3 Bedroom Villa For Sale in Luz de Tavira

Property in Portugal

Villa for sale in Luz de tavira

A modern three bedroom villa for sale in Luz de Tavira, situated near the Ria Formosa in the East Algarve.

Approximately five minutes away from the city of Tavira, it’s conveniently located close to all the needed amenities, public transportation and is only twenty minutes from Faro airport making it an ideal holiday home in the sun or rental investment in the Algarve.

Nestled on a plot of 447,07m2, this is the tenth villa available out of a total of fifteen. Offering amazing views of the Ria Formosa, it’s currently being developed by a well-known builder who is recognised for using high quality materials providing a polished result.

All villas will have their own private swimming pool at the front of the property with a garden towards the rear creating a sense of living within a community but with your own privacy and no condominium fees.

Upon entering the property, you are immediately welcomed by an open plan living/dining and kitchen area. The kitchen will be fully equipped with top quality appliances so if you want to enjoy a hearty home cooked meal, you can do so to your heart's content.

There is also a guest bathroom and bedroom on this floor providing wheelchair accessibility.

Upstairs, there are two bedrooms, both equipped with their own en-suite bathrooms, fitted wardrobes and access to a large balcony overlooking the estuary.

On the top floor there is a large roof terrace, an ideal spot to soak up the Algarvian sunshine year round, enjoy some al-fresco dining or better yet, why not install a Jacuzzi and unwind with a beverage of your choice to a picturesque sunset!

Overall, this villa and all the others are a project like no other and are an amazing investment opportunity if you’re wanting to buy a property in the Algarve in order to generate an additional income through holiday rentals. Not only are they a great rental property, but they would also be a great family home if you’re wanting to relocate to Portugal for a better quality of life.

Tavira is one of the oldest Moorish towns in Eastern Algarve, concealing a charismatic heritage until this day, becoming one of the finest resort towns in the area. The town extends along the river banks of Gilão, where Moorish influences beautifully compliment the deep-rooted Portuguese traditional culture.

Explore the magnificent buildings and historic churches along the river through the cobbled streets, take a taxi-boat and dive into the Caribbean-Like Islands of Cabanas and Barril located just off the main town.

Mortgage Simulation: Duration / Period: 30 years / 360 months

Purchase Price: 565,500€
20% Deposit / Down Payment: 113,100€
Finance: 452,400€
Interest Rate: 0.9%
Monthly Payment: 1,434.41€

Mortgage Simulation: Duration / Period: 40 years / 480 months

Purchase Price: 565,500€
20% Deposit / Down Payment: 113,100€
Finance: 452,400€
Interest Rate: 0.9%
Monthly Payment: 1,122.66€