Modern flats in a new housing estate in the Algarve area

Published: 01.12.2023 SKU: PRY68512
Price from: €567 000
Area: 79-123 м2
To sea: 7000 м
To airport: 17 км
Property type: Apartments
Country: Portugal, Algarve

One of the best offers to buy flats in the Algarve area, Portugal!

Ownership of a residence within our Residential Complex affords the homeowner exclusive access to contemporary recreational amenities and distinct hotel privileges.

Hotel Privileges for Homeowners Include:

  • Dedicated concierge service
  • Personalized checkout experience
  • High-speed Wi-Fi access
  • Daily housekeeping with bed linen replacement
  • Complimentary three-year membership to the world’s premier association, granting entry to over 240 elite resorts and hotels
  • Preferential discounts on hotel amenities

Residential Offerings:

Our complex features 132 privately owned apartments, available in one and two-bedroom configurations.

Available Layouts and Pricing:

  • Two-bedroom units, measuring 123 sqm, priced at €855,000
  • One-bedroom units, measuring 79 sqm, priced at €567,000

Each apartment is sold fully furnished, complete with high-end appliances. Residents will enjoy spacious balconies or terraces, a fully equipped kitchen, and included parking and storage solutions.

Investment Yield Options:

  • Option A: A guaranteed net rental income of 4% annually for the first five years for purchases completed by 31 May 2022. After this date, a yield of 3.5% per annum is offered for the initial five years. This yield is calculated based on the apartment’s price (excluding furniture), after deducting all apartment fees and operational expenses, but before taxes.
  • Option B: A profitability program offering 42.5% of the net rental income. Homeowners are entitled to 12 weeks of personal apartment use annually under both options, subject to booking restrictions.

The complex opened its doors on 28 May 2021.

Location Advantages:

  • 17 sqm distance from Faro Airport
  • 13 sqm from the center of Lole town
  • 7 sqm from Ancao beach

Infrastructure Highlights:

  • Sports facilities
  • Internal and garage parking
  • Landscaped gardens
  • Children’s playground
  • Swimming pool
  • Banqueting hall
  • Playroom
  • Expansive terraces

This comprehensive offering combines the comfort of modern living with the luxury of hotel-like amenities, all situated in a prime location close to key attractions and natural beauty.

Rest rooms

  • 1 bedroom
  • 2 bedrooms

Features

  • Balcony/Terrace
  • Closed area
  • Garage
  • Garden
  • Playground
  • Pool
  • Security

Interested in purchasing this property?

Write to us and we will contact you to clarify the information

Related properties

View other properties

Flats from developer in Cleopatra beach area

Price from: €315000 SKU: PRY69695
Flats for sale in Alanya, Büyükhasbahçe, near Cleopatra beach! The forthcoming residential development is set to grace one of the region’s most sought-after locales – the vicinity of Cleopatra beach. Location: This project is poised for establishment in the serene Mamadı/Büyükhasbahçe neighbourhood, positioned beyond the bypass road. Presently, the area is characterised by its sparse...
Area: 79-117м2
Property type: Apartments
Country: Turkey, Cleopatra

Cosy modern flats from the developer in Antalya

Price from: €109000 SKU: PRY67052
For sale flats in Altıntaş district of Antalya! This residential complex is situated 4,000 meters from the shoreline. Altıntaş is recognized for its eligibility for residency permits and its proximity to the airport, offering both convenience and accessibility. Spanning an area of 1,982 square meters, the complex comprises two six-story buildings. Available flat configurations include:...
Area: 52-75м2
Property type: Apartments
Country: Turkey, Antalya

Cosy flat in a complex in Kargıcak area

Price from: €280500 SKU: PRY63486
Discover your dream coastal home in the esteemed Kargıcak district, where luxury and sea vistas merge seamlessly. Nestled on the 4th level of a contemporary 6-story building, barely a year old, this inviting 1+1 flat in Kargıcak spans a generous 52 square meters gross and 60 square meters net. It’s perfectly positioned with an eastern...
Area: 52м2
Property type: Apartments
Country: Turkey, Kargicak

Residential complex on the first coastline 30 metres from the Black Sea

Price from: €81750 SKU: PRY65298
For sale flats, near the sea, in Batumi, Georgia! This magnificent 25-storey development, a residential complex stands proudly on the premier shoreline, merely 30 metres away from the pristine waters of the Black Sea. Offering a range of studios and one-bedroom apartments from the 2nd to the 25th floor, residents are treated to breathtaking panoramic...
Area: 30-58м2
Property type: Apartments
Country: Georgia, Batumi

Moonlight Residences in Beylikduzu

Price on request SKU: PRY79477
Moonlight Residences, strategically positioned with apartments for sale in Turkey with E5 to the north and Beylikduzu’s Life Valley city park to the south, enhances the value of your investment. The convenience of the Metrobus and a planned metro station right in front of Moonlight Residences ensures that you can enjoy central living without sacrificing...
Area: 60-388м2
Property type: Apartments
Country: Turkey, Istanbul

New apartment complex at Long Beach in Iskel

Price from: €157300 SKU: PRY73090
A newly unveiled residential complex near the sought-after Long Beach in Iskel heralds an era of unparalleled living with its comprehensive amenities and elegant design. This development is a haven of greenery and leisure, featuring meticulously landscaped gardens, a water park, and sports facilities including basketball and mini-golf courses, tennis courts, and scenic walking trails....
Area: 86-125м2
Property type: Apartments
Country: Northern Cyprus, Iskele