Villa for sale in Monchique
This four-bedroom villa with a private pool is for sale in Marmelete, Monchique. The property is positioned in a picturesque area surrounded by the Monchique Mountains. The villa is arranged across one floor offering bright and airy living accommodation. There is a living area complete with a fireplace leading into an open-plan kitchen. The modern kitchen is complete with an induction hob and a breakfast bar with a seating area.
The property also features a spacious master bedroom with an en-suite, a mezzanine leading out to a terrace with scenic views and a further reception room that could be used as a cinema room. There are two further well-proportioned bedrooms with access to a Jack and Jill style bathroom and a further fourth bedroom which would make an ideal home office.
Outside the property boasts a large private swimming pool with an automatic solar pool cover, a covered outdoor kitchen with BBQ and landscaped grounds with a range of tropical plants and trees. The garden also features an outdoor aquarium and access to water which has the potential to become a borehole subject to applying for a license.
Completing the property is a solar-powered annexe which is currently being used as a games room and a wooden cabin. The self-contained wooden cabin is complete with three bedrooms, a bathroom, a kitchenette with a dining area and a terrace area. This would make a fantastic opportunity to generate an income as a holiday rental.
Extra features: Ring camera system, internet access via Bigblu satellite, air-conditioning and a gated entrance.
Monchique provides an escape from the busier and more touristy areas of the Algarve and has a number of historic attractions to visit. The property is also in close proximity to the International Autodrome of Algarve, local shops and schools. For those also looking to experience the beaches and resorts that the Algarve is famous for, the lovely town of Alvor is only half an hour away and boasts a long open beach, rolling sand dunes and a variety of restaurants.
Mortgage Simulation: Duration / Period: 30 years / 360 months
Purchase Price: 995,000
Deposit / Down Payment: 199,000
Finance: 796,000
Interest Rate: 0.9%
Monthly Installment: 2,523.85
Mortgage Simulation: Duration / Period: 40 years / 480 months
Purchase Price: 995,000
Deposit / Down Payment: 199,000
Finance: 796,000
Interest Rate: 0.9%
Monthly Installment: 1,975.32
Features
Alarm
Air conditioning
Swimming pool
Terrace