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2 Bedroom Villa for Sale in Olhão

In Olhão, Olhão

villa for sale in Olhão,algarve property

795.000 €
  • 2
  • 2
  • 187.95 m2
Energetic Certification
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Description

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flag Property in Portugal

Villa for sale in Olhão

This two-bedroom villa with 9000m2 of agricultural land is for sale in Moncarapacho, Olhão, with direct views of the Ria Formosa.


On the ground floor the property features an entrance lobby and a traditional style kitchen leading to a bright and airy living/dining room. The generously proportioned kitchen offers plenty of space for dining. There is access to a large terrace creating the perfect seating area to enjoy the country views.


This floor also features a conservatory which has the potential to be used as a laundry room and a guest bathroom. The conservatory leads to the back of the property which comprises a private parking space and access to a spacious, single garage with ample storage space. The garage has stairs leading to a further terrace with views of the Ria Formosa.


On the first floor the villa offers two bedrooms and a bathroom with a walk-in shower. The master bedroom benefits from sliding doors leading out onto a terrace.


The villa is ready to move into, however, it could benefit from a renovation, it boasts great potential making this a fantastic investment.


The property has a council permit to build 220m2 of the land area of 9000m2. This space could be used to build a pool or to extend the annexed buildings adjacent to the building.


Due to the prime location of the land it has the potential to be used for various services such as a restaurant or bed and breakfast.


Located ten minutes from the picturesque Fuseta and within close proximity to the town of Olhão, everything that you need is in close proximity. Fuseta is surrounded by the Ria Formosa Natural Park, a magnificent sight to see, home to a variety of unique bird species, breath-taking lagoons and wildlife. Faro airport is also located just a short fifteen-minute drive from the property.


Mortgage Simulation: Duration / Period: 30 years / 360 months
Purchase Price: 795,000€
20% Deposit / Down Payment: 159,000€
Finance: 636,000€
Interest Rate: 0.9%
Monthly Payment: 2,016.54€


Mortgage Simulation: Duration / Period: 40 years / 480 months
Purchase Price: 795,000€
20% Deposit / Down Payment: 159,000€
Finance: 636,000€
Interest Rate: 0.9%
Monthly Payment: 1,578.27€


Rental Simulation:
Season and Rate per week
Spring (01 April - 31 May) - €1500
Easter Week (Dates will vary) -€2100
Early Summer (01 - 30 June) -€2100
Summer (01 July - 15 September) -€2500
Late Summer (15 - 30 September) - €2100
Autumn (01 - 31 October) -€1800
Winter (01 Nov - 31 March) -€1000

 
 
 
 
 

Property Details

  • Reference IDH32849
  • Type Villa
  • Certification D
  • Bedroom(s) 2
  • Bathroom(s) 2
  • House area 187.95 m2
  • Land area 9000 m2
  • Zone Olhão
  • Region Faro
  • Features:
  • Air conditioning
  • Open Plan Living/Dining
  • Fully Fitted Kitchen
  • Walking distance to beach
  • Garden
  • Country View
  • Near Beach
  • Terrace
  • Driveway
  • Uninterrupted views