+351 910 660 900
Estrada das Escanchinas | Edifício Irbosol 1º | 8135-105 Almancil | Algarve
info@a1-algarve.com

Perfect Bed and Breakfast Potential – Quinta with 7+ Bedrooms in Boliqueime

€1,800,000

Description

BED & BREAKFAST INVESTMENT OPPORTUNITY IN THE ALGARVE.

If you are looking for a B&B for sale in Portugal, look no further than the Algarve! Not only we have over 300 days of sunshine every year, but we also have a booming tourist trade that is increasing steadily. Whether a family hotel near the beach or a guesthouse with country views, the Algarve is full of properties to match all your search criteria.

This enclosed hamlet is tucked away so that nobody could tell that there is a small B&B in the very centre of Fonte de Boliqueime. It is composed of several charming cottages where you can find 4 suites and 1 apartment which all have separate entrances through the mature gardens.

The property with a hidden entrance used to be a B&B in bygone years. Just 2 minutes walking distance from town this quaint Quinta would make for a fantastic tourism income for European nationals to gain a non-habitual tax residency.

Entering the property through an electric gate brings you into the hamlet with pretty gardens, a large communal pool with garden views and 4 separate cottages as well as a gazebo. 

Cottage # 1:
Consists of a lounge-dining room with a wood burner and high ceilings covered in Algarvian style bamboo and beams. To one side of the lounge are a double bedroom and bathroom en-suite. Through an archway is the cosy rustic kitchen with room for a breakfast table. From there you enter the second guest suite. This cottage has Quinta-style windows with manual shutters inside.

Cottage #2:
Comprises of a cosy lounge, large dining room, kitchen, guest WC, and three bedrooms en-suite. This spacious cottage was used as the central reception/office and breakfast room.
In the same dwelling, there is an one-bedroom apartment with a small kitchenette in the first floor and a separate laundry room on the ground floor.

Cottage #3:
Has a marvellous kitchen with original chimney and bread oven with an archway leading to a bright lounge. There are 2 bedroom with bathroom en-suite.

The beautiful antique wooden furniture, the stone walls, high bamboo ceilings and archways give the property a very special historical feel and could be used when modernising to reach an ultimate modern-antique style.

Also on the grounds is an annexe which used to be a horse stable, but was converted into a shed. The property is large enough to grant permission for “Turismo Rural” to convert all cottages into suitable tourist accommodation and build additional cottages.

The communal area is a lovely mature garden which offers a large pool with plenty of sun-lounging space around and a gazebo as well as a spacious piece of land in the Southern part. A water stream is crossing the land which feeds also the borehole.

This charismatic property is a perfect project for renovation and modernisation. The location is simply unique. Viewing is a must!

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  • Type: Commercial property , Quinta
  • Location: Vilamoura
  • Bedrooms: 7
  • Bathrooms: 7
  • Built area: 308 ㎡
  • Plot size: 3745 ㎡
  • Energy rating: D
  • Ownership: Private
  • Ref: A1270A

Features

  • Bar
  • BBQ
  • Borehole
  • Communal pool
  • Electric gates
  • Fully fenced
  • Fully fitted kitchen
  • Fully furnished
  • Games room
  • Garden views
  • Gazebo
  • Great internet performance
  • Office
  • Pool shower
  • Separate laundry
  • Town location
  • Woodburner fireplace

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