3 Under 250,000€
I would think that these would be snapped up under normal circumstances. These are not normal circumstances. There is a probably apocryphal curse, "May you live in interesting times." Mm-hm. See the end of this post for a reference on this.
These properties vary considerably, in style, functionality, and location. From the northern west coast of the Algarve to the Spanish border, from a potential homestead for two small families to a stylish retreat for a couple at most, what all of these places share is a price tag in the bottom 5% of the idealista listings. Let's take the most expensive one, #3, at 240,000€. With a deposit of 50,000€ and a 20 year mortgage fixed at 2%, the monthly is 1.020€. With utilities on top, that's likely under $2,000 CDN a month.
#1: On idealista, private owner sale. Algoz e Tunes, Silves. 180,000€, 4 bedroom, 3 bathroom, 120 m² built/9,200 m² plot, 2 annexes, undeniable funky charm.
"Amazing! Single-storey 2 bedroom Wooden house with swimming pool an two annexes, built on a 9200Sqm plot. Localized in a very peaceful area in the country side with beautiful unobstructed view, the house comprises: Living room with wood stove and direct access over the terrace and swiming pool, fully fitted kitchen, bathroom, and two bedrooms.
Outside, there is a terrace with swimming pool and barbecue, brand new summer kitchen, 9200Sqm plot of land with many fruit trees, storages, shelter ans all the necessary to one or two Horses. Very good profitability (15'000€ per year) and low property taxe (10€ per year).
10Km from the beach, 5Km from the Algarve Shopping, 8Km from the Golf, very close to all the amenities (Shool, shops, restaurants... ) Nature lover do not lose this opportunity!"
#2: On idealista. São Teotónio. 220,000€, 5 bedroom, 2 bathroom, 2 houses, 233 m² built, 203 m² floor, 7,000 m² plot. Advertised by Lux Avenue. Perfect family plus grandparents? Plus another couple?
"Charming property with two typical Alentejo houses, located in a small village, with great access. It offers plenty of accommodation and has a good-sized plot with beautiful views of the countryside. S. Teotónio is just 2.5 miles away, with all facilities, restaurants and shops. Zambujeira do Mar, with its famous beach, is a 15-minute drive away. Excellent opportunity for those who love the countryside, but do not want to be totally isolated. Property with great potential for rentals, given its excellent location. The main house (completed in 1991) is distributed on a single floor, with the following characteristics: Covered terrace giving access to the main entrance; distribution hall; living room with open fireplace; kitchen with access to the covered terrace at the back of the house and the garden; good-sized family bathroom; room 1; room 2; office or room 3. The second house (renovated in 2013) is distributed on a single floor, with the following features: Main entrance to the room; room 1, with access to the garden; room two; family bathroom (shower); collection; large kitchen with traditional fireplace and access to the front garden. Exterior: Access to the property is directly by a local asphalt road, with entrance to a private car park. The property has beautiful and well maintained gardens in the front and back of both houses, with an automatic irrigation system; the rest of the land has some fruit trees and shrubs.
Two equipped kitchens (washing machine, refrigerator, oven/stove, extractor hood, water heater)
Two rooms, 4 + 1 bedrooms, 2 bathrooms, 1 storage room
Double or single-glazed doors and windows
Aluminum shutters in the main house
Interior wooden shutters in the second house
Private hole water
Cistern (+/- 30,000 Lts)
Property is partially fenced
Part of the terrain is landscaped with automatic irrigation system
#3: On idealista. Azinhal, Castro Marim. 240,000€. 3 bedroom, 3 bathroom, 128 m² built, 98 m² floor, 420 m² (appropriate), pool, lots of charm. Advertised by Alias House - Real Estate.
"House T3 in the parish Azinhal, municipality of Castro Marim, Algarve, located in quiet area, overlooking the sea and Guadiana. Good access to A22, N125, N122 and IC27. Near the border with Spain. 1-floor villa with annex on a road without exit and calm composed of:
Living room with fireplace and access to Dining Room;
Semi kitchen equipped with hood, oven, good quality plate;
3 Generous rooms;
3 Bathrooms, 2 with;
The house with 2 terraces and above-ground pool with wooden deck, double glazing, fireplace."
""May you live in interesting times" is an English expression which purports to be a translation of a traditional Chinese curse. ... Despite being so common in English as to be known as the "Chinese curse", the saying is apocryphal, and no actual Chinese source has ever been produced." (Wikipedia)