Villa Rita

Loulé, Faro, Portugal, 8135

For Sale

€1,650,000

REF: 957323 €1,650,000


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Description

This charming standalone Algarve villa is nestled within an expansive plot of over 4800m2 in the area of Cerro do Galo. This charming standalone Algarve villa, nestled within an expansive plot of over 4800m2 in the area of Cerro do Galo, presents a unique opportunity with exceptional potential in a prime location to create your perfect Portuguese retreat. A true sense of space and privacy awaits as you approach through your private entrance and the automatic gate.

You'll immediately appreciate the tranquility and seclusion this property offers. The generous plot boasts a vast garden area, perfect for enjoying the Algarve's glorious sunshine, creating stunning landscaping, or even cultivating your own vegetable patch. Mature trees and an established orchard add to the property's charm and provide a taste of authentic Portuguese living. The villa itself features four bedrooms and three bathrooms, offering ample space for family and guests, allowing you to truly relax and recharge.

Step outside to discover your own private kidney-shaped swimming pool, inviting you for refreshing dips on warm Algarve days. A convenient garage provides secure parking for your vehicle. This property offers fantastic refurbishment potential, allowing you to unlock the potential and imagine creating a stunning single-level residence tailored to your exact tastes.

For those seeking breathtaking vistas, the possibility of adding a second level opens up the opportunity for panoramic countryside views, allowing you to fully appreciate the natural beauty of the Algarve. The location of this villa is truly unbeatable. Situated in the area of Cerro do Galo, you'll enjoy the peace and quiet of a residential area while being within easy reach of everything the Algarve has to offer.

The luxurious amenities and world-class golf courses of Quinta do Lago and Vale do Lobo are just a short drive away. For everyday convenience, the vibrant local centre of Almancil is also within close proximity, offering a pharmacy, supermarket, convenience stores, and a variety of local shops and restaurants.

Whether you're looking for a leisurely morning coffee or need to pick up essentials, everything is within easy reach. This property is perfectly suited for those seeking a permanent residence, a stunning holiday home, or a sound investment in a prime Algarve location. The potential for refurbishment and expansion allows you to create a bespoke property that meets your individual needs and preferences. The proximity to Faro Airport ensures easy travel connections for those based in the UK, Ireland, and across Europe.
This charming standalone Algarve villa is nestled within an expansive plot of over 4800m2 in the area of Cerro do Galo. This charming standalone Algarve villa, nestled within an expansive plot of over 4800m2 in the area of Cerro do Galo, presents a unique opportunity with exceptional potential in a prime location to create your perfect Portuguese retreat. A true sense of space and privacy awaits as you approach through your private entrance and the automatic gate.

You'll immediately appreciate the tranquility and seclusion this property offers. The generous plot boasts a vast garden area, perfect for enjoying the Algarve's glorious sunshine, creating stunning landscaping, or even cultivating your own vegetable patch. Mature trees and an established orchard add to the property's charm and provide a taste of authentic Portuguese living. The villa itself features four bedrooms and three bathrooms, offering ample space for family and guests, allowing you to truly relax and recharge.

Step outside to discover your own private kidney-shaped swimming pool, inviting you for refreshing dips on warm Algarve days. A convenient garage provides secure parking for your vehicle. This property offers fantastic refurbishment potential, allowing you to unlock the potential and imagine creating a stunning single-level residence tailored to your exact tastes.

For those seeking breathtaking vistas, the possibility of adding a second level opens up the opportunity for panoramic countryside views, allowing you to fully appreciate the natural beauty of the Algarve. The location of this villa is truly unbeatable. Situated in the area of Cerro do Galo, you'll enjoy the peace and quiet of a residential area while being within easy reach of everything the Algarve has to offer.

The luxurious amenities and world-class golf courses of Quinta do Lago and Vale do Lobo are just a short drive away. For everyday convenience, the vibrant local centre of Almancil is also within close proximity, offering a pharmacy, supermarket, convenience stores, and a variety of local shops and restaurants.

Whether you're looking for a leisurely morning coffee or need to pick up essentials, everything is within easy reach. This property is perfectly suited for those seeking a permanent residence, a stunning holiday home, or a sound investment in a prime Algarve location. The potential for refurbishment and expansion allows you to create a bespoke property that meets your individual needs and preferences. The proximity to Faro Airport ensures easy travel connections for those based in the UK, Ireland, and across Europe.
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Property on Map

#2447

Currency Exchange

Loulé, Faro, Portugal, 8135

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 €1,650,000 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
€1,650,000 £1,359,435 £1,432,349 £72,914
Property Price € €1,650,000
Minimum cost in the last six months £1,359,435
Maximum cost in the last six months £1,432,349
Fluctuating exchange rates over the last six months could have increased the cost of this property by £72,914

Loulé, Faro, Portugal, 8135

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 €1,650,000 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
€1,650,000 £1,359,435 £1,432,349 £72,914
Property Price € €1,650,000
Minimum cost in the last six months £1,359,435
Maximum cost in the last six months £1,432,349
Fluctuating exchange rates over the last six months could have increased the cost of this property by £72,914

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 £72,914 more.

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