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10 bedroom guest house, bar, restaurant and owners’ house with great views, Monchique, West Algarve

1,425,000 $
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Total area: 2,385 m² Land area: 13,360 m² 3 bedrooms 12 bathrooms
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Features
  • Built in 1993
  • Total rooms: 15
  • Balcony or terrace
  • Internet
  • TV
  • Furnished
  • Golf course
  • Garden
  • Sea view
  • Forest view

• Living area 240m² + 110m²

• Plot size 13.360m²

• 8 en-suite bedrooms + apartment

• 2 bedroom owners house

• Construction year 1989 (guesthouse) and 1993

• Distant sea view

This lovely property is located in peaceful cork forest with views over the hills to the sea in the distance. It is less than 10 minutes drive to the mountain town of Monchique with all amenities. The guest house and adjacent bar/ restaurant open onto a fabulous and large courtyard with pretty planting and a charismatic wall which divides the two giving privacy to guests.

The owners’ home is about 60m away through the cork forest and completely private, fronted by a sun terrace overlooking the bread oven and various fruit trees.

The guesthouse comprises a reception area, seven en-suite bedrooms, a family suite and an independent apartment. Some of the light, spacious and elegant rooms open onto a large balcony with beautiful views to the south coast. All share a private courtyard.

The restaurant and bar are currently being refurbished. There are two kitchens and two restrooms. There is a large and shady terrace for alfresco dining or enjoying a beer at sunset.

The owners’ house has dining room, living room, kitchen, bedroom and bathroom on the ground floor and a large master bedroom with walk in wardrobe on the first floor. There is the possibility to create a further bedroom or study on the first floor.

This could be a super business as a bar, restaurant, guesthouse as it was created or even could be converted to a well being retreat. Although the business is not running everything has been kept in pristine condition ready to be used at any time.

Features

Parking: Parking outdoors

Heating-Cooling System: Log/wood burner, Pellet burner

Equipment: Cable/Satellite TV, Internet/Phone

Garden: Private, Landscaped, Natural, Fruit Trees, Outdoor lighting, Water tank

Exterior: Patio, Courtyard, bar, BBQ, Bread Oven

Views: Sea View, Country-side View

Amenities

• Car parking in grounds

• Reception

• Mains electricity

• Spring water and borehole

• 3 chamber soakaway septic tank

• 2 wood burners and a pellet burner

• Internet, satellite TV

• Commercial license

Energy Certificate: D

Location

• 3km to Monchique

• 20km to Golf

• 30km to south or west coast

• 80km to Faro airport

Statistics in Faro

Price per m², $
2,468
Safely rate
76
Index 76 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 2,467.94
Apartment in a bedroom community, m² 2,053.65
Transport Price, $
Public transport, 1 ride 2.54
Monthly travel card 33.9
Taxi, 1 km 0.72
Petrol, 1 l 1.66
Food Price, $
Water, 1.5 l 0.55
Milk, 1 l 0.75
White bread, 500 g 1.13
Eggs, a dozen 1.81
Chicken fillet, 1 kg 6.43
Education Price, $
Kindergarten, per month 451.95
International school, per year 10,126.49
Security index
Crime rate 18.75
The risk of being robbed 29.55
The risk of car theft 27.27
The risk of break-in and property damage 39.58

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Kseniya Kolesnikova
Kseniya Kolesnikova
Real Estate Expert
+44 17 4822 0039
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