Villa Madrigal is a quite unique and quirky property overlooking Portimao Marina with views to the Dom João Castle in Ferragudo. Designed and completed by the owner in 1993, as a comfortable family home with a 2 bedroom annexe on the lower level, this property has the potential to convert into a luxury townhouse in an excellent location.
Over recent years, the property has been very successfully rented out to the holiday market. Popular due to the fantastic location, within walking distance of Praia do Rocha with all its facilities and a beautiful mile long beach, famous for its magical rock formations. A host of international restaurants and cafes are within walking distance of the villa and there are a number of golf courses within an easy drive.
On a plot of 440 square metres, the villa is 350 square metres with entrance from the road up steps to the front door. A hall way opens into the spacious open plan lounge and dining area. The property has quite a contemporary feel in that there are many quirky features including beautiful hand-carved wood doors leading to the conservatory. The kitchen has modern units a new cooker, dishwasher and washing machine.
Upstairs to the master bedroom suite with fabulous views to the Castle, and two additional guest bedrooms. There is an intimate roof terrace with spectacular panoramic views.
Stairs from the conservatory lead down to the Annexe which has a small lounge with wall seating, a kitchenette, 2 bedrooms and bathroom. Glass doors lead out onto a private terrace which has lovely views over the estuary.
With river views from most rooms, the property has a fireplace in the lounge, air conditioner units, and double glazing; an alarm system and carport for off-road parking at the side of the property. The heated swimming pools have complete privacy with a feature tiled mural and there is a BBQ for al fresco dining.
An excellent investment for those wanting a holiday rental property; Golden Visa applicants or a townhouse in a spectacular location.
The price includes furnishings except for the owner’s personal belongings and artwork.
Energy Certificate Band B