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Praia da Rocha RECENTLY REDUCED ***FROM 1,700,000 to 1,350,000 ****

In Praia Da Rocha, Portimão

  • 5
1.350.000 €

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Praia da Rocha RECENTLY REDUCED ***FROM 1,700,000 to 1,350,000 ****

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Praia da Rocha RECENTLY REDUCED ***FROM 1,700,000 to 1,350,000 ****

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Praia da Rocha RECENTLY REDUCED ***FROM 1,700,000 to 1,350,000 ****

Description

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Apartment for sale in Praia Da Rocha

RECENTLY REDUCED ***FROM 1,700,000 to 1,350,000 ****Villa Madrigal is a quite unique and quirky property overlooking Portimao Marina with views to the Dom João Castle in Ferragudo. Designed and completed by the owner in 1993,  as a comfortable family home with a 2 bedroom annexe on the lower level.
Over recent years, the property has been very successfully rented out to the holiday market.  Popular due to the fantastic location, within walking distance of Praia do Rocha with all its facilities and a beautiful mile long beach,  famous for its magical rock formations. A host of international restaurants and cafes are within walking distance of the villa and there are a number of golf courses within an easy drive.
On a plot of 440 square metres, the  villa is 350 square metres with entrance from the road up steps to the front door.  A hall way opens into the spacious open plan lounge and dining area.  The property has quite a contemporary feel in that there are many quirky features including beautiful hand-carved wood doors leading to the conservatory.  The kitchen has modern units a new cooker, dishwasher and washing machine.
Upstairs to the  master bedroom suite with fabulous views to the Castle, and two additional guest bedrooms.   There is an intimate roof terrace with spectacular panoramic views.
Stairs from the conservatory lead down to the Annexe which has a small lounge with wall seating, a kitchenette, 2 bedrooms and bathroom.  Glass doors lead out onto a private terrace which has lovely views over the estuary.
With river views from most rooms, the property has a fireplace in the lounge,  air conditioner units, and double glazing; an alarm system and carport for off-road parking at the side of the property. The heated swimming pools have complete privacy with a feature tiled mural and there is a BBQ for al fresco dining.
An excellent investment for those wanting a holiday rental property; Golden Visa applicants or a townhouse in a spectacular location.
The price includes furnishings except for the owner’s personal belongings and artwork.
Energy Certificate Band B





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Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 80% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live

 

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Property Details

  • Reference YAP329
  • Type Apartment
  • Bedroom(s) 5
  • Bathroom(s) -
  • House area -
  • Land area -
  • Zone Praia Da Rocha
  • Region Faro
  • Features: