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 bathroomThe 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.