A traditional three bedroom villa for sale in Alvor, a town within the popular location of Portimão and is just a short five minutes away from the stunning Alvor beaches.
Within walking distance there is the aerodrome and Portimãos Aqua Shopping Centre is also five minutes away from this property giving a prime location if you want to be close to all local amenities.
Traditionally designed and furnished, this villa is spread across two floors and comprises a living room and dining area on the ground floor along with a kitchen, pantry and bathroom.
The first floor comprises three bedrooms, all with built-in wardrobes, a small storage room and a large terrace which is a great spot for you to sit back, relax and enjoy the Algarvian sunshine all year round.
In addition to this, a carport is available providing somewhere for you to park if you own a car.
Due to its central location, this villa for sale would make the perfect holiday home or rental investment, if you are looking to generate extra income.
Alvor is most popular for its superb long open sandy beach, rolling sand dunes and variety of restaurants. The famous Henry Cotton Championship Golf Course at Penina the closest and within twenty minutes are the courses of Vale da Pinta and Gramacho, Morgado, Alto, Palmares and Boavista.
Alvor village itself has retained a lot of its traditional charm with its maze of narrow streets and white houses perched on a hill overlooking the lagoon and sand dunes.
A few of the old local fishermen still clean their catch by the old fish market and meet up with their friends to chat away the hours.
During the day Alvor is a sleepy seaside village but by night there is quite a vibrant scene, with many diverse bars and restaurants to suit all tastes.
Portimão is the largest city in the Western Algarve, it was traditionally a centre for sardine fishing and processing, however, today most of that industry has been replaced by tourism, leisure, and retail, leaving Portimão as a large and residential city.
Mortgage simulation:
Purchase Price - 218 000 Purchase Price - 218 000
Deposit / Down Payment - 43 600 (20%) Deposit / Down Payment - 43 600 (20%)
Finance Amount - 174 400 Finance Amount - 174 400
Interest Rate - 0.873% Interest Rate - 0.873%
Term / Period - 30 years / 360 months Term / Period - 40 years / 480 months
Monthly Payments - 550.82 Monthly Payments - 430.59
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