|
Villa Feliz has been
tastefully converted into 6 self contained apartments which have been
successfully rented out to holidaymakers for a number of years.
The
owner has now decided to retire and offered the complex up for sale. The
apartments continue to be offered for holiday rentals for
The Villa
complex comprises two 2 bedroom apartments on the ground floor, each with two
bathrooms, spacious lounge/dining room and separate kitchen. Each has a small
garden leading to the poolside.
Upstairs there are two 1 bedroom
apartments each comprising an open-plan lounge/dining area/kitchen, bathroom,
bedroom and private terrace.
Below the pool terrace there are a further
two 1-bedroom apartments, each having two bath/shower rooms, open-plan
lounge/diner/kitchen, separate bedroom and central heating (NB. the four upper
apartments are heated by gas fired fan heaters).
All six apartments have
satellite TV (NB the upper four apartments currently receive analogue TV
programmes and below terrace digital TV but this would be very easy to change).
The four main apartments are fully furnished and equipped, the two
under-terrace apartments will be sold unfurnished.
The complex has a
11m x 6m swimming pool (with additional children's area) surrounded by a large
pool terrace equipped with tables, chairs and loungers.
Villa Feliz is
in the countryside beside extremely good road access to the rest of the
Algarve, and is also close to Junction 1 of the new Lisbon/Algarve motorway.
Albufeira, the nearest coastal resort, is just 15/20 minutes away and Faro
Airport is a comfortable 30 minute drive.
As far as income is concerned,
renting out all 6 apartments could be expected to gross between 40 and 60,000
pounds a year, including a number of winter clients. |
AlgarveSun Home
Page
