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Fabulous investment opportunity–6 bed villa – permission to extend or change into hotel. fabulous views over mindelo bay, são vicente. price €500000

Only 500,000 €
Alto Sao Nicolau, ,
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Description

currently a 6 bed, 7 bathroom villa spread over 3 floors, built in the 90s – needs updating / modernisation
site over 1000 m2 – plenty of room for extensions
garage for 4 cars – 130 m2 – on lower floor
large entrance, open plan lounge, dining room, large kitchen with built in cupboards with balcony
covered patio off kitchen & dining areas
main bedroom suite on top floor with magnificent views of mindelo bay
some of the best views on the island of mindelo marina & port and whole area of lazareto
terraces on upper floors with bbq area and gardens all with fantastic views
sought after location – 7 minutes walk to mondelo town centre and praia da liginha
area has best restaurants in town, music & concert venues, theatres, traditional markets, new square, cultural centre, shops & boutiques
option to increase accommodation by 10 suites, all overlooking the port and adding a 25 meter pool
another option is to demolish and replace with 54+ room hotel
this property offers various options to extend, renovate or replace the existing building
rarely does land / buildings come on the market
são vicente is experiencing a growing demand for good quality tourist accommodation
additional plans available
priced at only €500,000

Address: Alto Sao Nicolau
City:
State/County:
Zip: 4111
Country: Cape Verde
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Property Id : 19943
Price: Only 500,000 €
Property Lot Size: 1,000.00 m2
Bedrooms: 6
Bathrooms: 7
Roofing: Tiles and concret
Structure Type: Cement
Floors No: 1
Other Features
Balcony
Close to the Beach
Sea View
Street view
Terrace

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Tim Williams

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As a fourth generation realtor, I was raised in a family where real estate was the primary ...

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