Villa for sale in Albufeira
A traditional Portuguese two bedroom villa for sale in Ferreiras, situated within a quiet neighbourhood just a few kilometres away from Albufeiras city centre. This property benefits from peaceful surroundings, without being too far from local amenities.
Spread over one floor, this villa comprises an open and spacious living room with a dining area, a bright and colourful fully fitted kitchen, two bedrooms and one bathroom.
Additional features include double glazed windows throughout, manual shutters and fantastic outdoor space where you will find a BBQ/Grill, brilliant for entertaining friends and family especially in the summer months.
The villa would make a great relocation home if you are interested in moving to the Algarve permanently – or there is an opportunity to turn this into a holiday rental enabling you to generate an additional income. We do have a dedicated property and rental management company who can advise on rental simulations, potential earnings etc if you are interested in more information.
Ferreiras is just a short 5 minute drive from Albufeira and is known as more of a residential town with a mixture of ex-pats of different nationalities. The town offers easy access to large amenities including the open-air Algarve Shopping Complex and access to the toll-road whilst still keeping the sense of a welcoming community that appeals to so many!
Another town close by is Paderne which is a traditional Portuguese village so if you are wanting to enjoy the local culture and everything it has to offer, this is the place to go.
Purchase Price – 299 000 Purchase Price – 299 000
Deposit / Down Payment – 59 800 (20%) Deposit / Down Payment – 59 800 (20%)
Finance Amount – 239 200 Finance Amount – 239 200
Interest Rate – 0.873% Interest Rate – 0.873%
Term / Period – 30 years / 360 months Term / Period – 40 years / 480 months
Monthly Payments – 755.49 Monthly Payments – 590.58