Sale | Estate | 3 Detached houses | 835m2 | 72

Olhão, Faro, Portugal

For Sale

€5,000,000

REF: 818307 €5,000,000


15

12


835 m2

72520 m2

Description

Sale | Estate | 3 Detached houses | 835m2 | 72.520m2 of Land | Sea view and Ria Formosa | Fuseta Privacy, comfort and quality of life with the simplicity in the details of the Algarve countryside Situated in the picturesque parish of Fuseta, this 7-hectare farm offers stunning views of the coast, the vast expanse of the ocean, and the tranquil beauty of the Ria Formosa.

It is a true paradise for those looking for natural beauty and serenity! The property consists of three distinct buildings, each with its own unique charm: - The main house, Casa Branca, stands out as the ex-libris of this Quinta. This four-bedroom masterpiece was meticulously designed and built from scratch in 2022, inspired by traditional Algarvian architecture.

It perfectly combines modern touches with the timeless charm of Algarve design, ensuring privacy, comfort and sophistication. Inside you will find an office, a cinema/TV and stereo room, a cosy living room with an open-space fireplace, a fully equipped kitchen-bar with a corner barbecue/fireplace. In the main body there is also a suite with bathroom extending to the outside, bedroom-wardrobe and a guest toilet.

In the annex there is a living room, with toilet and fireplace, which can serve as a dining room, lounge or double bedroom, and three more suites, each with its own terrace. But the real highlight is its outdoor area and its various outdoor nooks, and the large saltwater swimming pool, surrounded by beach sand and a table grape vineyard, and a dining area with barbecue, electric stove, fridge, ect, and a masonry table for 12 people under a covered porch, where you can relax and sunbathe while enjoying the panoramic views over the Ria Formosa and the sea, having lunch or dinner outdoors.

In the upper part of the garden, there are also two other dining areas, covered and where you can eat to the sound of the fountains of the garden tanks. - Blue House is another gem of the property. This old remodelled house, with Algarve charm, with its own swimming pool, has five bedrooms all with individual bathrooms, has very cosy areas and enjoys a magnificent view of a new red and white vineyard, of which 300 bottles per year are contractually entitled to the Quinta, without any expenses on its part.

The house is currently in local accommodation and obtained a gross income of 60,000 euros in 2023. - Yellow House, of solid construction, is divided into two floors, each with 3 bedrooms. On the upper floor, the current owner accommodates a couple in charge of taking care of the property and on the lower floor, which is free, the surplus guests of the other houses.

This lower floor, with excellent possibilities for remodelling, has a large terrace, with space already planned for a swimming pool and a recovered building that works as a laundry and laundry for the three houses. Common to all three houses or just to the White House, there is a tennis court in synthetic turf, without maintenance.

In addition to these 3 houses, the 3 ha of vineyards and the surrounding green space, the property has another 4 ha, out of frame and with a magnificent view of the sea and the Ria, in which there is authorisation to build up to 400 m2 for housing or 2,000 m2 for a tourist project. It has mains water and two boreholes.

He has planted a small pine forest of stone pines and has carob, fig and olive trees. The central heating in the White House is solar panels for the water and floor. Negotiations are currently underway with EDP for the installation of solar panels to supply energy to the grid. The property also has a tennis court and has two boreholes, in addition to also having a supply through mains water! Location: Algarve - South Portugal.

The farm is only 25 minutes from Faro airport, 10 minutes from Olhão and 15 minutes from Tavira. 5 minutes away is the fishing village of Fuseta, where you can go to its fish restaurants or take the boats to the semi-deserted beaches in front. Energy Rating: A #ref:P_MI6123CA_LX
Sale | Estate | 3 Detached houses | 835m2 | 72.520m2 of Land | Sea view and Ria Formosa | Fuseta Privacy, comfort and quality of life with the simplicity in the details of the Algarve countryside Situated in the picturesque parish of Fuseta, this 7-hectare farm offers stunning views of the coast, the vast expanse of the ocean, and the tranquil beauty of the Ria Formosa.

It is a true paradise for those looking for natural beauty and serenity! The property consists of three distinct buildings, each with its own unique charm: - The main house, Casa Branca, stands out as the ex-libris of this Quinta. This four-bedroom masterpiece was meticulously designed and built from scratch in 2022, inspired by traditional Algarvian architecture.

It perfectly combines modern touches with the timeless charm of Algarve design, ensuring privacy, comfort and sophistication. Inside you will find an office, a cinema/TV and stereo room, a cosy living room with an open-space fireplace, a fully equipped kitchen-bar with a corner barbecue/fireplace. In the main body there is also a suite with bathroom extending to the outside, bedroom-wardrobe and a guest toilet.

In the annex there is a living room, with toilet and fireplace, which can serve as a dining room, lounge or double bedroom, and three more suites, each with its own terrace. But the real highlight is its outdoor area and its various outdoor nooks, and the large saltwater swimming pool, surrounded by beach sand and a table grape vineyard, and a dining area with barbecue, electric stove, fridge, ect, and a masonry table for 12 people under a covered porch, where you can relax and sunbathe while enjoying the panoramic views over the Ria Formosa and the sea, having lunch or dinner outdoors.

In the upper part of the garden, there are also two other dining areas, covered and where you can eat to the sound of the fountains of the garden tanks. - Blue House is another gem of the property. This old remodelled house, with Algarve charm, with its own swimming pool, has five bedrooms all with individual bathrooms, has very cosy areas and enjoys a magnificent view of a new red and white vineyard, of which 300 bottles per year are contractually entitled to the Quinta, without any expenses on its part.

The house is currently in local accommodation and obtained a gross income of 60,000 euros in 2023. - Yellow House, of solid construction, is divided into two floors, each with 3 bedrooms. On the upper floor, the current owner accommodates a couple in charge of taking care of the property and on the lower floor, which is free, the surplus guests of the other houses.

This lower floor, with excellent possibilities for remodelling, has a large terrace, with space already planned for a swimming pool and a recovered building that works as a laundry and laundry for the three houses. Common to all three houses or just to the White House, there is a tennis court in synthetic turf, without maintenance.

In addition to these 3 houses, the 3 ha of vineyards and the surrounding green space, the property has another 4 ha, out of frame and with a magnificent view of the sea and the Ria, in which there is authorisation to build up to 400 m2 for housing or 2,000 m2 for a tourist project. It has mains water and two boreholes.

He has planted a small pine forest of stone pines and has carob, fig and olive trees. The central heating in the White House is solar panels for the water and floor. Negotiations are currently underway with EDP for the installation of solar panels to supply energy to the grid. The property also has a tennis court and has two boreholes, in addition to also having a supply through mains water! Location: Algarve - South Portugal.

The farm is only 25 minutes from Faro airport, 10 minutes from Olhão and 15 minutes from Tavira. 5 minutes away is the fishing village of Fuseta, where you can go to its fish restaurants or take the boats to the semi-deserted beaches in front. Energy Rating: A #ref:P_MI6123CA_LX
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Currency Exchange

Olhão, Faro, Portugal

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 €5,000,000 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
€5,000,000 £4,196,600 £4,312,800 £116,200
Property Price € €5,000,000
Minimum cost in the last six months £4,196,600
Maximum cost in the last six months £4,312,800
Fluctuating exchange rates over the last six months could have increased the cost of this property by £116,200

Olhão, Faro, Portugal

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 €5,000,000 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
€5,000,000 £4,196,600 £4,312,800 £116,200
Property Price € €5,000,000
Minimum cost in the last six months £4,196,600
Maximum cost in the last six months £4,312,800
Fluctuating exchange rates over the last six months could have increased the cost of this property by £116,200

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 £116,200 more.

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