A Modern and Renovated 4 Bedroom Villa For Sale in Lagos

Villa for sale in Luz

A modern classic styled villa for sale situated in a very quiet residential area of Praia da Luz, Lagos, a place extremely popular among holidaymakers and people looking to relocate or make an income generated investment.

Completely renovated, this villa comprises of a basement, a ground floor and a first floor. In the basement you will find a en-suite bedroom, ideal for friends or family who will spend a few days in the property, This is currently used as a cinema room.

On the ground floor you will find a fantastic fully equipped open plan kitchen connected to the spacious open plan living and dining area featured by an electric fireplace. From here you have direct access to the garden and pool area. Furthermore, a service bathroom and a laundry room can also be found here.

Through a staircase the first floor can be entered, which includes three bedrooms, of which one of them comes with an en suite bathroom. Two further bathrooms are also located on the first floor. All bedrooms have built in wardrobes and a terrace.

The property is fully fenced, surrounded by a well kept garden and has a great outside space, including a BBQ area as well as a private pool. A great place for entertaining friends and family.

Features of this villa for sale include air conditioning, premium appliances, double glazed windows as well as solar panels. Overlooking the Monchique mountains, and only five minutes from the beautiful Luz beach away, this property is excellent for re location, or rental investment.

Lagos is a town in the Western Algarve, hugely popular among people of all ages and attracting tourists from all corners of the world. It is well known for its iconic beaches and coves of Dona Ana and Praia do Camilo. The cliff tops of Ponta da Piedade provide a stunning view to the sea and surrounding natural beauty. The centre of town is home to many historic landmarks, including the 18th-century church of St. Antonio, castle walls and the Castelo dos Governadores, one of the town’s oldest features.

Mortgage Simulation:

Purchase Price - 890 000€                               Purchase Price - 890 000€
Deposit / Down Payment - 178 000€ (20%)      Deposit / Down Payment - 178 000€ (20%)
Finance Amount - 712 000€                             Finance Amount - 712 000€
Interest Rate - 0.873%                                    Interest Rate - 0.873%
Term / Period - 30 years / 360 months              Term / Period - 40 years / 480 months
Monthly Payments - 2248.78€                          Monthly Payments - 1757.90€

 

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