3 bedroom villa for sale
Portugal - Lagoa, Algarve
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- Versatile property ideal for someone looking to invest
- Bathroom and en suite
- Three double bedrooms
- Privare sun terrace with distant views of the sea
- Private single garage
- Potential £800 per week for peak season holiday rentals
- Close to local amenities
- Ideal holiday letting potential
- Private swimming pool
- Gated access and driveway parking for several vehicles
This idyllic detached villa is situated within the popular residential area of Sesmarias in Carvoeiro.
There are an array of local amenities and tourist hotspots within the immediate area including shopping facilities, bars and restaurants.
The famous Pestana golf resort is located just 2km from the property and is also surrounded by many other leisure facilities such as swimming pools, sauna, hot tubs, tennis courts and driving range.
There is a popular slide and splash water park is nearby to the property offering a great day out with activities including slides, pools and rides plus live falconry, reptile and tropical bird shows.
The charming Carvoeiro beach is just minutes' drive from the property with its idyllic sandy beach and clear waters. In recent years it has become a cosmopolitan tourist centre attracting travellers worldwide to visit it's many secluded beaches and hidden caves.
Lagoa is a beautiful town with many typical Algarvean characteristics. It's coastline is a series of brightly coloured cliffs, caves and beaches with clear waters.
Within central Algarve you will find the ever popular destinations of Albufeira and Vilamoura offering a wide selection of other tourist attractions, vibrant nightlife and sporting facilities.
Faro Airport is located approximately 65km east of the property and can be reached by car within 45 minutes.
Offered to the market with immediate vacant possession this architect designed traditional Algarvean villa, which was constructed in the 1980's.
The property is set within a sizable plot of 540 sq m (5812 sq ft) with the villa itself providing over 2000 sq ft internal accommodation set over two floors and has the added benefit of security gates, making this an ideal 'lock up and leave' investment, with excellent potential for holiday rental income. Internally the accommodation is very light and airy creating the feeling of space with in all aspects of the villa.
To the ground floor the accommodation comprises downstairs cloakroom and separate WC, spacious open plan dining / living room with feature log burning stove and double doors leading out onto a delightful sun terrace. There is a fitted kitchen having a range of eye level and base units fully equipped with free standing gas oven and hob, microwave and washing machine.
The property benefits from having both a family bathroom and shower room together with a separate WC all of which have been recently fitted and comprise of WC, wash hand basin and bath or shower facilities. Each of the three double bedrooms feature traditional hand painted Portuguese furniture. With two bedrooms located to the ground floor and the master suite is located to the first floor having a separate lounge area and a delightful sun terrace which enjoys the distant sea views.
Externally the property enjoys a single garage ideal for parking or additional storage purposes. There is ample driveway parking with security gates and private swimming pool, large brick built BBQ with outdoor dining area and additional patio areas making this an ideal family home or holiday letting investment appealing to a wide variety of purchasers.
Potentially there is scope for extension to the property in particular an upper floor extension/sun terrace subject to the necessary planning consent. Potential development opportunity as well as being either a holiday home or permanent abode.
Other features include: secure gated driveway, marble flooring throughout and air conditioning for both cooling and heating, a plasma screen TV and sound system.
Potential Holiday Let
The property is currently being utilised as a holiday home for the present owner but has great potential to become a successful holiday let.
We estimate the property could let for £800 per week in peak seasons (from May to September) and £600 per week in the remaining months (October to April). Representing a potential gross annual yield of 11.3%.
Fixtures & Fittings
Most of the fixtures, fittings and furniture are included in the sale of the property, with the exception of certain personal objects belonging to the present owners.
We understand the property has mains electricity, water and drainage. There is a gas hob in the property which runs off LPG.
Fixtures & Fittings
Most of the fixtures and fittings are included in the sale of the property, with the exception of certain personal objects.
Please contact the agents selling the property for further details:
John Pye Property.
Telephone: 0115 970 6060
More information from this agent
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