Engel & Völkers
Two houses with pools. The left house is white with blue shutters, and the right house is red with white shutters.

Two-villa estate in Caldas de Monchique

€1,795,000
  • 16 Rooms
  • 11 Bedrooms
  • 12 Bathrooms
  • ~744 m² Total surface
  • ~687 m² Living area
  • ~38,897 m² Plot surface

Description

Nestled in the greenery of Caldas de Monchique is one of the most remarkable properties on the mountain. Two beautiful and well-maintained homes share nearly four hectares of privacy and natural beauty. With 11 bedrooms and 12 bathrooms, this property offers ultimate flexibility to live, entertain and generate income. The original house—named Foz do Banho—will enchant you with its harmonious design and light-filled interior. The house is entered through a courtyard and double doors frame the entrance to a large living room featuring high ceilings, a fireplace and three pairs of Palladian doors offering green long-distance views. To the left you’ll find the separate dining room, butler’s pantry and fully equipped kitchen. To the right, a shaded patio is the ideal setting for outdoor meals. Beyond that you’ll find one of the most stunning pools in the Algarve, where you can swim at one with nature. Foz do Banho also offers four spacious bedrooms (three ensuite), a guest WC, and a large garage, all on a single floor. Comfort is ensured with central heating and double-glazing throughout. One hundred meters away, you’ll find Ribeira do Banho, the more recently constructed house that reflects the symmetry of the original house over two floors. You’ll find four ensuite bedrooms on the ground floor as well as a large living room, dining room, kitchen and reading area. The upper level offers three more ensuite bedrooms, a smaller leisure space with kitchenette, and balconies overlooking the garden. Underfloor heating on the ground level, double glazing, and a multi-fuel heating system ensure comfort in this house as well. Ribeira do Banho also has its own beautiful pool and shaded verandas. The fresh air, greenery and quiet pierced only by birdsong gives a profound sense of peace and well-being, without isolation--a well-regarded local restaurant is within walking distance, a large supermarket is less than 10 minutes away, and Portimao’s amenities and Alvor’s beaches are less than half an hour away. Because the two houses are well separated with their own driveways, this property would work well as an owner-operated tourism business. It would also work well for an extended family that wants to live close but in separate houses, or could be a stunning yoga/meditation/faith-based retreat center. Come discover this treasure in Caldas de Monchique!
Features
BalconyBuilt-in kitchenGarageGardenPatioSecurity systemSwimming poolTerraceBuilt in wardrobeGreen viewGuest toiletMountain viewOpen viewWheelchair accessible
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Engel & Völkers Portimão

Your advisor: Eve Bötel

Property ID: W-02OKIO

Property details
  • Object type

    Detached House

  • Condition

    Very good

  • Rooms

    16

  • Bedrooms

    11

  • Bathrooms

    12

  • Floor

    1

  • Number of Floors

    1

  • Garages

    1

  • Parking spaces

    7

  • Total surface

    ~744 m²

  • Living area

    ~687 m²

  • Plot surface

    ~38,897 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    1979

  • Energy efficiency class

    A

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Underfloor heating

  • Energy source

    Central heating, Gas heating, Pellet heating, Heat pump, Solar heating, Stove heating, Underfloor heating

Location: Monchique, Faro District

About 25 minutes north of the magnificent beaches and golf courses of the western Algarve, you will find serenity in the hills cut by streams, also known as the "Garden of the Algarve". The village of Monchique stands at 458 meters high, simple and beautiful, as if to show much more of what the Algarve region can offer besides its beautiful beaches and blue sky. The termal village of Caldas de Monchique is located 6 km south of Monchique and 18 km north of Portimão. It is also about 52 minutes from the sumptuous beaches of the Vicentine Coast (to the west) and offers residents and visitors alike a unique combination of lush vegetation, historic 19th century buildings, cultural heritage and a thermal spa. Recently, the local authorities launched the Renature Monchique project to promote the recovery of the ecosystems in harmony with the rest of the Algarve region - which remains Portugal's top holiday destination. Private investors have invested several million of euros in renovating the tourism offer, raising standards and the wellness offer of this region. Main distances: Portimão - 20 km (approx. 30 min) Silves - 28 km (approx. 35 min) Lagos - 45 km (approx. 45 min) Faro airport - 85 km (approx. 60 min)

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