Algarve, Lagoa, Portugal

BUY OR BUILD THE HOUSE OF YOUR DREAMS!

A luxury home builder has three properties for sale. One is completed (T3 +1) and available now. If you like this general design, but want to customize your own property, the builder has two other projects available:

- A T4 detached villa of ~259m2 with a large basement on a lot of 1,800m2 for EUR 1,650,000 (~16-20months) - SOLD
- A T4 detached villa of ~201m2 with basement on a lot of 660m2 for EUR 1,250,000 (~16-20 months). This lot has a riverview.

Location
The completed property and the two projects are located in a very peaceful residential neighborhood in Parchal, 5 minutes drive from Ferragudo and 10 minutes to Portimão.

Ferragudo is a charming and traditional fishing village which is known for its whitewashed cottages and romantic chapel perched high above the sea. Ferragudo has a delightful harbor and a broad selection of outstanding restaurants. Portimão is the second largest city in the Algarve. It is well known for its excellent sandy beaches, its vibrant nightlife and it has all the services that a large city has to offer (e.g. shops, cinemas, gym, restaurants, hospitals, pharmacies, schools or local food markets). Whether you prefer to enjoy a quiet or vibrant lifestyle, you will be able to enjoy the best of both worlds from your new home. Since Parchal is close to the Atlantic, you can travel by boat to many destinations such as the famous Benagil cave, up the Arade river to the castle town of Silves or the Arvad winery. There are several beautiful beaches within 7 minutes reach, such as Praia Grande or Praia dos Caneiros, as well as many restaurants that will satisfy all palates and budgets including fine dining options, trendy beach clubs and Michelin star restaurants. For nature lovers who like to hike and bike, there are many cliffside paths that take you to secluded coves backed by limestone cliffs. From Parchal, you are also close to the N125 which makes it very convenient to travel across the Algarve: Carvoeiro in less than 15 minutes,Lagos in less than 30 and Faro airport is only 50 minutes away.

Property Description
The completed property was delivered in 2020 and consists of a two story house of 286m2 plus a large basement of 148m2. The property has been built with large rooms on a 600m2 quiet corner lot. It has a nicely curated garden equipped with an irrigation system and a large infinity pool which has a cozy bench for laying on the water.

On the ground floor, you will find a spacious entrance (15m2) and a very large open space (78m2) consisting of a living room with fireplace, a large kitchen and a laundry room. You will also find a bathroom with a shower (6,60m2) and an additional room that can be used as a bedroom or an office space (13,50m2). From this room, you have direct access to the outdoor kitchen and dining room.

On the first floor, you have a master suite and two ensuite bedrooms. The impressive master suite totalled 48m2 and has a walk-in closet and a bathroom equipped with a double sink, a bathtub and a shower. The two additional ensuite bedrooms are 24m2 each and both have bathrooms equipped with showers. All bedrooms have balconies and ample storage.

In the basement, you will find a huge garage of 81m2, a social bathroom and a large multipurpose space that can be used as a second living room, a game room and/or additional guest rooms.

The kitchen is fully equipped with a microwave, oven, induction cooktop, dishwasher and fridge.

All rooms have electric shutters and are equipped with air-conditioning units integrated in the false ceiling. Underfloor heating has been pre-installed in all rooms including the bathrooms. The property is equipped with a central vacuum system and also has a 500 liter boiler operated with solar panels for hot water. The property is fully secured and fenced with an automatic gate and portal which can be controlled via a phone app. All rooms benefit from natural daylight.

The property has been built with high quality materials e.g. the common areas flooring has been carefully decorated with large ceramic tiles (75cm x 75cm) and the bedrooms and bathrooms with ceramic tiles of imitation wood.
This property was developed to very high standards following the current owner’s specifications, but if you are interested in purchasing one of the two custom built projects, you will have the ability to pick and choose your own finishings.
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