A charming farmhouse for sale in Luz de Tavira, a pleasant and peaceful location in the Eastern Algarve.

With a plot size of 216,617m2 and a total construction area of 1055,2 m2, this farm for sale has great potential. As it is located in a quiet area while still being close to everyday amenities, this property provides great potential for rural tourism in the Algarve where you can quite literally be at one with nature.

Spread across this plot there are a traditional villa, another villa with 2 beds and a total of five separate ruins. The villa itself comprises two living rooms, a kitchen, four bedrooms, three bathrooms and a large terrace.

Within the second villa there are two bedrooms, a bathroom, living room and kitchen making this another habitable area.

Outside there is a generously sized swimming pool and garden area that is home to an array of fruit trees as well as a private garage for parking.

The given five ruins increase the possibility to make the farm even bigger, which makes this farm the perfect investment opportunity.

Tavira is one of the oldest Moorish towns in Eastern Algarve, concealing a charismatic heritage until this day, becoming one of the finest resort towns in the area. The town extends along the river banks of Gilão, where Moorish influence beautifully compliments the deep-rooted Portuguese traditional culture.

Explore the magnificent buildings and historic churches along the river through the cobbled streets, take a taxi-boat and dive into the Caribbean-Like Islands of Cabanas and Barril located just off the main town.

Mortgage simulation:

Purchase Price - 2 300 000                                Purchase Price - 2 300 000
Deposit Down Payment - 460 000 (20%)      Deposit Down Payment - 460 000 (20%)
Finance Amount - 1 840 000                              Finance Amount - 1840 000
Interest Rate - 0.873%                                    Interest Rate - 0.873%
Term Period - 30 years 360 months              Term Period - 40 years 480 months
Monthly Payments - 5811.44                            Monthly Payments - 4542.89
- REF: IDH32072