AGD130: Algarve Dream

Monchique, Faro

Price:

€1,300,000

Land with 1.5ha, guesthouse with 10 rooms, restaurant & family house

Property Advertised by: Owner

Property Description

For sale in the beautiful Serra de Monchique, is a 1.5ha property boasting a ‘million-dollar’ view across the hills towards the vibrant cities of the southern Algarve coast & the sea.

This property consists of a licensed guesthouse with 10 rooms, restaurant/snack bar and a family house just 100m from the B&B.

Guest-house is furnished with 5 double-rooms, 1 twin-room, 2 single-rooms, 1 self-cater / managers apartment. All rooms have en-suite bathrooms.

There are 2 balconies and a large panoramic terrace for sunbathing, relaxation and recreation. Another terrace adjacent, separated by a “spanish-wall” from the one for guest-house visitors, is the alfresco area for visitors to the restaurant / snack-bar. Here, in the shade of two old and large cork-oak trees, guests can enjoy the blue skies, sunshine and view all the way to the sea and horizon in the south.

The private / owners house lies nestled on a terrace some 100m through the garden just below the guest-house. It’s charismatic and rustic character reminds of the “finca” style that the southern European countries are so famous for. The large patio is the favourite, all-year-round living space. On the one side there is access to the kitchen and on the other is the access to the house with bathroom, dining room, living room, office/bedroom, master bedroom, bedroom/office, walk in wardrobe/storage. The private/owners house has 170m2.

There are also beautiful, lush terraces with trees of orange and lemon, olives, figs, bananas, grapes, medronho and cork oak trees.

The property is framed on the sides by a small stream and a small river and has its own water supply from a borehole that delivers plentiful of the clearest and most delicious spring water all year round. There is also a water-mine on the premises that carries water throughout the year (A water-mine is a cave that goes into the hill-side and has a large basin / tank at its entrance catching the water that runs down the cave ceiling and walls)

The property is located at 2km from the picturesque mountain village of Monchique, 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.

Some 2km further down from this property is the little village of Caldas de Monchique, where there are the springs feeding the only roman baths on the Iberic peninsula. This is also where the clean, clear and healthy spring water is bottled for sale in supermarkets across the country.

 

Property Location

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