Monchique, 8550

Welcome to this beautiful and very well maintained 5.2 hectare mixed property with stunning views over the western Algarve countryside, overlooking the Odelouca dam and out to the Atlantic Ocean. The property is perfectly suited to establishing a rental business (Alojamento Local), as it includes two restored traditional Monchique country houses. The property is also suitable as a permanent or vacation residence for those who enjoy mountain life while still living in the Algarve and close to its sunny beaches. The cottages consist of the main house (140 m2 + 32 m2 terrace + 20 m2 mezzanine) which also includes an independent studio (30 m2 + 7 m2 terrace + 8.5 m2 mezzanine). Nearby is the guest house (45 m2 + 20 m2 terrace + 20 m2 mezzanine), which also retains the beautiful rustic granite structure and has been renovated in the same style. Behind both houses is a fully functional traditional bread oven. The property includes a 24 m2 swimming pool, which is integrated into a sizable wooden deck with stunning views, ideal as a yoga deck or space for events and al fresco dining. A lounge corner with a bar is also part of the deck. Other features include a barbecue area, three pitches for caravans or camping cars, a large shed for tools and a large shed for storing firewood or for other uses. The land has two gated entrances and a third access, which leads to a hiking trail. With many flat areas, the land is very suitable for small agricultural projects and/or animal breeding. The land is covered in mature vegetation, including native species such as cork oaks and olive trees. The property is fully fenced. An automatic irrigation system serves around 1 hectare of the upper terraces. Although connected to the main electricity grid, the property also benefits from a solar water heater complemented by small electric water heaters. Drinking water comes from a spring, which runs all year round. This water is filtered with UV light and kept in two 16 m3 storage tanks. An additional 80 m3 water tank has been installed to water the plants, with many taps, sprinklers and hydrants strategically located throughout the grounds. Two septic tanks are also part of the property. The whole plot is well protected in the event of forest fires. A fire risk assessment was carried out in November 2023. The buildings are all fireproof, with double glazing, aluminum, rock wool and steel tiled roofs. With this insulation, the buildings stay cool in summer and are easy to heat in winter. The main house, studio and guest house have wood-burning stoves. Completely new electrical installation, certified and checked annually by EDP (3 phases, 15 KVA). Vodafone cell phone and internet reception (4/5G). There is an ITED installation for future connection to a fixed network and/or fiberglass. Although isolated and very quiet, the plot is very accessible, connected to a paved municipal road. Monchique with several shops and restaurants is at a 5 minute driving distance. Faro Airport is 1 hour and 15 minutes drive. If you have any questions or if you would like to visit the property, please do not hesitate to contact us.