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Ruin For Sale in Burdens

In Budens, Vila do Bispo

ruin for sale portugal,algarve real estate agents,investment opportunity,renovation project

  • 48 m2
188.000 €


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Ruin for sale in Budens

An excellent ruin for sale in the centre of Budens which is close to the city of Vila do Bispo within the Western Algarve.

This is an ideal location if you are looking to construct an excellent villa or potentially an accommodation business. Located in one of the most picturesque villages in the Algarve, this is a very pleasant and very quiet place with walking access to local shops and the beach of Figueira is only ten minutes away. 

Situated halfway between Lagos and Sagres, several other resorts and small towns are within easy driving distance including the old fishing village of Burgau.

Now mainly thriving on tourism, picturesque Burgau has traditional cobbled streets, white-washed fishermen’s cottages and the beautiful Praia de Burgau which is surrounded by hills. The popular surfing destination of Sagres is within easy reach too as is the village of Vila do Bispo which, despite its small size, has a surprising array of shops, bars and restaurants.


Mortgage simulation:

Purchase Price - 188 000€                                 Purchase Price - 188 000€
Deposit / Down Payment - 37 600€ (20%)          Deposit / Down Payment - 37 600€ (20%)
Finance Amount - 150 400€                               Finance Amount - 150 400€
Interest Rate - 0.873%                                      Interest Rate - 0.873%
Term / Period - 30 years / 360 months                Term / Period - 40 years / 480 months
Monthly Payments - 475.02€                              Monthly Payments - 371.33€


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Property Details

  • Reference IDH32046
  • Type Ruin
  • Certification Exempt
  • House area -
  • Land area 48 m2
  • Zone Budens
  • Region Faro
  • Features:
  • Village View
  • Village View
  • Central location
  • Walk to Amenities
  • Near Markets
  • Near Medical Facilities
  • Pet Friendly
  • Near Shopping

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