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Immediate Renovation Opportunity - Sea View

Vale Formoso

POA

Key Details

Reference: 1013
Floors: 2
Pool: Yes
Year: 2009
Energy Certificate: E
Garden: Yes
Construction Area: 219 m2
Views: Sea views
Water: Mains
Plot Size: TBA
Location: Vale Formoso, Almancil
Parking: Off street
Bedrooms: 5
Classification: Coastal village
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Characteristics

Central heating radiators
Central vacuum cleaning
Wine cellar
Under floor heating
Sound surround system
Gym
Under floor heating & cooling
Intelligent home
Laundry
Air conditioning
Fireplace
Dressing room/ Walk-in
Solar panels
BBQ
Sauna / Steam room
Water softener
Outdoor kitchen / bar
Jacuzzi
Double glazing
Basement
Tennis court
Shutters
Games room
Heliport
Mosquito netting
Study
Elevator
Electric gate
Home cinema
Putting green
Alarm
TV room
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Quick Tour

Exciting opportunity to renovate this existing south facing villa with pool into a cozy home. Enjoying beautiful sea views, with a townhouse type atmosphere, nestled between a cluster of villas on the hillside of Vale Formosa only minutes from the beaches and golf resorts of Quinta do Lago and Vale do Lobo.

Whilst the villa is surprisingly bright, it currently has separate divisions for the living room, kitchen and dining room plus 5 bedrooms. Changing to a more open plan layout with 3 to 4 bedrooms(perhaps an office) would transform this house into an amazing home. Additionally the choice is yours to decide which rooms you want to have the best views. The beautiful sea view from the ground floor is to the left (but that view is still visible from the entire length of covered terrace and from within the villa), and the first floor has uninterrupted ocean views from east to west.

Renovation works could begin immediately since no planning permission is needed. There are also a number of attractive traditional features which you may want to incorporate in the renovation whether your dream villa style will be a traditional quinta or a modern contemporary home

Current Layout

Ground floor consists of a large kitchen, separate laundry, spacious living room with traditional curved fireplace, dinning room, one ensuite bedroom and 2 more bedrooms that share a separate bathroom. Then up the spiral staircase with a moon shaped skylight, the first floor has a landing and 2 bedrooms(that share a separate bathroom) both with sea views and access to a good sized terrace. Back to the ground level - a terrace runs the entire south length and down a few stairs we reach the pool. On this level there is an old pizza oven and a toilet and outdoor shower. On the north side of the property is a fair size space which can be a garden or parking space(or a mix)

Location

There are a variety of restaurants and cafes within walking distance. A short drive to supermarkets (including Apolonia), beaches, golf, tennis, MAR Shopping/Ikea, international schools, etc. The bustling Portuguese town of Loule which also has a market, cobble stoned walk ways, a private hospital and has regular cultural events, is less than 10 mins and Faro Airport is just 20 minutes away.

An exciting opportunity for someone wanting to start a project straight away!

More on the Location
Algarve has an exceptional mobility index with Faro International Airport, Portimão Private Airport, 3 airfields and 5 heliports. Due to a wider option of direct flights, travellers often choose Lisbon Aiport and take a 2-hour drive to reach the Algarve. For yacht owners and fishing enthusiasts, there are 4 marinas and 3 ports. For health care, Algarve has 3 public hospitals, many private facilities, and a Centro de Saude in each town. Besides public schools in every city, there are also 6 International schools. And with over 300 days of sunshine and 250 km of coastline varying from smooth golden beaches to dramatic red cliffs leaning over the stunning blue ocean there are also plenty of historic attractions, a beautiful countryside, more than 40 golf courses, numerous sports activities/facilities and much more.

Abloom Boutique Real Estate is rated by its clients as the best in local market knowledge. Their portfolio of exclusive properties in the Golden Triangle and the Central Algarve country side as well as their ability to always connect the right buyer to the perfect product ensures they are the top choice of realtor for all their client´s future transactions. Their reputation of professionalism, integrity, local market knowledge and that personal touch wins them sale after sale.


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ABOUT THE LOCATION

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(Exact location not shown due to client privacy)