Farmhouse for sale in Lagoa
A traditional three bedroom farmhouse for sale in Lagoa within the Portuguese town of Estomar in the Western Algarve. Overlooking Monchique, Ferragudo and Portimão this property is perfect if you are looking for a peaceful area within the Algarve to purchase a new home.
Nestled on a large plot of land sized 34,510m2, this property offers a plain-pied villa which comprises a spacious living room with a feature fireplace and multiple sets of doors leading out onto the private grounds.
A modern and fitted kitchen comes equipped with all the necessary appliances to whip up a delight in the mornings, at lunch and at night. There is plenty of space in the kitchen for a ten seater dining table providing more than motivation to entertain friends and family all throughout the year. In the kitchen you will find another set of glass sliding doors leading out into the garden.
This property does have five bedrooms in total however, the current owner has converted one of the rooms into a home office and the other into a storage room. This leaves three good sized bedrooms, all equipped with their own en-suite bathroom and built-in cabinets.
In addition to this, there is also a laundry room, a hallway as well as an outdoor terrace equipped with a BBQ and wood oven with a smokehouse.
Extra features with this property include air-conditioning units throughout, electric shutters, mosquito nets, a spacious garage for two cars along with an outdoor swimming pool which is great for those warmer summer months especially if you have children or grandchildren.
Mains water and sewage are already connected and a hole which has plenty of water ensures the automatic irrigation system is good to go.
Covering just under a total of three and a half hectares, this property is a fantastic bargain for anyone wanting a more peaceful life whilst still being close to the hustle and bustle of city life.
Fruit trees, figs, oranges, lemons, peaches and plums all grow on site so if you love a healthy smoothie in the morning or a juicy piece of fruit to dig into during the day, you won’t have to go anywhere other than outside your front door.
Located in the center of the Western Algarve, if you’re a sports enthusiast you will be spoiled for choice as there are numerous golf courses nearby, a tennis center and an extensive water-sports facility.
For seafood lovers there are a variety of local restaurants serving fresh grilled fish and seafood specialties, along with fine-dining options and international restaurants for all tastes. You will also find Portimãos harbour, multiple award-winning beaches, the picturesque village of Carvoeiro and so much more just a short few minutes away.
Purchase Price – 790 000 Purchase Price – 790 000
Deposit / Down Payment – 158 000 (20%) Deposit / Down Payment – 158 000 (20%)
Finance Amount – 632 000 Finance Amount – 632 000
Interest Rate – 0.873% Interest Rate – 0.873%
Term / Period – 30 years / 360 months Term / Period – 40 years / 480 months
Monthly Payments – 1996.10 Monthly Payments – 1560.38