Address: Rua do Viador, numbers 69 and 71, Monchique Town Centre. Price: €160,000 Usable Area: 84 m² Energy Performance Certificate (EPC): F
If you are looking for an investment with traditional Algarve charm and exceptional appreciation potential in Monchique, this is your opportunity!
This 84 m² house is strategically located on Rua do Viador, offering privileged mountain views from its façade, which faces Northeast.
The Current Property: Ready to Use and Full of Character
The house is distributed across two living areas on the ground/first floor:
Living Areas and Bedrooms: The property offers 2 bedrooms. One is partially renovated, featuring a solid wood bunk bed solution, and ready for immediate use. The second bedroom, with a more rustic feel (currently housing vinyl record shelving), offers a solid base for renovation according to your taste.
Comfort and Ambiance: The living/dining room is a welcoming space, warmed by the charm of a wood-burning stove set against an exposed brick wall. Windows with solid wood sills frame the landscape beautifully.
Service Areas: Includes a small functional kitchen and a full bathroom (with a bathtub, toilet, and bidet).
🔑 THE BIG ASSET: The Attic and Expansion
The true value lies in the Attic (Sótão), which spans the entire footprint of the house (approx. 84 m² projected total area). Half of this space is already partially optimized.
High Potential: The roof structure allows for raising the roofline, enabling the creation of an entirely new habitable floor. This is a project with huge scope to build an additional 2 or 3 bedrooms and bathrooms, transforming this property into a larger residence or an excellent source of short/long-term rental income.
Why Invest Here?
Location: Central Monchique, sunny location with mountain views.
Growth Potential: Space to double the living area through attic renovation and potential roof elevation.
Flexibility: You can move in immediately and renovate in phases, starting with the more rustic areas.
Don't miss the opportunity to acquire a property with so much soul and so much future in Monchique!
For more information or to schedule your viewing, contact your KW Flash Consultant:
Pedro Cordeiro Real Estate Consultant Tel: (+351) 919 686 747 E-mail: pedro.cordeiro@kwportugal.pt Website: https://
YOUR PROPERTY IS MY PRIORITY / A SUA PROPRIEDADE É A MINHA PRIORIDADE