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March 24, 2024

Charming Guesthouse for Sale in Monchique

🏨 12 Bedrooms | 10 Bathrooms

🔗 Listed on: Idealista

📐 460 m² | 3.344 €/m²
💸 1.300.000 €

✨ Highlights

  • Built in 1990
  • Amazing views towards the coast
  • Two houses on one property
  • Fully licensed restaurant
  • 3km from Monchique

📊 Performance

The hotel didn't provide the performance data (ADR, Occupancy Rate, etc.)

✍️ Description from the real estate agent

This exceptional property in Monchique offers not just one, but two houses complete with a commercial license, making it ideal for entrepreneurs or large families seeking both business prospects and spacious living accommodations amidst stunning coastal vistas.

GUEST ACCOMMODATION WITH COMMERCIAL LICENSE

Ground Floor:

  • Fully licensed restaurant/snackbar with two well-equipped kitchens for seamless operation.
  • Two toilets available for patrons' convenience.
  • Inviting outdoor terrace perfect for al fresco dining.
  • Accommodation includes 6 bedrooms, 5 bathrooms, a laundry room, and storage space.

First Floor:

  • Three bedrooms, each with its own en-suite bathroom.
  • Self-catering apartment with 1 bedroom, separate toilet & shower, kitchen, cozy living room, and balcony offering breathtaking coastal views.

THE OWNER'S HOUSE

Ground Floor:

  • Spacious living room, dining room, and office space for personal retreat.
  • Shower room and separate toilet for added comfort.
  • Covered terrace seamlessly connected to the kitchen for easy entertaining.

First Floor:

  • Mezzanine featuring a bedroom and walk-in closet, providing a serene space for relaxation.

OUTDOOR PARADISE

This property sprawls across an impressive 13,360m2 of lush greenery, boasting orange and lemon trees, olives, kaki fruit, figs, quinces, bananas, grapes, and medronho, complemented by a traditional bread oven. A water tank doubles as a potential swimming pool, with a reliable water supply sourced from a borehole delivering clear, delicious spring water year-round. Additionally, a water-mine on-site ensures constant availability, with mains water already accessible at the gate.

ABOUT THE AREA

Located just 3km from Monchique, nestled at the foot of majestic Foia, this property enjoys a unique microclimate beneath the clouds. Situated 350m above sea level amidst cork-oak and eucalyptus forests, it offers panoramic views of the southern Algarve coast and the Atlantic Ocean. Access to the south coast is a 25-minute drive, while the west coast is just 40 minutes away, with Faro Airport conveniently reachable within an hour.

This property presents a haven of opportunity and natural beauty, offering endless possibilities for those seeking a slice of Algarve paradise. Don't miss the chance to make it yours!

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