A brand new, contemporary three bedroom villa for sale in Almancil, situated more specifically in Vale do Garrão it is just minutes away from amazing golf courses and the beautiful beaches of Vale do Lobo and Quinta do Lago.

Due for completion in November 2020, this modern villa is built over two floors and offers high quality fixtures and fittings throughout.

On the ground floor there is one of three bedrooms, this comes equipped with its own en-suite bathroom for convenience, however, there is also a WC on this level along with a top quality, fully fitted kitchen with a pantry, storage space and an open plan living room with a dining area.

Upstairs comprises the additional two bedrooms both of which also come with their own en-suite bathrooms and one has private access to a spacious terrace that faces the Ria Formosa - providing a great spot to kick back and relax.

This property will also have its own gaming room making it a great family property whether you are looking to use it as a permanent residence, a holiday home or purely as a rental investment.

Private parking is available as you will have your own garage perfectly sized for one vehicle.

Externally, there is a BBQ area and a swimming pool has been installed which is another great feature for properties in Portugal as it provides a way of cooling down in the warmer summer months.

Further features with this property include AC throughout, double glazed windows, underfloor heating and a fireplace.

Due to its superb location, this villa for sale in the Algarve is a great investment if you are wanting to move to Portugal full time, purchase a holiday home in the sun or use it as a way of making an additional income through holiday rentals.

Many holidaymakers who come to Portugal for its prestigious golf resorts would book this property as it has such a great quality and is ideally situated for easy access to all necessary amenities and services.

There is a high demand for holiday properties and short term lets in the central Algarve that are close to beaches, waterparks and adventure parks for all ages.

Loulé is the largest municipality in central Algarve, highlighting festive summer nights such as the Noite Branca (White Night) enjoyed by both locals and tourists, all wearing white, converge on the streets, where a dazzling display of music, dance and traditional foods.

Rental Simulation P Week:
Spring (01 April - 31 May) - 1,650
Early Summer (01 - 30 June) - 1,900
Summer (01 July - 15 September) - 2,500
Late Summer (16 - 30 September) - 1,900
Autumn (01 - 31 October) - 1,650
Winter (01 Nov - 31 March) - 1,200

Mortgage simulation:

Purchase Price - 1 250 000                                Purchase Price - 1 250 000
Deposit Down Payment - 250 000 (20%)      Deposit Down Payment - 250 000 (20%)
Finance Amount - 1 000 000                              Finance Amount - 1 000 000
Interest Rate - 0.873%                                    Interest Rate - 0.873%
Term Period - 30 years 360 months              Term Period - 40 years 480 months
Monthly Payments - 3158.39                       Monthly Payments - 2468.96 - REF: IDH32103