Villa With Private Pool, Praia D'El Rey Golf & Beach Resort - Europe Property For Sale Or Rent at BestRealEstatePlanet.com

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Property For Sale Or Rent: Villa With Private Pool, Praia D'El Rey Golf & Beach Resort

Portugal

Obidos
2510-451
Portugal

Property for sale: 750,000 €

Private Villa With Pool For Sale in Obidos, Portugal

Recognized as one of the most private properties with one of the largest (2,109 square meters) and well maintained gardens on Praia D'El Rey. The villa (238 square meters) has been furnished by the current owner to an exceptionally high standard. Pine forests offering seclusion as well as all day sun surround it, and it completely unoverlooked from the neighboring villas.

Recognized as one of the most private properties with one of the largest (2,109 square meters) and well maintained gardens on Praia D'El Rey. The villa (238 square meters) has been furnished by the current owner to an exceptionally high standard. Pine forests offering seclusion as well as all day sun surround it, and it completely unoverlooked from the neighboring villas. The villa benefits from a large swimming pool and is built with all bedrooms opening out onto the spacious entertainment area boarding the pool.

Praia D'El Rey Golf and Country Club is the only 5* resort on the Atlantic Coast North of Lisbon. It has been featured regularly in the quality Sunday newspapers and has won awards for quality and its innovative design combining quality Links golf with 5 * resort services and whilst maintaining the essense of Portugal.

Praia D'El Rey Golf and Country Club is a beach front resort who's golf course is already ranked number 13 in Europe and number 2 in Portugal, with a full golf academy and tennis courts.

It is situated near the historic town of Obidos and fishing port of Peniche, which is less than one hours drive from Lisbon International Airport.

The resort consists of 600 acres whose landscape is as richly varied as the surrounding countryside. The local lagoon is suitable for jet skiing and other water sports.

The villa is near the clubhouse where there is a full restaurant/bar and there are two shops within the resort. Marriott's 5* resort opened in December 2003 within the resort which offers a variety of restaurants and bars.

The property is:

1 hour from Lisbon

2.25 hours from Porto

4.5 hours from Madrid

7 hours from Malaga

5 hours from Seville

The villa has very good rental potential. In 2004 we achieved 17,500 GB Pounds in rental income (25,200 Euros). I am anticipating a similar, if not greater, amount in 2005.

The property is currently single story but lends itself to being turned into a double story 5 bedroom villa. This was a project we were to undertake and preliminary research suggests that around 100,000 Euros spent would have the property worth 1,100,000 Euros. The Land alone (if it were available) would cost some 600,000 Euros.

The resort also offers 24 hour security.

We are willing to sell the villa furnished if required.

Property Summary