This charming 4 bedroom villa is for sale in Santa Catarina da Fonte do Bispo. The house was used as a bed and breakfast and is a great business opportunity. The villa comprises of 4+1 bedrooms, lounge, dining room, a fully fitted kitchen and 4 bathrooms. The details of the villa are unique and full of character. Very well maintained and presented, this is the perfect spot to relax and enjoy the countryside. There are 2 annexes, 1 with a bedroom lounge, kitchen and bathroom. The other annex has a room, bathroom and a storage room that can be converted. If you’re looking to purchase a holiday home in Portugal or relocate to the Algarve permanently this villa is a suitable investment for everyone. The property is situated app 9kms from Tavira and 3kms from the center of Santa Catarina da Fonte do Bispo. 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 influences 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: Duration/ Period: 30 years/,360 months Purchase Price: 770,000€ Deposit/Down Payment: 154,000€ Finance: 616,000€ Interest Rate: 0.9% Monthly Payment: 1.953,13 € Mortgage Simulation: Duration/ Period: 40 years/,480 months Purchase Price: 770,000€ Deposit/Down Payment: 154,000€ Finance: 616,000€ Interest Rate: 0.9% Monthly Payment: 1.528,64€
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.