Golden Visa Investment Opportunity: Tranquil Alte Countryside Retreat with Pre-1951 Villa Conversion

Loulé, Faro, Portugal, 8100-996

For Sale

€350,000

REF: 702124 €350,000


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Description

Welcome to your dream investment opportunity in the picturesque countryside above Alte. Located in the charming area of Fonte de Arez, this spacious rural plot spans 1027 m2 and offers a truly authentic Algarvian living experience. Boasting breathtaking views of the surrounding countryside and just a short stroll away from a serene natural lake, this property presents a unique chance to immerse yourself in the beauty of the Algarve. Originally a pre-1951 ruin, this property is undergoing an exquisite transformation into a magnificent 2 or 3 bedroom detached villa, tailor-made to your preferences.

As a turnkey property, it provides the ideal canvas for you to shape your dream home. Meticulously renovated to the highest standards, this villa seamlessly combines timeless elements of its past with modern comforts, creating a harmonious and luminous living space. Upon arrival, you'll be greeted by a driveway that leads to ample shaded parking, providing convenience and comfort for you and your guests.

Surrounded by tranquil gardens, the villa offers a sense of serenity while overlooking the idyllic natural landscape. The architect has thoughtfully designed the kitchen and living areas to seamlessly integrate with the outdoors, providing a seamless connection to nature. For those seeking the ultimate in relaxation, an optional addition of a pool can enhance your outdoor oasis.

The bedrooms are generously proportioned, providing an ideal space to unwind and recharge. Rest assured, this property is in the hands of an experienced project manager with an exceptional track record in restoring and rejuvenating traditional Algarve cottages. Every detail of this villa will be completed to the highest standard, ensuring a home of unparalleled quality. Your dream property will be fully constructed within a 6-month timeframe, allowing you to swiftly embrace your new lifestyle.

Moreover, by investing in this villa, you will qualify for the lucrative regeneration scheme, including the esteemed golden visa program. Embrace the opportunity to secure your golden visa and enjoy the remarkable benefits it offers. This property is the epitome of harmonious living, providing a serene retreat surrounded by nature, where peace and tranquility prevail without sacrificing convenience.

Embrace the chance to immerse yourself in the allure of Algarvian life while making a sound investment decision. Don't miss out on this exceptional opportunity to shape your future in the heart of Alte's idyllic countryside.
Welcome to your dream investment opportunity in the picturesque countryside above Alte. Located in the charming area of Fonte de Arez, this spacious rural plot spans 1027 m2 and offers a truly authentic Algarvian living experience. Boasting breathtaking views of the surrounding countryside and just a short stroll away from a serene natural lake, this property presents a unique chance to immerse yourself in the beauty of the Algarve. Originally a pre-1951 ruin, this property is undergoing an exquisite transformation into a magnificent 2 or 3 bedroom detached villa, tailor-made to your preferences.

As a turnkey property, it provides the ideal canvas for you to shape your dream home. Meticulously renovated to the highest standards, this villa seamlessly combines timeless elements of its past with modern comforts, creating a harmonious and luminous living space. Upon arrival, you'll be greeted by a driveway that leads to ample shaded parking, providing convenience and comfort for you and your guests.

Surrounded by tranquil gardens, the villa offers a sense of serenity while overlooking the idyllic natural landscape. The architect has thoughtfully designed the kitchen and living areas to seamlessly integrate with the outdoors, providing a seamless connection to nature. For those seeking the ultimate in relaxation, an optional addition of a pool can enhance your outdoor oasis.

The bedrooms are generously proportioned, providing an ideal space to unwind and recharge. Rest assured, this property is in the hands of an experienced project manager with an exceptional track record in restoring and rejuvenating traditional Algarve cottages. Every detail of this villa will be completed to the highest standard, ensuring a home of unparalleled quality. Your dream property will be fully constructed within a 6-month timeframe, allowing you to swiftly embrace your new lifestyle.

Moreover, by investing in this villa, you will qualify for the lucrative regeneration scheme, including the esteemed golden visa program. Embrace the opportunity to secure your golden visa and enjoy the remarkable benefits it offers. This property is the epitome of harmonious living, providing a serene retreat surrounded by nature, where peace and tranquility prevail without sacrificing convenience.

Embrace the chance to immerse yourself in the allure of Algarvian life while making a sound investment decision. Don't miss out on this exceptional opportunity to shape your future in the heart of Alte's idyllic countryside.
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Property on Map

#PL/463

Currency Exchange

Loulé, Faro, Portugal, 8100-996

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €350,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€350,000 £291,158 £301,217 £10,059
Property Price € €350,000
Minimum cost in the last six months £291,158
Maximum cost in the last six months £301,217
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,059

Loulé, Faro, Portugal, 8100-996

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €350,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€350,000 £291,158 £301,217 £10,059
Property Price € €350,000
Minimum cost in the last six months £291,158
Maximum cost in the last six months £301,217
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,059

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £10,059 more.

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