EUR 1,150,000
For Sale
Olhão portugal, 7000
Property with fully renovated villa (2022/23), set on a spacious 7,080 sqm plot in the peaceful village of Pechão. Surrounded by nature and offering complete privacy, this villa is located just a 5-minute drive from the coastal town of Olhão and 17 minutes from Faro International Airport.
Despite its rural setting, the villa benefits from proximity to the village centre, where you will find a supermarket, pharmacy, local restaurants and a church, all within a 5-minute walk.
With a gross construction area of 280 sqm, the villa is spread across two independent floors, each with private entrances. This configuration makes it especially attractive for large families, those looking to generate income through holiday rentals, or as an investment in local accommodation.
On the ground floor, there is 1 bedroom, 1 full bathroom, a fully equipped kitchen with dining area, and a living room with direct access to the outdoor lounge and the garden with swimming pool.
The upper floor comprises 3 bedrooms, all with balconies, 1 full bathroom, a fully equipped kitchen with dining area, and a living room.
All rooms are equipped with air conditioning, and the house offers full Wi-Fi coverage.
Outdoors, there are two pleasant al fresco dining areas, both with barbecue facilities, as well as a rooftop terrace with open views, ideal for enjoying the sunset. The property also includes solar panels and an electric vehicle charging point, adding value for those seeking comfort combined with sustainability.
There is also a storage building for agricultural tools and a technical room. A private borehole ensures automatic irrigation throughout the entire property.
In terms of vegetation, the villa features various fruit trees, including olive, orange, lemon, carob, and loquat trees, along with a large open area for cultivation where the future owner may plant according to personal preferences.
This is an excellent opportunity to acquire a renovated villa with significant potential for both private use and tourist development, offering a tranquil setting in close contact with nature, yet with easy access to the town and the best of the Algarve coastline.
Features
- Renovated property
- Solar panels
- Borehole
- Fruit trees
- Electric vehicle charging
- Energy Certification B-
- Land area - 7,080 sqm
- Gross construction area - 281.14 sqm
- Building footprint - 170.54 sqm
Located in the south of the country, the Algarve is Portugal's quintessential coastal region and one of the hottest destinations in Europe. A summer retreat for thousands of both locals and international visitors, it is sought after for its beaches, mild climate, natural beauty, gastronomy, and golf, boasting some of the finest courses in Europe.
Synonymous with quality of life, the Algarve is one of the most developed regions in Portugal and the second wealthiest, just behind Lisbon. It has approximately 450,000 permanent residents, with the population tripling during the summer months. The region offers a wide range of hotel accommodations, including luxury hotels and resorts, and boasts excellent infrastructure, including roads, hospitals, sanitation, housing, telecommunications, and a university.
In addition to Faro, the capital, where the International Airport and the University of Algarve are located, the region's most famous destinations include Albufeira, Lagoa, Lagos, Loulé, Olhão, Portimão, Silves, Tavira, Vila Real de Santo António, Vilamoura, Praia da Rocha, Armação de Pêra, Alvor, Prainha, Monte Gordo, Sagres, Quinta do Lago, Vale de Lobo, among others.
The five-century-long Arab rule (from 716 to 1294) has left its mark on the region, particularly in architecture, gastronomy, art, and even the Portuguese language.
Energy Rating: B-
#ref:PROP-031308 - PROP-031308 - Quintela + Penalva | Knight Frank