Villa for Sale in Faro

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€358,000 EUR

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Ref 2254999 | Faro, Faro | 3 Bed Villa

Currency services provided by Excel Currencies 358,000 EUR  |  Approx.£308,274 GBP  |  Approx. US$383,132 USD
Gambelas, Faro, Faro
  • Type: Villa
  • Location: Faro
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 3
  • Bathrooms: 5

Fantastic opportunity to purchase a plot with approved project to build a large 3 bedroom, 5 bathroom detached villa on the outskirts of the Algarve’s capital, Faro. With construction already underway, completion is currently due by March 2019.

The villa will comprise a total of 3 bedrooms, 5 bathrooms, large convertible garage space for additional bedrooms/storage, open plan living/dining room and a fully fitted high-spec kitchen.

Located in a quiet neighbourhood of Gambelas, just 5 minutes’ drive into the centre of Faro where all your larger amenities are found including open-air shopping complex, medical facilities and municipal buildings. Faro is a stunning city with stunning architecture, marina and picturesque old town where the local cuisines are sublime!

The property will be built to the highest specification, complete with pre-installation of a central vacuum system, air-conditioning throughout, solar heated water and carefully selected materials to give a contemporary consistent in every room.

The villa will benefit from a fully fenced plot for extra privacy. There will also be terraces perfect for al-fresco dining and entertaining friends and family.

Whether you’re planning to move permanently to the sunshine, or need your own private pad to escape to, or even have plans for lofty investment returns then building a property in today’s market has huge financial benefits, particularly with a property of this size and quality which could be resold for a capital gain, as well as generating high rental yields given its proximity to Faro airport and a selection of stunning blue flag beaches within a 15 minute drive!

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