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1 Bed Apartment for sale

Ancao, Loule, Algarve, Portugal

£215,666 *  [€250,000]

1 Bed Apartment for sale

Ancao, Loule, Algarve, Portugal

£215,666 *  [€250,000]

Property Details


  • Bedrooms: 1
  • Bathrooms: 1
  • Plot size: 66 m2
  • Habitable space: 66 m2

Features


  • Elevator
  • Central location
  • Energy Certificate: B-

Full Description


A luxurious one bedroom apartment for sale in Ancão close to the prestigious resorts of Quinta do Lago and Vale do Lobo. These apartments are an ideal investment for anyone looking to make a guaranteed return whilst having the ability to experience the resort for yourself for up to 15 days per year. 

Comprised of 61 luxury apartments, the location of this development is exceptional as it is next to the sea and within walking distance of the stunning Ancão beach and a number of lovely beach-front restaurants. Offering both one and two bedroom apartments measuring between 67 and 165 sqm with either gorgeous sea views or relaxing garden views, this development comes with lots of extra benefits. 

Owners will have privileged access to Pinheiros Alto and San Lorenzo Golf Courses and will be able to use the shuttle bus to get to the course of their choice. Other amenities include communal swimming pools, a 24 hour reception facility, a childrens playground, restaurant, bar and spa. 

These apartments have been totally refurbished with interiors created by a leading local Interior Designer and are inspired by the natural beauty of the nearby Ria Formosa Natural Park. Offering transformed kitchenettes with built-in appliances and living and bedrooms finished to the highest standards, these apartments are stunning spaces in which to relax after a day spent playing golf, catching rays at the beach or exploring the surrounding area. 

When you purchase an apartment at Formosa Park you are guaranteed a return on your investment of a minimum of 5% per year for the first three years. You will then continue to receive rental returns for the period that you own the apartment. As an added bonus you will have the right to use your apartment for up to 15 days per year (return on investment percentage may be adjusted if used between 15th June and 15th September).

Situated with the prestigious Golden Triangle area of the Algarve and close to the highly sought after resorts of Quinta do Lago and Vale do Lobo, a wide variety of amenities are nearby including shops, restaurants, bars and sports facilities. The beautiful Ria Formosa Natural Park is close at hand and is a haven for wildlife with numerous stunning walks and routes for cycling and running. Faro Airport is less than half an hour away and other attractions including water parks, go karting, theme parks and water sports are also easily accessible. 

- REF: IDH31789

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