Casa Alta Vista is a large 4 bed property for sale, set high in the hills between Vilamoura and Loule with stunning 360 degree views. To the south you have distant sea views down to Vilamoura and Almancil, and to the North you have amazing views down the valleys towards Monchique.
There are 4 large double bedrooms and 2 bathrooms, with a simple and inexpensive possibility to add another third en-suite. A large kitchen and enormous games/cinema room, that could easily convert to a 5th bedroom. Acres of Italian marble flooring and the whole house is air-conditioned.
There is a pool complex comprising of Pool, closed in BBQ, Sauna, Jaccuzi and tiled Pergola, with an outside shower-room and toilet .
The grounds are what this Villa is all about though with a park-like 12500m2 grounds. Plenty big enough for development or Equestrian use, or as the previous owner had, a mini 3 hole golf course. The grounds are in good condition and my gardener visits once a week to keep them in order.
There is parking for at least 5 or 6 cars, a petrol pump, a generator and 2 joined double garages, making this an ideal property for anyone interested or working with cars.
The house has been long term rented for the last 6 years, and as such is now looking a little tired and jaded. The house needs a bit of TLC to get it back to its former glory. The work is mainly cosmetic and I estimate around €50,000 would be more than enough to get her back looking her best. I do have a genuine reason as to why I am not completing this work myself, and will explain to any interested party.
The Villa is owned offshore, and whilst that has many financial benefits it will make it difficult, though not impossible, to obtain a mortgage on this house. There are also one or two minor planning issues with this house also. They are easily and inexpensively resolved and again the same reason has prevented me from sorting these issues out myself.
Because of the above mentioned issues I am selling this Villa very cheap. In tip top condition and without any of the paperwork issues this house would be worth in the region of €750 to €800,000 at todays prices.
There is no need to be at all concerned about any of the issues mentioned, you can buy this Villa with confidence, there are no issues that cannot be easily overcome. This will confirmed by your own independent lawyer. Do not let any unfounded concerns stop you bagging a real bargain.