5 bedrooms Villa for sale in Almancil, Portugal No. 120058

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$ 1 742 550

$ 233 per m²

5 Bedrooms

4 Bathrooms

7485 Living space, m²

Almancil, Portugal

Contact seller

Parameters

Bedrooms

Bathrooms

Living space, m²

7485

120058

Type

Villa

Land area, m²

7486

Completion date

IV quarter, 1981

Property description

Charming 3+2 Bedroom Single-Storey Villa with Development Potential – Almancil, Near São Lourenço ChurchThis remarkable villa, set on a generous 7,485m irrigated plot with a borehole and adjacent mains connection, offers an exciting opportunity for both living and investment. Originally built in 1981, the property currently features 275m of habitable space and benefits from approved plan

Charming 3+2 Bedroom Single-Storey Villa with Development Potential – Almancil, Near São Lourenço ChurchThis remarkable villa, set on a generous 7,485m irrigated plot with a borehole and adjacent mains connection, offers an exciting opportunity for both living and investment. Originally built in 1981, the property currently features 275m of habitable space and benefits from approved planning permission for an extension to 300m, designed by renowned architect João Cabrito.Current Layout:Bedrooms: 3 main bedrooms, each with en-suite bathrooms, plus 2 additional rooms for flexible use.

Bathrooms: En-suite bathrooms and a guest W.C.Living Spaces: A practical layout including a spacious living area, a laundry room, and a dispenser.Outdoor Amenities: A pool room, double garage, and mature landscaped gardens with irrigation in place.Development Opportunity:With approved plans to expand to a luxurious 5-bedroom villa, each bedroom will feature en-suite bathrooms. The project also includes plans to increase the pool size to 12m x 6m, making it an ideal oasis for relaxation and entertaining.Key Highlights:Architectural Expertise: João Cabrito’s design ensures a contemporary, sophisticated transformation while respecting the property’s charm.Consultation Expertise: Luis Negoçio has provided valuable insights for the refurbishment process.Investment Potential: With an estimated refurbishment cost of €400k, the expected resale value of the completed project is approximately €2.3M, based on the outstanding standard of previous refurbishments by the current owners.This villa is a rare find, combining immediate livability with incredible potential for enhancement. Situated in the desirable Almancil area, near the iconic São Lourenço Church, and within easy access to top Algarve amenities, this property is perfect for discerning buyers or savvy investors.

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Features

Balcony
Terrace

Indoor facilities

Garage

Outdoor features

Garden
Swimming pool

Statistics Almancil

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Difference

Monthly Rent Cost

1-Room Apartment

$ 1 044

2-Room Apartment

$ 1 044

Apartment Purchase Price per m²

In the City Center

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Outside the City Center

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Restaurants

Meal, Inexpensive Restaurant

$ 13.92

Meal for 2 People, Mid-range Restaurant, Three-course

$ 46.41

McMeal at McDonalds (or Equivalent Combo Meal)

$ 9.28

Domestic Beer (0.5 liter draught)

$ 2.90

Imported Beer (0.33 liter bottle)

$ 4.64

Coke/Pepsi (0.33 liter bottle)

$ 2.20

Water (0.33 liter bottle)

$ 2.32

Cappuccino (regular)

$ 2.32

Markets

Milk (regular), (1 liter)

$ 1.32

Loaf of Fresh White Bread (500g)

$ 2.44

Eggs (regular) (12)

$ 3.29

Local Cheese (1kg)

$ 11.60

Water (1.5 liter bottle)

$ 1.16

Bottle of Wine (Mid-Range)

$ 4.64

Domestic Beer (0.5 liter bottle)

$ 1.30

Imported Beer (0.33 liter bottle)

$ 1.74

Cigarettes 20 Pack (Marlboro)

$ 5.98

Apples (1kg)

$ 2.92

Chicken Fillets (1kg)

$ 7.54

Oranges (1kg)

$ 2.59

Potato (1kg)

$ 1.66

Lettuce (1 head)

$ 1.57

Rice (white), (1kg)

$ 1.97

Tomato (1kg)

$ 2.61

Banana (1kg)

$ 1.52

Onion (1kg)

$ 2.28

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$ 14.31

Transportation

Gasoline (1 liter)

$ 2.02

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$ 34 857

Taxi Start (Normal Tariff)

$ 2.32

Taxi 1km (Normal Tariff)

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Taxi 1hour Waiting (Normal Tariff)

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Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

$ 39 529

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment

$ 139

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

$ 49.31

Mobile Phone Monthly Plan with Calls and 10GB+ Data

$ 25.53

Salaries And Financing

Average Monthly Net Salary (After Tax)

$ 1 848

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult

$ 104

Cinema, International Release, 1 Seat

$ 8.12

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar)

$ 81.22

1 Summer Dress in a Chain Store (Zara, H&M, ...)

$ 39.16

1 Pair of Nike Running Shoes (Mid-Range)

$ 110

1 Pair of Men Leather Business Shoes

$ 139

Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$ 844

International Primary School, Yearly for 1 Child

$ 12 763

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