Property for sale in the centre of Monchique for development of offices, residential or tourism
€ 690.000
Monchique | EAV-3739
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680m2
689m2
C

property description

This three-storey building with a large exterior space is located right in the center of Monchique. The building dates from the beginning of XX century with a solid construction and very large rooms, high ceilings, and high windows.  

The second level is accessed from the back road and is used as an office and living area. The garden is accessible from the first and second floors and it is bordered with a stone wall which extends for almost 100 metres along the main street of the town and has an elevation of 3m from the street.  As the entire land can be developed,  a project can be designed for additional construction, further enhancing this architectural and cultural heritage of Monchique. 

The garage, which is on the ground floor of the building, has high ceilings which could also be suitable for a commercial space in addition to an existing commercial establishment belonging to this building, both accessed from the main street.  On the first floor, numerous rooms could be used as offices or bedrooms, a hall, a large meeting room, a kitchen, and a bathroom.
The property is perfect for both commercial and residential use. The excellent location is suitable for both tourism and office space. The building is excellent for hotel or touristic apartment rentals.  This building is a rare find, and a landmark of the village, offering excellent potential for a unique project.

PROPERTY FEATURES


ELECTRICITY
Mains electricity

FIREPLACE
Open fireplace (Wood)

GARAGE
Above ground Parking Spaces
Closed private garage (cars)

INSIDE LEISURE
Terrace

OUTSIDE LEISURE
Garden

DRIVING DISTANCES


1 mins

20 mins

15 mins

1 mins

2 mins

50 mins
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By requesting information you are authorizing Exclusive Algarve Villas to use your data in order to contact you in accordance with our Privacy Policy.

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