Substantial, centrally located V4+3 villa with large pool and gardens

Albufeira, Faro, Portugal, 8200-127

For Sale

€1,550,000

REF: 742741 €1,550,000


7

7

Description

This recently renovated and extended substantial family villa will be perfect for buyers looking for a conveniently located family residence or potential holiday rental investment. With four formal bedrooms plus a further three rooms for guests, study, atelier etc; Steps away from shopping, nightlife and sports facilities. This is a substantial, modern home v4+3 that was recently extended and fully renovated to provide fine living accommodation for a large, multigenerational family or continued use as a holiday rental income generator. Boasting an interesting layout of almost 400m2 within a large plot exceeding 850m2, this individually designed home has four bedroom suites to the first floor.

Each of these bedrooms enjoys private access to balconies with views across the garden or across the surrounding area. The design also incorporates a one-bedroom, self-contained apartment on an intermediate floor, plus two bedrooms on the ground floor level that can be used as guest bedrooms or as an office, library room, home cinema, gym etc.

In total, this lovely home has seven fully renovated modern bathrooms with high-end sanitaryware and hot water provided by solar panels. The main living space has muiltiple aspects and is beautifully presented, with a TV snug area, woodburner, a large dining area for up to ten seated and a modern, separate white gloss kitchen. On the outside area there is plenty of space to relax and enjoy the sunny weather with a heated swimming pool, barbecue area and a well maintained garden. The villa is surrounded by similar properties and is within a few steps of Albufeira€™s main shops, cafes, restaurants and around ten minutes walk to Fisherman€™s beach.

It is very much at the heart of hustle and bustle and is adjacent to magnificent municipal sports facilities including pool, football, and gymnasia. Parking is available behind a private gate and visitors may also park on the street. This is a very special permanent residence and will make an excellent, licensed holiday rental with excellent potential returns subject to the reinstatement of formal AL licensing. Albufeira was originally a Moorish fishing village dating back to the 8th Century and it's importance as a City of the past, present and future is largely dependent upon it's central Algarve location.

Situated just 35 minutes from Faro International Airport and situated upon direct train and motorway links to Lisbon, it's a perfect choice for a second home or more permanent living. Nowadays, Albufeira is one of Europe's top destinations for sun-seeking tourists and the wider Municipality is rapidly becoming one of the Algarve's most attractive property hotspots.

With amazing beaches, a superb range of restaurants, cafés, shops and bars and every possible service close at hand, it's not hard to see why Albufeira is such a popular choice. 
This recently renovated and extended substantial family villa will be perfect for buyers looking for a conveniently located family residence or potential holiday rental investment. With four formal bedrooms plus a further three rooms for guests, study, atelier etc; Steps away from shopping, nightlife and sports facilities. This is a substantial, modern home v4+3 that was recently extended and fully renovated to provide fine living accommodation for a large, multigenerational family or continued use as a holiday rental income generator. Boasting an interesting layout of almost 400m2 within a large plot exceeding 850m2, this individually designed home has four bedroom suites to the first floor.

Each of these bedrooms enjoys private access to balconies with views across the garden or across the surrounding area. The design also incorporates a one-bedroom, self-contained apartment on an intermediate floor, plus two bedrooms on the ground floor level that can be used as guest bedrooms or as an office, library room, home cinema, gym etc.

In total, this lovely home has seven fully renovated modern bathrooms with high-end sanitaryware and hot water provided by solar panels. The main living space has muiltiple aspects and is beautifully presented, with a TV snug area, woodburner, a large dining area for up to ten seated and a modern, separate white gloss kitchen. On the outside area there is plenty of space to relax and enjoy the sunny weather with a heated swimming pool, barbecue area and a well maintained garden. The villa is surrounded by similar properties and is within a few steps of Albufeira€™s main shops, cafes, restaurants and around ten minutes walk to Fisherman€™s beach.

It is very much at the heart of hustle and bustle and is adjacent to magnificent municipal sports facilities including pool, football, and gymnasia. Parking is available behind a private gate and visitors may also park on the street. This is a very special permanent residence and will make an excellent, licensed holiday rental with excellent potential returns subject to the reinstatement of formal AL licensing. Albufeira was originally a Moorish fishing village dating back to the 8th Century and it's importance as a City of the past, present and future is largely dependent upon it's central Algarve location.

Situated just 35 minutes from Faro International Airport and situated upon direct train and motorway links to Lisbon, it's a perfect choice for a second home or more permanent living. Nowadays, Albufeira is one of Europe's top destinations for sun-seeking tourists and the wider Municipality is rapidly becoming one of the Algarve's most attractive property hotspots.

With amazing beaches, a superb range of restaurants, cafés, shops and bars and every possible service close at hand, it's not hard to see why Albufeira is such a popular choice. 
Read More

Property on Map

#CN10235

Currency Exchange

Albufeira, Faro, Portugal, 8200-127

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,550,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,550,000 £1,318,570 £1,358,560 £39,990
Property Price € €1,550,000
Minimum cost in the last six months £1,318,570
Maximum cost in the last six months £1,358,560
Fluctuating exchange rates over the last six months could have increased the cost of this property by £39,990

Albufeira, Faro, Portugal, 8200-127

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,550,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,550,000 £1,318,570 £1,358,560 £39,990
Property Price € €1,550,000
Minimum cost in the last six months £1,318,570
Maximum cost in the last six months £1,358,560
Fluctuating exchange rates over the last six months could have increased the cost of this property by £39,990

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £39,990 more.

Read More







No     Yes



No     Yes

I agree to be connected with a trusted property agent who will receive these details.
We handle your data with care and only ever as outlined in our Privacy Policy

Loading..
We use cookies to improve your experience on our website. By browsing this website, you agree to our use of cookies.