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house for sale in Aljezur, Portugal

699 000€

Aljezur

Features

  • 240 m² surface area (2583 sqFt)
  • N/C

Property description

Automatically translated fromThis is a fantastic opportunity to buy a property in Vale da Telha that doesnt hit the market as often.The large property is located in a very quiet location in Sector E close to the lake and due to the slope offers beautiful countryside views. The property is divided into one part with the main house at the top of the property and two separate, individual sections with one-bedroom studios at the bottom. Its also divided by access – the studios have a separate entrance gate across the street. This property infrastructure offers the opportunity to earn solid rental income all year round.The main house is a spacious three bedroom villa with a very nice and cosy outdoor area with large swimming pool. The house has an L-shaped construction that blocks the northerly wind and gives the outdoor area maximum protection against the wind. The pool and garden are south-west facing and plenty of natural light is guaranteed.Entering the house you enter the large dining and living room connected to the open kitchen on the right side. The kitchen is fully equipped to a modern standard. On the other side of the L-shape there are three-quarters. Two of them share a guest bathroom and the 3rd serves as a master bedroom with an en-suite bathroom and direct access to the pool. In the basement there is another room that is currently used as a storage room and laundry room for the management of the rental. It can also be used as a 4th bedroom. All rooms have central heating and being built in 2005 it is one of the most recent houses in Vale da Telha. It is in very good condition without needing any refurbishments.The lower part of the property has two different accesses and two separate, fully equipped one-bedroom studios. Both apartments feature a combined kitchen/dining/living area, bathroom with shower and a separate bedroom. This infrastructure gives the opportunity to have rental income all year round. The current owner rented with an official tourism license and proof of income can be communicated.The property is located on a quiet street in sector E and looks more like a country property than a house in the Screen Valley. Due to the slope of the property and the valley in front you have a very nice countryside view. You can walk to the nearby lake in a few minutes and to the beaches of Arrifana or Monte Clérigo in just 10 minutes by car.Dont miss this rare opportunity to have a very beautiful house in a quiet and atypical area of Vale da Telha plus two individual studios for visitors or rentals.

Property summary

This property is aptly described as an "excellent opportunity" by the agent, and there seems to be apt reason for it. It has a broad appeal, appealing both as a potential investment and for a lifestyle purchase. From an investment perspective, the house's location in Vale da Telha, a popular tourist destination, seems promising for generating consistent cash flow. It has the potential to earn a solid rental income all year round. The size and layout of the property, with its three bedrooms in the main house and two one-bedroom studios, also make it ideal for accommodation. The two separate entrances for the studios are a plus, as each unit can be rented individually or together, providing flexibility according to rental demand. From a lifestyle perspective, the property has a lot to offer. The main house provides a spacious living space with a comfortable outdoor swimming pool area. It's located in a quiet neighborhood, providing peace and tranquility, but still close to local amenities, hiking trails, and the lake, which contribute to a hassle-free and serene living experience. The distant views of the countryside are a bonus, adding to the tranquility this property provides. While it's essential to consider the needed renovation or refurbishment work, as the property was built in 2005, overall the property description paints a favorable picture for keeping both the investor and the lifestyle buyer in mind. The unique layout and strategic location make this property a fantastic deal, to a certain extent. Priced at 699,000, it's a decision that could prove to be a blend of both privilege and profitability.

Location

Aljezur

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