A charming farmhouse for sale in Luz de Tavira, a pleasant and peaceful location in the Eastern Algarve. With a plot size of 216,617 m² and a total construction area of 1055,2 m², this farm for sale has great potential. As it is located in a quiet area while still being close to everyday amenities, this property provides great potential for rural tourism in the Algarve where you can quite literally be at one with nature. Spread across this plot there are a traditional villa, another villa with 2 beds and a total of five separate ruins. The villa itself comprises two living rooms, a kitchen, four bedrooms, three bathrooms and a large terrace. Within the second villa there are two bedrooms, a bathroom, living room and kitchen making this another habitable area. Outside there is a generously sized swimming pool and garden area that is home to an array of fruit trees as well as a private garage for parking. The given five ruins increase the possibility to make the farm even bigger, which makes this farm the perfect investment opportunity. Tavira is one of the oldest Moorish towns in Eastern Algarve, concealing a charismatic heritage until this day, becoming one of the finest resort towns in the area. The town extends along the river banks of Gilão, where Moorish influence beautifully compliments the deep-rooted Portuguese traditional culture. Explore the magnificent buildings and historic churches along the river through the cobbled streets, take a taxi-boat and dive into the Caribbean-Like Islands of Cabanas and Barril located just off the main town. Mortgage simulation: Purchase Price — 2,300,000€ Purchase Price — 2,300,000€ Deposit/ Down Payment — 460,000€ (20%) Deposit/ Down Payment — 460,000€ (20%) Finance Amount — 1,840,000€ Finance Amount — 1840,000€ Interest Rate — 0.873% Interest Rate — 0.873% Term/ Period — 30 years/,360 months Term/ Period — 40 years/,480 months Monthly Payments — 5811.44 € Monthly Payments — 4542.89€
The investor obtains a Portuguese residence permit by purchase of real estate worth at least €500,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.