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Spacious 3 Bedroom Villa For Sale in Porches

In Lagoa, Lagoa

villas for sale lagoa,portugal property,algarve real estate,homes for sale algarve

715.000 €
  • 3
  • 2
  • 345 m2
Energetic Certification
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flag Property in Portugal

Villa for sale in Lagoa

A traditional and spacious three bedroom villa for sale in Porches, offering great potential for a renovation project to be used as a family home, vacation home in the sun or as a way of generating a rental income.

This villa is a canvas if you are wanting to design and transform a home into a way that matches your own personal taste whether it be modern, chic or more a traditional style, this is an opportunity to bring this property back to life.

Comprising a spacious living room with dining area, fireplace and a great covered, terraced area surrounded by glass doors enabling lots of light to brighten up this space. On the ground floor there is also a pantry and large fully equipped kitchen, this area also connects to the glassed area so you could enjoy a light breakfast or evening meal while looking over the recently renovated garden.

A spacious double bedroom and bathroom is on the lower level making it a great place for people to stay who can not go up to the second floor.

Upstairs there are an additional two bedrooms, both equipped with fitted wardrobes and access to a large terrace. A shared bathroom comes equipped with a corner bath but could be replaced for something more recent if desired.

The upstairs terrace is extremely big and could potentially be used, with the right permissions, to convert into two additional bedrooms and bathrooms.

Outside in the garden there is a medium sized swimming pool which does need to be repaired but once complete, provides a great space to entertain family and friends especially in the summer months. A private garage is available along with an outdoor BBQ.

Situated in a quiet residential area, this property is just a short ten minutes away from Praia de Nossa Senhora da Rocha, five minutes from porches and Armação de Pêra as well as being ten minutes from the international school. All of which combined gives this property an extremely enviable location as it is conveniently located between major towns and cities where there are a variety of amenities, restaurants, cafes and more!

Lagoa itself is a small town on the Western Algarve renowned for its winery production, its closeness to award winning beaches along with a great water quality and environment. The charming city centre is filled with whitewashed houses, creating the perfect backdrop for romantic walks or a favourite holiday destination.

Mortgage simulation:

Purchase Price - 715 000€                                Purchase Price - 715 000€
Deposit / Down Payment - 143 000€ (20%)       Deposit / Down Payment - 143 000€ (20%)
Finance Amount - 572 000€                             Finance Amount - 572 000€
Interest Rate - 0.873%                                    Interest Rate - 0.873%
Term / Period - 30 years / 360 months              Term / Period - 40 years / 480 months
Monthly Payments - 1806.60€                           Monthly Payments - 1412.25€


Property Details

  • Reference IDH31994
  • Type Villa
  • Built year 2001
  • Certification C
  • Bedroom(s) 3
  • Bathroom(s) 2
  • House area 345 m2
  • Land area 1080 m2
  • Zone Lagoa
  • Region Faro
  • Features:
  • Open Plan Living/Dining
  • Double Glazed Windows
  • Fully Fitted Kitchen
  • Hydro Massage Bath
  • Fireplace
  • Fireplace
  • Storage Room
  • Manual Shutters
  • Fitted Wardrobes
  • Laundry Room
  • Garage
  • Pool
  • Garden
  • Outdoor BBQ/Grill
  • Fully Fenced
  • Village View
  • Country View
  • Gated Entrance
  • Covered Terraces
  • Exterior Lighting
  • Freshwater Pool
  • Pet Friendly
  • Traditional Architecture
  • Terrace
  • Garage
  • Parking Space