This stunning project is situated in the heart of the popular Boliqueime area. This region is extremely close to Vilamoura and the Golden Triangle, with easy acces to the beaches and all amenities. As a result it has become extremely well known for its wealthy expat community and secondry homes of the rich and famous. The views from this hill side are incredible, looking across the entire southern coastline and if youre lucky enough to have a hill top property - also stunning rural views of the mountains to the north. Properties are in high demand in this area and fetch steep prices as a result.
This property is at the top of the hill and is surrounding by other stunning indepednat villas. The views are second to none, with 360 degree panoramic views of Southern Coustline and gorgeous rural landscape. The land is a generous size, with nearly 3,000m2 - offering a large private space to enjoy the traniquility of this area and soak up the stunning views.
The Villa itself is a large 3 bedroom and 3 bathroom propetry. When you first enter the Villa, you are astounded by the huge open plan living room/kitchen - a enourmous 64m2 space with high ceilings. With a large number of windows and a glass connecting wall/ceiling the room has a huge amount of natural light which should last all day as the property is south facing. Each bedroom is large in footprint and 2 have their own ensuite bathroom. The 1st Floor Bedroom even has its own private walk-in Wardrobe/office as well as a South and North facing terraces.
The outside areas are just as beautiful as the inside. The south entrance has a carport and space for 4/5 cars before entering into the enclosed swimming pool and terrace area. Ample space to enjoy the sunshine around the pool and entertain guest with BBQs and outdoor eating. On the north side of the house, each bedroom has a balcony space leading onto a terrace againw ith ample space to entertain. The north views are particulary nice during sunset, and can be a great place to relax with uninterupted views. There are no obsurities or overlooking neighbours to disrupt you.
The price for this location and project is extremely generous and I think offer real potential for capital growth. I think the built/key ready value of the property is substantially higher than asking - making this a great oppoetunity to capitalise on circumstance. This area has a stong history of Short Term/AL rental - with a number of extremely successful Airbnb properties in close proximity. Even at 30-35% occupancy in this area, you could see substantial Net rental returns on a property such as this.
A great opporutnity in a great location! If you would like any more information, please feel free to contact one of our team - we are happy to help!