Impressive country villa nestled in the hills in 8000 sq metres of gardens, just 15 minutes drive from Faro airport and beaches, yet in a secluded and very private location. It's 485 sq metres of living space comprises 4 bedrooms, 5 bathrooms, a jacuzzi and sauna, 2 kitchens, a spacious office, a grand entrance hall and 2 large living rooms.
More photos here I have a beautiful villa in Portugal that I would like to trade.
http://www.internationalpropertyswap.com/Properties/ToSwap/In/ Europe/Portugal/Algarve/Ref_864
This beautiful villa could be used as a large family home or a 3 bed house with a large one bedroom apartment.
It also has a large swimming pool, barbecue area, terraces and shaded areas to relax. The splendid gardens have fruit trees, flower beds, lawns and a distant view of the Atlantic Ocean.
For people who enjoy nature, pure fresh air, peace and tranquility, this property is a paradise and yet is only minutes away from local restaurants and bars, 15 minutes from Faro airport and the beaches.
Portugal has more than 300 days of sunshine a year.
It has air conditioning, central and underfloor heating and cable TV.
For those who would want to rent out the property in summer this property rents out very well.
About The Area
Santa Barbara De Nexe is a delightful Portuguese village that still maintains it charm, with small bars and great restaurants a short drive away as well as all the usual amenities. It is a great place to get away from it all without travelling miles.
The area is on the foothills which can be clearly seen from the coast and this lends itself to great sea and mountain views.
The privileged position of Santa Barbara de Nexe has placed it on one of the tips of the Golden Triangle.
The Golden Triangle is the "Millionaire's Row" area between Quinta do Lago – Almancil – Quarteira, this have become the areas know for its abundance of luxury accommodation, gourmet restaurants and golf courses.
Santa Barbara’s privileged location, only 15km away, allows you to have a reduced travel time.
Santa Barbara itself is within another triangle, between Faro-Loulé-São Bras de Alportel. Each of these towns plan their summer festivals independently each with it characteristic festival and its unique features.
Price: 980,000€
Looking to swap for: Open to all offers
The villa has a bank valuation of 980,000 Euros (1.35 Million US Dollars), with just under 300,000 Euros finance which can be passed over to the new buyer without credit checks.
I have put some examples below as ideas. Just ideas. These examples assume you would want the finance. Obviously if you don't you just pay it off.
Example Deal 1
The property has 11 year finance left on it and I have put it in a Portuguese company. If the new owner wanted to keep the company then the finance automatically goes with the company so no credit checks, no credit applications, just take the company, the villa and the finance. Also and very important very little stamp duty! (IMT)
Original 15 years is 180 monthly payments. The monthly amount is 1741.77 Euros. This can be covered from rentals if necessary. This property rents out well.
44 payments have already been made leaving 136 payments of 1741.77 which is about 237,000 Euros.
The buyer would take the company, villa and finance and pay me 390,000 Euros. This is a significant discount because of the cash and you save tens of thousands in stamp duty on top. This is a sensible way to buy a property.
Example Deal 2
The buyer would take the company, villa and finance and swap a lower value property plus in the region of 50,000+ Euros in cash.
This is a superb cut price deal on a beautiful villa for someone who is the a position to take advantage of it.
We'll consider anywhere because we have mobility and flexibility. There is a deal to be done here for the right person and the right property.