House for sale in Alcaria, Portugal

• 234 m² surface area (2519 sqFt)
• N/C
• 348 m² of land (3746 sqFt)
• structure/exterior for part renovation
• 5 rooms

This charming rustic villa is situated in the quaint village of Paderne, located in the beautiful region of Alcaria. Nestled between the stunning Algarve coast and the majestic mountains, this property offers the perfect blend of tranquility and convenience. Just 12 km away from the popular beaches of Albufeira and Vilamoura, and 25 km from Faro International Airport, this villa is ideally located for both relaxing getaways and practical living. The property consists of 5 rooms spread across 2 floors, with a balcony, backyard, and additional outbuildings. While it is in need of some renovation work, there are three approved new projects available for potential upgrades. These options include converting the villa into two flats with a backyard, adding a pool to create a luxurious villa with a backyard, or simply renovating the existing structure. Conveniently located within walking distance of all essential amenities such as public services, banks, post office, supermarkets, and sports areas, this villa offers a balanced lifestyle for its future owners. With access to three streets, including the main streets of the village, the property boasts a central location with easy connectivity. Priced at 480,000, this property presents a unique opportunity for investors or buyers looking to create their dream home in a charming village setting. The potential of the approved projects adds value to the property, making it a worthwhile investment in the sought-after Algarve region.