Farm for sale in Olhão

Moncarapacho e Fuseta

4 400 000 €

Buy
id. 124021006-430

712 m²

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Description

 QUINTA VIGIA  

Located 25 minutes from Faro airport, 10
minutes from Olhão, 15 minutes from Tavira and 5 minutes in the picturesque
parish of Fuzeta.  

With 7,3 hectare, offers stunning views of
the coast, over the tranquil beauty of the Ria Formosa. The property consists
of three distinct buildings:  

1.White House:  

It is the main house. It has
four bedrooms and was designed and built from scratch in 2022, inspired by in
the traditional Algarvian architecture. It combines perfectly with the modern
touches and timeless charm of the Algarve's design, ensuring privacy, comfort
and sophistication. Inside, you will find an office, a cinema/TV and stereo
room, a cozy living room with fireplace opening into an open-space kitchen-bar
and with a barbecue/corner fireplace. 

In the main body of the house,
it has a guest bathroom, a bedroom-wardrobe and a suite with a bathroom that
extends to the outside. In the annex, there is a living room with a fireplace,
one with a bathroom. The living room serves as a dining room, lounge or double
bedroom. It also has three more independent suites, each with its own terrace. The
real highlight is its outdoor area and its various outdoor nooks. It has a
large saltwater swimming pool, surrounded by sand from the beach, with a dining
area with barbecue, electric stove, fridge and a masonry table for 12 people
under a covered porch. At the top of the garden, there are also two other
covered dining areas, where you can listen to the sound of the fountains from
the garden tanks. 

2. Blue House: 

Refurbished old house, with
Algarve charm, with its own swimming pool. It has five bedrooms, all with
individual bathrooms. This house has a very cozy areas and enjoys a magnificent
view of a new red and white vineyard, which has a 300 bottles per year, without
any expenses.  

The house is currently in local
accommodation and obtained a gross income of 60,000 euros in 2023. 

3. Yellow House 

This house is divided into two floors, each
with six bedrooms. On the upper floor, the current owner accommodates a couple
in charge of taking care of the property and on the lower floor, it is free.
This lower floor, with excellent possibilities for remodeling, has a large
terrace, with space already planned for a swimming pool and a recovered
building that works as a laundry for the three houses.  

Common to all three houses or just to the
White House, there is a maintenance-free synthetic tennis court.  

It has mains water and two boreholes. It has
planted a small pine forest of stone pines, carob trees, fig trees and olive
trees. The central heating in the White House is done by solar panels for the
water and floor. 

Negotiations are currently underway with EDP
for the installation of solar panels to supply energy to the grid. 

In addition to these 3 houses,
the 3 ha of vineyards and the surrounding green space, the property has another
1.6 ha, out of frame and with a magnificent view of the sea and the Ria, where
it has a construction permit of up to 400 m2 for housing or 2,000 m2 for a
tourist project.  

Details

Private Gross Area m²712
Gross Area m²- -
Total Lot Size m²72 520
Living Area m²- -
Bedrooms- -
Construction Year- -
Floor- -
WC/Bathrooms0
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Credit Simulation
Listing Price
4 400 000 €
Initial Value
Duration (Years)
30 years
Monthly Payment (*)
0

(*) The monthly instalment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), notwithstanding a more complete and detailed financial analysis! Powered by Max Finance - Intermediários de Crédito, Lda The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own financing policies and conditions and is not linked to the results of this simulation.


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