Villa Tavira (Portugal) Price: $ 1,473,500 USD

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Surface 326 m² Bedrooms 8  Bathrooms 3 

Farm with 2 independent houses to recover located in a quiet and peaceful area with magnificent views, with access by a paved road and set in land with abundant water.
The villas are made of stone following the historic design of the eastern Algarve, are located in the highest part of the land allowing a stunning view of the property and the ocean.
The land where they are implanted has high profitability.It is leased for 15 years, the contract started approximately 2 years and 6 months ago and is automatically renewable for periods of 5 years.The total return on this contract can exceed ?500,000.00, taking into account the production period of the avocado trees.
This is an avocado tree exploitation contract.
Avocado characteristics;
.Avocado tree produces for 30 years
.Average yields obtained in the Algarve range from 15 to 20 tonnes of avocado per hectare.
Property features;
The total area of the property is 157959m2 where two urban buildings are located.
The land is very fertile and has abundant water with a water hole and waterwheel.
The property is located in the municipality of Tavira, 1500 meters from the city center on the Algarve coast.
Tavira is a small town on the Algarve coast of Portugal.It extends along the river Gilão, which reaches the sea through the entrances to the lagoons of the Ria Formosa Natural Park.Ilha de Tavira has a long sandy beach and salt flats that attract flamingos, spoonbills and other wading birds.In the centre, Tavira´s medieval castle overlooks the city.
The municipality of Tavira is located in the south of Portugal, in the Algarve, more precisely in the Sotavento Algarvio.
It occupies an area of 607 km², has a resident population of 27,536 inhabitants (2021 census) and extends from the seafront to the interior, structured into three sub-regions: the coast, the barrocal and the mountains.
This municipality is divided into six parishes: Tavira (Santa Maria and Santiago), Conceição and Cabanas de Tavira, Luz de Tavira and Santo Estêvão, Santa Catarina da Fonte do Bispo, Santa Luzia and Cachopo.
The climate of the region is temperate Mediterranean, the average annual temperature is around 18.ºC, as in the rest of the coast and baroque of the eastern Algarve.In the month of August the maximum temperatures are around 30.ºC and the minimum at 19.ºC, in January the temperatures are around 16.ºC and the minimum at 7.°C.Tavira has an average annual rainfall of 576 mm, distributed over around 65 days, and offers around 300 days of annual sunshine.
The daily routine of the real estate market and the contact with those interested in buying and selling properties, makes it easier for us to find a better solution for you.
- We support and monitor your credit/financing application free of charge.
- We have knowledge of construction techniques and applied materials.
- We deal with the legal part of the real estate transaction and the necessary documentation.
- We facilitate the negotiation between the seller and the buyer.
- We are aware of the prices practiced in the real estate market.
- We provide you with an advanced marketing plan with professional photographer and expert web crawlers.
We provide the client with a real estate consultancy service.