Located just 200 Meters from the world renowned são rafael beach which has been listed in the top twenty beaches in the world, this 4 bed villa is a dream come through. The property is spacious and well laid out on the 705 Sq Meter Plot, there are 4 en-suite bedrooms and a guest bathroom along with a office, which can be used as a spare bedroom or play room. The recently completed villa comes with all white goods included and has pre installation for Central heating, air-conditioning and Solar heating, not to mention the feature fireplace in the main living room.
Within a short walk of the property there are several restaurants and bars, a supermarket is just 300 meters away while the location of the property is just 5 minutes away from the heart of Albufeiras old town. While the area around the property has a very limited amount of development leaving the area unspoiled and peaceful with miles of cliff top walkways to choose from in the area, along with several of the most stunning beaches in the Algarve.
Recently valued at over €900,000 by Barclays bank this property has the potential to achieve FULL FINANCE from local banks.
<B>Albufeira</b> is the center point of the Algarve and one of the most established tourist destinations in Europe. Faro Airport is just 30 minutes away, while the A2 Motorway to Lisbon begins its journey north just outside Albufeira, To complement these road links Trains are available in nearby Ferrerias and the local Marina allows you to arrive by private boat.
The town itself dates back to the Neolithic and bronze ages with several archaeological digs in the area to prove this history. The town Charter was established on August 20th 1504 and is celebrated annually as the date of the municipal holiday. The great earthquake of 1755 destroyed most of the town apart from a few remaining buildings which are still there today in the heart of the pedestrianized old town. Over the past 50 years the town has become the most important tourist destination in the country, attracting people from all around the world to its historic Center and sun kissed beaches
The towns 30,000 population now play host to tourist of all ages with some thing for everybody, with hundreds of restaurants to choose from you will never go hungry, Entertainment from cabaret to RnB, with relaxing Spas to water-sports the town offers something for all visitors. With this annual influx also comes rental bonanza for the property owners to take advantage of, the area is has an established rental demand with a long season from June through to early November, with many events outside of this time also attracting renters. Golf is one of the main attractions in the Algarve and Albufeira is blessed to be located within 20 minutes drive of no less than a dozen championship Golf Courses.
Also ideal for retirement Albufeira has a multicultural community with many people moving here from colder climates in northern Europe, to take advantage of the climate which is similar to the Mediterranean but without the extreme summer heat. A working town, Albufeira has all the facilities you need for everyday life with Hospitals, Supermarkets, Municipal Markets, Pharmacies, Shopping centers and much more.
Now is the time to take advantage of the property market in the area as property prices are set to rise with the economic recovery that is already underway in the area.
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