$1,613,875

Freehold Tourist Apartments With A Guaranteed Return

  • 3 Beds
  • 3 Baths
  • 1,949 Sqft
  • Updated: October 29, 2024
  • 1

About the Property

3-bedroom freehold apartments, ideal for discerning golfers and investors alike. Located in a premier seafront resort along the breathtaking Algarve coastline in Southern Portugal.

Each apartment is meticulously furnished to the highest standards, offering a sophisticated living space that harmonizes comfort and elegance. Enjoy the advantages of outright ownership, complemented by a 10-ye
3-bedroom freehold apartments, ideal for discerning golfers and investors alike. Located in a premier seafront resort along the breathtaking Algarve coastline in Southern Portugal.

Each apartment is meticulously furnished to the highest standards, offering a sophisticated living space that harmonizes comfort and elegance. Enjoy the advantages of outright ownership, complemented by a 10-year mandatory rental agreement. During the initial five years, benefit from a guaranteed 5% return on your investment. In the remaining five years, you will receive all rental income from the pool.

Owners have the privilege of 26 weeks of personal use annually, including up to 2 weeks during peak season (July or August) and the rest at any other time of the year.

All owners are entitled to the following discounts at the resort:
· 25% on Food & Beverage
· 10% in the Resort’s Jewelers Shop
· 10% in the Resort’s Boutique
· 10% in the Resort’s Wellness Experience
· 15% on Porto Pirata – Children’s Village
· 15% on Tennis
· 25% on Laundry
· 25% on Mini Golf
· 30% on Hotel & Golf Suites Rack Rates
· 20% on Town houses & Residence apartments Rack Rates

These apartments offer not just a gateway to luxurious living but also a strategic investment in one of Europe’s premier luxury resorts.
  • Property type

    Apartment

  • Floors

    1

  • Year built

    2006

  • Price/sqft

    $828

  • Emissions

    A

  • Consumption

    A

Features

  • Garden
  • Pool
  • Terrace
  • Garage
  • Fire Pit
  • Gated Community
  • Modern
  • Pergola
  • Investment Property
Features

Lot

  • Gated Community
  • Panoramic / Scenic View
  • Investment Property
  • Modern

Indoor

  • Air Conditioning
  • Basement
  • Stone Countertops

Outdoor

  • Terrace
  • Balcony
  • Parking
  • Fire Pit
  • Pool
  • Garage
  • Outdoor Living Space
  • Gate
  • Pergola
  • Garden

Explore the Area

Pine Cliffs C6, Pine Cliffs, Albufeira, 8200-594, Portugal View on Google Maps
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VILLAGRAND REAL ESTATE

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VILLAGRAND REAL ESTATE
Portugal
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47
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2021
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VILLAGRAND REAL ESTATE
Almancil, Portugal
View agency profile
Last updated
October 29, 2024
First listed
Aug 12, 2024
Agent licence
#10358
Listing reference
2311-4
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