3 bedroom villa for sale
Portugal - Almancil, Algarve
like this property?Call: 03339 396379
- Communal Swimming Pool
- lush green gardens
- close to the conrad hotel
- close to Quinta do Lago
- very close to faro airport
- large villas
- set in nature
- low running costs
- great rental returns
- close to been completed
Owner, Duncan Bannatyne, offers these 5 amazing luxury linked villas, located on a private lot in a gated community which reflect nothing more than the best quality in designs and finishes.
Perfect for a family or as a holiday retreat house, villas are ideally placed to enjoy the proximity of beaches in 5 minutes.
Equipped with large swimming pool, fully equipped kitchen of high features, private parking, 3 large terraces by villa, air conditioning, underfloor heating, electric shutters, these charming villas are perfect for the fun-seeker modern contemporary homes.
Wake up each morning, inspired by the perfect sunrise sunset and the drift off to sleep each night with the murmur of nature.
Den fit for a Dragon: Duncan Bannatyne buys Portuguese villa
Duncan Bannatyne has purchased a five bedroom villa in Portugal. The entrepreneur, who is best known for being one of the "Dragons" on the BBC series Dragons' Den, has a net worth of approximately £175 million, according to the Sunday Times Rich List 2014.
After retiring to Portugal, Bannatyne decided to brand out into the Iberian market, redeveloping an exclusive range of properties in partnership with real estate company Ideal Homes Portugal.
Bannatyne has sourced five houses in the town of Almancil that had been partly developed when the Portuguese recession struck. Work on the properties was abandoned due to the financial crisis, but Bannatyne is now nurturing them back to life, with a view to turning them into dream holiday homes for buyers to use either for themselves or as a rental investment.
Bannatyne said: "The recession hit Portugal pretty badly. However, all of us living here can see a marked upturn in the prosperity of the country. In my opinion property prices in the Algarve are selling below their true value and will rise quickly over the next few years.
"The recovery in the property market in southern Spain has been rapid and sustained. The effect is spreading to Portugal and the Algarve is at the beginning of a remarkable upturn. I have invested at a time when these properties are still within reach of those with an appetite for a place in the sun and an understanding of the need to buy at the right price and the right time."
Several of the properties, which each feature two sun terraces, three en-suite bedrooms, private garden and access to a generously sized pool, have already attracted interest from potential buyers.
Chris White, founding director of Ideal Homes Portugal, which is developing the properties in partnership with Duncan Bannatyne, said: "The Overseas Property Show is always a great place to connect would-be buyers with their dream Portuguese property, whether it's a home built by a dragon or a unique local business with a rich history, like the fabulous Café des Ingles in Silves.
"Visitors to the show also get to grill the local experts who attend on everything from the state of the Portuguese property market to what the Algarve expat lifestyle really entails."
to find out more visit www.idealhomesinternational.co.uk
Under Floor Heating
Walking Distance to beach
- Faro (International), 10.5 miles
*Distances are straight line measurements. This feature is currently in beta.