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Unique Quinta Development & Investment Opportunity - € 3,000,000

Ref: CNV3618
Price
€ 3,000,000
Location
Porches
Bedrooms
5
Bathrooms
4
Built area
274m²
Plot area
70,980m²
Airport
40 mins drive
Beach
8 mins drive
Golf
10 mins drive
Town
5 mins drive
Shops
5 mins drive
Restaurants
5 mins drive
Energy rating
E

Property features

  • Borehole
  • Countryside views
  • Swimming pool
  • Overlooking garden & pool
  • Terrace
  • Garden
  • Landscaped garden
  • Parking (private)
  • Terrace (Covered)
  • Furnished & equipped
  • Kitchen fully equipped
  • Ensuite bathroom
  • Laundry room
  • Utility room
  • Fire (wood burner)
  • Fence or walled
  • Automatic gate
  • Satellite TV
  • Irrigation system
  • Fish pond
  • Fruit trees
  • BBQ
  • Garden shed
  • Fitted Wardrobes

Property overview

Situated in a superb location, around five minutes drive to thriving Armação de Pêra and the coast, this large rural estate with a traditional Quinta at its heart, offers an incredible opportunity to develop a 13 rooms (6 units T2+1 and 1 studio) aparthotel with pool, gardens and underground car parking. This 70,000 m2 estate currently comprises of a large, rustic residence with five bedrooms of which three are ensuite, a huge farmhouse kitchen and lounge with a feature range. The extensive grounds are a mixture of orchards, indigenous planting, including a family chapel and lake.

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Property location

Porches

Porches is a lovely inland village which is famous for it's hand painted pottery shops, with traditional whitewashed village houses and lovely restaurants, all with excellent access to the EN125 in the centre of the Algarve and just 5 minutes drive to the coast. Faro international Airport is only 45 minutes drive.

 

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