Main Photo

€1.300.000


Reduced To Sell: B & B With License For Snackbar / Restaurant + Home W. 1.5 Ha/costal View

Monchique, Portugal

Property Description

This is a unique investment opportunity, or a most beautiful real estate to live the dream of what it means to have a 'work-life-balance'.
This real estate consists of a 1.5 ha property boasting a 'million-dollar' view across the hills towards the vibrant cities of the southern Algarve coast & the sea.
There is a licensed guest-house with 10 rooms, 1 Apartment and restaurant/snack bar, as well as a private house at just 100 m from the BnB.
The guest-house is furnished to accommodate 5 double-rooms (1 with an adjacent childrens-bedroom), 1 twin-room, 2 single-rooms, 1 self-cater apartment. The snack bar or restaurant has space for indoor catering and a most spectacular outdoor catering area where guests can sit in the shade of cork oaks and can enjoy the extended view across the hills to the skyline of the city, at 20 km distance), the sea and the horizon beyond.
The private house is located just a little below, at 100m from the BnB. This can be used by the real estate owner or BnB manager as a cosy family home or as another opportunity for holiday rentals. This house has 170 sqm.
This real estate is idyllically nestled on the slope of the highest mountain of the Algarve, the Foia and is still within closest vicinity of the bustling city life, the buzzing tourist destinations, the sunny beaches of the southern and western Algarve coast and the cosy mountain villages.

Additional Details

  • Living Space m2
  • Lot Size m2
  • Furnished No
  • Garage No
  • Central Heating No
  • Air Conditioning No
  • Garden No
  • Pool No

Features

  • Business & Home
  • 10 ensuite Rooms
  • 1 Apartment
  • Restaurant /Snackbar
  • Panoramic Terraces
  • In Nature...
  • ...withing reach of the vibrant city life
  • Separate House
  • Panoramic View
  • Coastal View
  • Live and work where others Holiday
  • Investment opportunity
  • Nature, Peace, Tranquility
  • Unique real estate
  • Reduced to sell

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  • Beds
    13
  • Baths
    12
  • Tenure
    Sale
  • Type
    Hotel

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