3 bedroom Townhouse in Vale do Lobo

SPACIOUS 3 BEDROOM TOWNHOUSE. Unique investment opportunity exists with a spacious three bedroom townhouse with four outdoor terrace areas, including a large roof terrace, in the luxury Golf, Tennis and Beach resort of Vale do Lobo for under Euros 300,000! At the market’s peak, similar properties were on the market for Euros 450,000 – 500,000. The owner is keen to achieve a quick sale and has reduced the price to Euros 295,000. The townhouse is located in the center of Vale do Lobo within close proximity of the Tennis Academy (home of the ATP tour and offering world-class tennis coaching) and within walking distance of the beach and several international cuisine restaurants. The resort has two 18-hole golf courses – the Royal and the Ocean – with play throughout the year due to the excellent climate in the Algarve. The property’s four terrace areas includes a superb roof terrace with panoramic views and benefitting from the sun all day long. There is a large terrace off the stairwell suitable for barbeques with shade later in the day. There is also a small terrace at the rear of the property off one of the first floor bedrooms. You enter the property on the ground floor via a large outdoor terrace area. Upon entering the property, one is presented with an open-concept style of living with spacious accommodation throughout the split level lounge with fireplace and the formal dining area set directly across from the fully fitted and equipped kitchen. There is also a large utility laundry room with ample space to store sun loungers and beach equipment. The property has three bedrooms with built in wardrobes, two bathrooms where one is en-suite and the other a large family bathroom. All rooms throughout the property have air-conditioning. The property is ideal for families with small children with a children’s play area just 10 metres away. Benefiting from a south facing terraced garden ideal for those warm "al fresco" moments well known to the Algarve. - REF: 03-505