The Vines presents a combination of holiday home and investment project within a vineyard between Lagoa and Portimão, a 10-minute drive to the beach and 40 minutes to Faro airport. Three rows of modern steel frame suites are surrounded by picturesque vine-covered hills, offering unparalleled peace and tranquillity.
Each suite features one bedroom, a bathroom with walk-in shower, an open plan kitchen and living room, as well as a private terrace, adjacent to a cosy private garden with a pergola providing sunshade, with a fold-out couch in the living room of the first row apartments, thereby converting it into a second bedroom.
The freehold apartments are available in two typologies, the 42m2 second & third-row suites and the 52m2 first-row villa suites.
The Vines offer private individuals the possibility to purchase property in the heart of this picturesque Estate as the combination of holiday home and an investment opportunity.
A rental scheme is available if an owner wishes to rent out their suite to 3rd parties, which will be handled by the Vines team. The yield credit is calculated up to 4% return of the suites value per year.
The Vines also offer a unique opportunity to rent or buy a vineyard and create your own wine with high-quality grapes that have been taken care of with the help of highly qualified experts. With plots ranging from 650m2 to 8000m2.
Prices from 133.000,00€ to 169.000,00€
Due for completion 08/2020
* The feature(s)/equipment(s) mentioned in this description are subject to verification and agreement between the vendors and buyers.
Property Specification:
Electrical underfloor heating;
Air conditioning (Daikin);
Double glazed windows and doors;
Solar-powered hot water production;
Bathrooms with walk-in shower;
Natural marble floors in all internal areas;
Terrace with ceramic wood-imitation tiles;
Electric shutters;
Private terrace;
Private garden area adjacent to terrace with pergola.
Energy Rating: In progress
#ref: The Vines AI