£883,968

5 bed villa for sale

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£883,968

€1,050,000

5 bed villa for sale

Cerro Grande, Albufeira E Olhos De Água, Albufeira Algarve

5 beds

Local area information

Property location

Nearby amenities

Features and description

  • 5 bedrooms
  • Total area: 500 sqm
  • Swimming Pool
  • Air conditioning
  • Condition: Used
  • 5 bathrooms
  • Sea views
This splendid five bedroom (3+2) detached home blends traditional Portuguese charm with thoughtful modern upgrades, set in the highly desirable Cerro Grande area of Albufeira. Enjoying an elevated position, the property boasts exceptional views across the coastline, marina, and the Atlantic Ocean from various rooms, terraces, and its beautifully landscaped gardens.

Registered with a valid Alojamento Local (al) licence, the villa has operated as a successful holiday rental, benefitting from strong year-round occupancy thanks to its prime location, quality finishes, and flexible accommodation. With the option to continue holiday rental, this property presents a rare opportunity for buyers seeking both a lifestyle home and a potential income-generating asset.

Externally, the recently installed heated pool is surrounded by a sleek timber deck—an ideal space to relax and entertain under the Algarve sun. The mature, low-maintenance gardens feature natural paving and Mediterranean planting, creating a private and serene environment. All windows and doors were replaced in 2024, significantly enhancing energy efficiency and modern appeal.

Inside, the villa retains much of its original character while offering modern convenience. The fully equipped kitchen and stylish bathroom upgrades complement traditional elements such as preserved flooring and bespoke built-in features. There are three ensuite bedrooms, including a fully self-contained suite with independent access—ideal for guests or extended family.

Additional rooms offer versatility as a home office, atelier, or children’s playroom. The bright and welcoming living/dining room features French doors opening onto a west-facing terrace with panoramic sea and marina views, perfect for enjoying the sunset. An adjacent barbecue area creates a seamless indoor-outdoor flow for entertaining.

On the lower level, a garage, storage room, and WC provide practical space that could be adapted into a workshop, games room, or hobby space.
Within walking distance to local amenities, the beach, restaurants, supermarkets, and Albufeira’s historic old town, this villa is perfectly placed for convenience and leisure. With Cerro Novo’s professional property management and rental team available to assist, this is an ideal turnkey solution for anyone looking to enjoy the Algarve lifestyle with the added benefit of rental flexibility.
Ref: CNV6877

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Property descriptions and related information displayed on this page are marketing materials provided by - Cerro Novo Lda. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cerro Novo Lda for full details and further information.

  1. Zoopla
  2. Overseas
  3. Portugal
  4. Algarve
  5. Central Algarve
  6. Albufeira
  7. Albufeira e Olhos de Água