HouseOlhao (Portugal)

Price :

$1,764,100

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface565 m²bedrooms7 bathrooms8 land1.4 ha

'Quinta do Monte' in Moncarapacho is a fantastic investment opportunity, given its well-located property and thoughtfully designed project. The existing 7-bedroom, 8-bathroom house with a total area of 565m2, surrounded by fruit trees and spacious grounds, offers a variety of potential uses, including a family retreat, luxury hotel or wedding venue, or a full-time residence.The property's south-facing orientation and private access make it appealing for those seeking an indoor-outdoor living style in the sunny Algarve. The option to buy the entire business, including the property, adds further intrigue for potential investors.The plan to maintain and recreate the original features of the house, including traditional elements like ceilings, vaults, finishes, and tiles, ensures the preservation of its unique charm. Additionally, the inclusion of well-chosen, high-end furniture can enhance the overall ambiance and integrity of the house.The extensive outdoor area provides ample space for the development of patios, gazebos, lights, game areas, and even a chapel for weddings or celebrations. The property's proximity to the village of Moncarapacho, Olhão city, Fuzeta beach, and Faro Airport, combined with its serene surroundings and accessible amenities, adds to its desirability and investment potential.Why invest and live in Portugal? 7th. Safest country in the world Global Peace Index 2023; One of the best motorway networks in the world; Portugal considered the best tourist destination in Europe in 2022, by the 5th. time in the last 6 years (WTA); Lisbon the best Metropolitan Seaside destination in the world in 2022 (WTA); Madeira Island the best island destination in the world in 2022 (WTA); Algarve having a hotel chosen with the award for Best Lifestyle Resort 2022 (WTA); Porto elected as the best city destination in the world in 2022 (WTA) Average temperature at 12 noon, in summer: 25º C and in winter: 16º C; Considered the 7th. Best country in the world in quality of life 2022 (InterNations); Portugal is 4th. Best country in the world where expatriates feel most at home in 2022 (Internations); Mediterranean Diet, classified as World Heritage by Unesco; The best fish in the world, according to Ferran Adriá, Chef El Bulli; It has 1 of the 25 most beautiful beaches in the World Tripadvisor 2022; It has 3 Portuguese wines among the 12 best in the world in 2022 (Forbes);Take this opportunity and book your visit now or ask for additional information!