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Algarve Villa for sale
Loulé Quinta do Lago | Ref: 06303
Bedrooms:  5
Year:  1988
House Area:  450 m2
Plot Area:  8900 m2
Price:  9,950,000.00 | £8 577 586
UNIQUE PROPERTY IN THE HEART OF QUINTA DO LAGO
This very spacious villa sits in an abundance of land as the middle plot of a total of 3 plots. It is very rare to find a double plot within the Quinta do Lago Estate so this property with 3 plots is a one time opportunity to create a fabulous Estate within a fabulous Estate. The first plot is used for the only garden, the middle plot has the villa and the third plot is home to a full-size tennis court and a great Koi Carp pond. The property consist of: Entrance hall with Guest WC, very spacious lounge with circular fire place and a snug area. Dining room and a glass-enclosed elegant winter lounge. The fully fitted and equipped kitchen has a breakfast area and from the kitchen, there is a laundry room. On the ground floor you also find the master bedroom with a bathroom and dressing area and two more bedrooms each with a private bathroom an full Sauna with its own rest area and bathroom complete the ground floor. The first floor offers: Great open landing with fire place and a sitting / office area. A further 2 bedrooms each with their own bathrooms and private roof terraces. The basement is accessed from the hall way and hold the wine cellar and storage rooms. The outside areas offer, a lot of shaded areas either through covered terraces or with sails, there are great el-fresco dining areas and sitting/relax areas. The large heated pool is surrounded by sun terraces and the Jacuzzi is overlooking the pool area. From this area, you have access to the full-size tennis court with lights and the Koi carp pond beyond. Further features are: 2 x entrance gates, 2 boreholes and 2 cisterns, Full alarm system, Double garage, Automatic irrigation, TV connections on the outside, Sonos System outside. The total area consists of three adjacent, independent plots: - A plot of approx. 2910 sqm with a building permit for a villa with 500 sqm plus basement. - A plot of 2830 sqm with a spacious 2 storey villa of 357 sqm. This is a very rare opportunity to design your own paradise in the most privileged area of the Algarve. There is also the option of purchasing individual plots separately.

Portugal Property How to Choose the Right Real Estate

How to Choose the Right Portugal Real Estate for You

Portugal Real Estate has been attracting investors from different parts of world.  

Portugal is not only a perfect place for those looking to live close to nature, but also for those who are seeking for opportunities to grow their trade. However, a major decision like this needs to be deliberated thoroughly. Your investment can turn into a burden if the property will not prove right for you.

Why Buy a Property in Portugal

Portugal is a region in the southernmost part of Europe. For example the Algarve It is not just any region, but the third richest in the country. About 10 million tourists spend their vacation in Algarve each year. The town of Lagos in particular, are popular for its gorgeous beaches, verdant pastures, and spectacular historical sites.

The climate is mild, with infrequent rains during the period from December to March. Summer is when all the fun begins, with most holiday-makers spending their time by the shore. Restaurants are in every corner, serving a wide range of delectable cuisines and wines. Luxury golf courses, nightlife, shopping centres, and supermarkets surround the residential areas.

Factors to Consider When Buying Portugal Real Estate

Portugal Property for sale is not limited to homes, villas, and apartments. There is a Portugal Real Estate for any budget and specification. To find the right property to buy, it will help to consider the factors below.

  • Security. Portugal is an economically stable country. There are instances of inflation, but the real estate industry remains strong. This may attribute to minimal crime rates and low cost of living. Jobs are offered from different sectors—tourism, fishing and aquaculture, manufacturing, etc. A significant portion of the population is content at working from home. Whether you are looking for a property to turn into rented accommodations, to resell for a higher price, or to make your home, you will never go wrong with Portugal property for sale.
  • Budget. Portugal Real Estate prices are lower compared to real estate prices in other European territories. But before you look for a specific property to buy, you need to set your price range first. It can be easy to get persuaded by sales talk from a real estate agent. A little more than your target price will not hurt, but once you go beyond your price range, you may not know when to stop. Stick to your budget to avoid the risks of a financial trouble.

 

Specifications. Determine the specifications of the property you want to buy. Look ahead in the future, and decide what you will use the property for. The number of rooms you need, the size of the kitchen, or the style of the house should be planned well. Portugal Real Estate websites can help you find the property that fits your description. You can also use a Real Estate agent if you are not comfortable about finding a property on your own. Nevertheless, you should check for his or her background first.

 

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