5 bedroom villa, with deep refurbishment required, located in the centre of Parede, only 5 minutes away, on foot, to the beach. The villa is inserted in a private condominium, with garden and swimming pool, composed by four villas. This villa is composed by a ground floor and a first floor, distributed as follows: - an entry hall - a 40 sqm living room with a fireplace and with direct access to a private patio - a 16 sqm kitchen with pantry - a 32 sqm suite - four bedrooms (16 sqm + 15 sqm+ 14 sqm + 14 sqm) - a social bathroom The villa comprises two private patios (52,50 sqm + 66,50 sqm). The basement (100 sqm) integrates a multipurpose room and a games’ room and has direct access to a garage with parking space for two cars. The villa also includes an attic that can be used for several purposes. It has an approved project to construct a 5 bedroom apartment with five suites and it can be sold completely remodelled for 1.300.000€. This is a golden opportunity to invest due to its location, only 5 minutes away, on foot, from the Parede and Bafureira beaches and close to local business, transportation, services and traditional restaurants.