathroom, ensuring separation between the areas. The social area comprises a 47 m² living room with fireplace, abundant natural light (east-south orientation) and access to the front garden. Kitchen equipped with marble countertop and pantry, connects to a covered terrace with barbecue, offering panoramic views of the pool and green areas. The private area includes 4 bedrooms (one en suite), east/west orientation, three built-in wardrobes and two full bathrooms with natural light. The lower floor houses two south-facing bedrooms with built-in wardrobes, storage, and a full bathroom. The 71 m² garage, in a large space without pillars and with a 3-meter gate, includes a bathroom with shower and interior and exterior access. The floor is connected to a covered terrace and the swimming pool. Access to both floors is facilitated by a ramp and exterior stairs with door, ensuring privacy in two-family use. With a solid structural base, the property has the original finishes of 1992, being perfectly suitable for luxury modernization projects. It has aluminum frames with double glazing, shutters, ceramic floors and wooden carpentry. It is equipped with air conditioning, central heating for radiators and solar panels for sanitary water, complemented by a gas water heater. The property has two lawned gardens with automatic irrigation and a private pool served by shower, engine room, support bathroom and a second barbecue. With mains water supply for the house, borehole for the outside, septic tank, and fiber optics. Located in the Fonte Santa subdivision, the villa is part of the Algarve's Golden Triangle. The area combines low housing density with the absence of tourist noise, surrounded by pine forests. It offers pedestrian or cycling proximity to the beaches of Cavalo Preto, Quarteira and Trafal. It is just a few minutes from hypermarkets, schools and services, downtown Quarteira, Vilamoura. 25 minutes from Faro International Airport. Several leisure and sports options are available nearby: beaches, water sports, tennis, paddle tennis, golf (Vale do Lobo, Vilamoura, Quinta do Lago), Vilamoura marina, among others.
Advertiser reference : 121548389Le Figaro Properties reference : 110232429

In detail

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House Quarteira (Portugal)

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