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3 Bed Villa for sale

Loule, Algarve, Portugal

£543,975 *

 [€595,000]

Property Details

  • Bedrooms: 3
  • Bathrooms: 3
  • Plot size: 16000 m2
  • Habitable space: 130 m2

Features

  • Air conditioning
  • Central heating
  • Garden
  • Central location
  • Swimming pool
  • Balcony
  • Energy Certificate: free

Full Description

A renovation project is currently underway to restore, improve and update a 1937 villa located at the entrance to Albufeira. On a plot size of 16,000m2 there is a lot of potential to add your own special requirements if desired.

With the right permission, it could be used as a farm to house farm animals for personal purposes, if a horse lover, why not build a stable, or quite simply leave the large landscaped gardens for friends and family to play and enjoy.

A design is already in place to convert the property into a T2+1 villa with an approximate size of 130m2. The ground floor will be comprised of a large open plan lounge, dining area and a high spec kitchen which will be fully fitted with cabinets for lots of storage - additionally two bedrooms, one having an en-suite, along with a guest bathroom can all be found on the ground floor. A mezzanine will be available which will home the third bedroom and third bathroom, making this a second en-suite.

Some features included internally will be air-conditioning in the living room and bedrooms, fitted wardrobes in all bedrooms along with ceramic floors to imitate wood, bathrooms will have suspended fixtures installed, a central vacuum system, double glazed windows, electric blinds and a security system. Additionally, underfloor heating will be provided, with water connected to the solar panels and a heat pump, which is extremely energy efficient.

Externally, there will be large landscaped gardens with an automatic irrigation system installed, a private pool, BBQ area, solar panels to heat the water supply, and entry to the property will be secure as it will be electronically gated. Another feature will be cappotto insulation on the exterior walls which will reduce unwanted heat loss or gain, and can decrease the energy demands of heating cooling systems

There is an opportunity to increase how many bedrooms are being built, augment to living room and the installation of a garage, potentially bringing the size of this property up to a great 300m2.

Overall, this renovation project has great potential to become the home you have always dreamed of for relocation or retirements purposes, even as a great rental investment.
- REF: IDH30875

This property listing (ref: IDH30875) is an advertisement supplied by Ideal Homes Portugal and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.9142 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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