Algarve, Praia da Luz, Portugal

This unique property in the prestigious Ponta da Gaivota development offers a rare opportunity to own a fully renovated villa almost twice the size of the average property in the area. With breathtaking panoramic sea views, high-end finishes, and versatile living spaces, this villa is perfect for those seeking luxury, comfort, and investment potential.

Key Features:

Upstairs:
Spacious Living Area: A bright and airy space with reversible air conditioning and a stylish pellet burner for year-round comfort.
Designer Kitchen: Fully equipped with high-quality appliances, including a wine fridge, Bora induction cooktop, double fridge-freezer, and premium materials.
Bedroom: 1 large en-suite bedroom with modern finishes and direct access to the stunning terrace.
Outdoor Living: Expansive terrace with a fully equipped outdoor kitchen, BBQ area, and electric awnings and shutters for added convenience.
Luxury Touches: Double-glazed, high-quality windows, and an alarm system for security.
Rear Terrace: A spacious and private area with storage—ideal for creating a garden oasis or recreational space.

Downstairs:
Independent Living: Features 3 large en-suite bedrooms, each with its own charm and privacy.
Modern Kitchen: Open-plan layout with an island, induction cooktop, and direct pool access.
Outdoor Amenities: Heated pool (heat pump replacement needed), new terrace tiles, and an outdoor shower.
Functional Spaces: Laundry area, guest toilet, and a separate entrance for added flexibility.

Additional Features:
18 solar panels for energy efficiency.
500-liter solar water heating system.
Covered entry and multiple terraces for seamless indoor-outdoor living.
Low-cost utilities: electricity (220V) and affordable water rates.
IMI property tax approx. €700/year; optional condominium fee of €30/month.
Maintenance costs: €60/month for pool and €50/month for gardening.

Why Choose This Property?
Versatility: Two independent access points make it ideal for multi-family living or rental opportunities.
Investment Potential: Excellent rental yield in one of the Algarve's most sought-after locations.
Turnkey Ready: Renovated to the highest standards with furniture available for negotiation.
Don’t miss the chance to own this one-of-a-kind property in Praia da Luz. Contact us today to schedule your private viewing and explore the endless possibilities this exceptional villa offers!


REF: V1220