Great investment villa near Albufeira - This stunning three-bedroom villa on the outskirts of Albufeira has a feature swimming pool, terraces and landscaped garden. It boasts over 200m2 of comfortable living space - ideal for permanent living or rental investment.
Priced at just €410,000, which with the current favourable Sterling exchange rates, is just over £301,000, this spacious two-storey home is situated just five minutes west of Albufeira in the small urbanisation of Sesmarias.
Sesmarias is a small and pretty district in the heart of the golfing scene, close to fabulous beaches with their prestigious Blue Flags and not far from Albufeira with its wonderful marina and shopping areas.
Immaculate, light and airy, the villa boasts plenty of extras, including an entry security phone system, air conditioning, shutters and grills, satellite TV and a separate laundry.
The open plan living room is large and light with high ceilings and tall picture windows plus an open fireplace with decorative mantle. There’s even a feature fountain which feeds a small waterfall into the swimming pool outside!
The separate dining room is also well proportioned and comes with an unusual brick feature ceiling with recessed lighting.
The family sized kitchen has lots of cabinets for storage, a double sink and plenty of work surfaces; it’s also fully fitted and has traditional Portuguese tiles. There are three spacious bedrooms, each en-suite with equally well appointed bathrooms, two of which have ‘his ’n hers’ basins, the home has over 200m2 of living space.
Outside is equally well designed. The carport keeps your vehicle shaded and cool in the hot summers, while the swimming pool has an unusual shape and is surrounded by patios and landscaped gardens. There’s a covered patio for dining al fresco all year round. An additional external staircase to the upper terrace and bedrooms means you can roll out of bed and down to the pool, and no wet bodies dripping through the house!
And the bonus for investing in this lovely property?
The house has previously been used for holiday rentals and, if you wish, the owner will sell the furniture at a negotiated price, which means you can just walk in with your suitcases and begin your new life. Or you can use this lovely villa for your own holidays and rent it out when you’re not there.
With the current rate of exchange between the pound and the euro, the Algarve property market is most favourable for Brits. Algarve property prices are still low (although climbing) so there has never been a better time to invest. Everyone stands to gain as the Algarve house prices are predicted to keep rising back to pre-2012 values in this region.
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