Great project with house comprising 1 bed, 1 bath, lounge, kitchen cloakroom, patio, BBQ and garden. Cottage with 2 bed, shower, lounge, kitchen, patio, garden and pool. Lodge with 3 rooms for refubishment. Extra Land.
These properties are located in the attractive village of Arco da Calheta which is less than 10 minutes from Calheta with its yellow sandy beach and facilities (bank, supermarket, hotel and restaurants). Within a few minutes walk to church, post office, bars, hairdressers, pharmacy and local shops.
On offer are:
EXISTING PROPERTIES, consisting of:
- House: 1 bedroom, bathroom, lounge, kitchen, cloakroom/shower, patio, BBQ and garden. Built Area: 101 sqm. Plot area: 1300 sqm.
- Garden Cottage: 2 bedrooms, shower room, lounge, kitchen, patio, garden and pool. Built area: 53 sqm. Plot Area: 80 sqm.
The above 2 properties have been renovated and successfully run as holiday rentals for 10 years but there is scope for further refurbishment/expansion which would increase the yield from the rentals.
- Wine Lodge: one room downstairs, 1 bedroom and shower room upstairs. This one is in need of total refurbishment but with a little imagination it has a potential to increase the rental yield.
- Land. This would be ideal for building a new property on a plot of 770 sqm with direct road access. Plot Area: 770 sqm.
Note: The properties are available as one complete lot or separately as:
- the existing houses;
- the land.
The land will only be sold separately if access rights are provided to the exisiting houses. Entrance to existing properties is currently via pedestrian pathways (veranda).