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Global Properties

6 bedrooms Townhouse in Olhao, Portugal No. 213543

$ 1 016 083
$ 8 611 per m²
6 Bedrooms
3 Bathrooms
118 Living space, m²
Olhao, Portugal
Parameters
Bedrooms
6
Bathrooms
3
Living space, m²
118
ID
213543
Type
Townhouse
Land area, m²
1219
Property description
Exclusive Property with 3 Independent Units, Pool, and Income Potential in MoncarapachoDiscover an exceptional retreat, fully renovated in 2023, nestled in the serene rural area of Quatrim do Sul - Moncarapacho, just minutes from Olhão, with its famous market, excellent restaurants, and the pier for accessing the stunning barrier islands.This exceptional 230m² property offers the pe


Exclusive Property with 3 Independent Units, Pool, and Income Potential in MoncarapachoDiscover an exceptional retreat, fully renovated in 2023, nestled in the serene rural area of Quatrim do Sul - Moncarapacho, just minutes from Olhão, with its famous market, excellent restaurants, and the pier for accessing the stunning barrier islands.This exceptional 230m² property offers the perfect combination of flexibility, comfort, and incredible income potential. It’s the ideal choice for those dreaming of an authentic Algarve lifestyle, whether for private residence or as a secure and profitable investment.
Unique Concept with Multiple Possibilities.The property features three completely self-contained dwellings, each with a private entrance, ensuring total privacy and versatility:-Main Unit: A T3 (three-bedroom) with two floors, ideal for your family, offering ample spaces and privacy.-Additional Units: A T2 (two-bedroom) and a T1 (one-bedroom), perfect for successful short-term rentals, long-term leases, or for comfortably hosting family and friends.Highlights That Make a Difference:- Excellence in Renovation: Completed in 2023, the renovation was comprehensive and meticulous, including new kitchens and bathrooms, fully updated plumbing and electrical systems, and double-glazed windows for superior thermal and acoustic insulation.- Sustainability and Energy Efficiency: With a strong commitment to environmental responsibility and savings, the property integrates three 200L solar water heaters, ensuring efficient and eco-friendly hot water supply.- Resort-Style Pool: One of the main attractions is the secluded pool, generously sized at 5m x 14m. A true oasis of tranquility for enjoying leisure moments or entertaining your guests with elegance under the Algarve sun.- Idyllic Outdoor Spaces: The outdoor area invites relaxation, with a charming pergola, a landscaped garden with fruit trees, and a cistern for irrigation, perfectly complementing the tranquil and rustic ambiance of the area. It is set on a 1219m² plot with unobstructed views.This property represents a rare opportunity in the Algarve market, whether for a dream lifestyle change or a strategic real estate investment.#falecomohugo

Features
Indoor facilities
  • Garage
Outdoor features
  • Garden
  • Swimming pool
Statistics Olhao
$ 4 686
Price per m²
166
Quality of Life Index
51
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 085
2-Room Apartment
$ 945
Apartment Purchase Price per m²
In the City Center
$ 4 686
Outside the City Center
$ 3 606
Crime Index
30
Cost of Living and Rent Index
39
Purchasing Power Index
78
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
25
Health Care Index
54
Groceries Index
49
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
46
Climate Index
98
Cost of Living Index
51
Quality of Life Index
166
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 14.27
Meal for 2 People, Mid-range Restaurant, Three-course
$ 42.80
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.89
Domestic Beer (0.5 liter draught)
$ 2.97
Imported Beer (0.33 liter bottle)
$ 2.38
Coke/Pepsi (0.33 liter bottle)
$ 2.38
Water (0.33 liter bottle)
$ 1.66
Cappuccino (regular)
$ 1.93
Markets
Milk (regular), (1 liter)
$ 1.10
Loaf of Fresh White Bread (500g)
$ 1.58
Eggs (regular) (12)
$ 3.56
Local Cheese (1kg)
$ 14.72
Water (1.5 liter bottle)
$ 1.27
Bottle of Wine (Mid-Range)
$ 5.35
Domestic Beer (0.5 liter bottle)
$ 0.99
Imported Beer (0.33 liter bottle)
$ 3.12
Cigarettes 20 Pack (Marlboro)
$ 6.78
Apples (1kg)
$ 2.71
Chicken Fillets (1kg)
$ 6.44
Oranges (1kg)
$ 1.64
Potato (1kg)
$ 3.30
Lettuce (1 head)
$ 1.47
Rice (white), (1kg)
$ 1.88
Tomato (1kg)
$ 2.72
Banana (1kg)
$ 1.37
Onion (1kg)
$ 2.59
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.54
Transportation
One-way Ticket (Local Transport)
$ 3.57
Monthly Pass (Regular Price)
$ 43.98
Gasoline (1 liter)
$ 2.07
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 714
Taxi Start (Normal Tariff)
$ 3.92
Taxi 1km (Normal Tariff)
$ 1.19
Taxi 1hour Waiting (Normal Tariff)
$ 22.59
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 40 502
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 148
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 38.75
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.80
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 486
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 45.17
Tennis Court Rent (1 Hour on Weekend)
$ 22.59
Cinema, International Release, 1 Seat
$ 11.89
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 75.29
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 46.96
1 Pair of Nike Running Shoes (Mid-Range)
$ 111
1 Pair of Men Leather Business Shoes
$ 109
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 486
International Primary School, Yearly for 1 Child
$ 12 890
Contact seller
Contact seller

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