Premium New development

3 Bed Property for sale

Portugal

£425,242 *  [€500,000]

3 Bed Property for sale

Portugal

£425,242 *  [€500,000]

Property Details


  • Bedrooms: 3
  • Bathrooms: 0

Features


  • Availability: 2- 3 bedrooms
  • Price: From €500,000
  • Estimated Completion: Q1 2025
  • Tenure: Freehold
  • Rental Yield: 5%

Full Description


An Exclusive Development Where Luxury Living Meets the Natural Beauty of the Algarve

Nestled in the heart of Carvoeiro in the Algarve, our project offers the perfect combination of luxury, comfort and convenience. The development comprises 5 blocks with a total of 30 luxury two and three-bedroom apartments ranging from 111 sqm to 140 sqm - all with large and sunny terraces situated on the ground or first floor. Residents can also enjoy communal amenities including a swimming pool and communal garden.

From the sleek and modern design to the state-of-the-art technology integrated throughout the properties, this development sets the standard for prime living and refinement.

All of the 30 apartments offer a perfect balance of space and intimacy, with well-appointed living areas, spacious bedrooms, and all the features and amenities you expect from a luxury residence. Whether you're looking for a vacation retreat or an investment opportunity, these apartments cater to your desires and create a welcoming environment that you can truly call your own. To complete the ultimate turnkey experience, each apartment is meticulously furnished, leaving no detail overlooked. Immerse yourself in the comfort and style of a fully furnished home where every piece has been carefully chosen to complement the contemporary design and provide a sophisticated living environment.

About the Project:

* 5 blocks / 30 Apartments

* Luxury T2 and T3 apartments

* Fully furnished

* Total area up to 140 m2

* Ample natural light

* 8 weeks of personal use per annum

Amenities

* Solar panels for water heating

* Private parking

* Swimming Pool

* Terraces / Balconies

* Communal garden

Payment Plan:

* 5% on reservation

* 10% on contracts

* Balance upon completion Q1 2025

* Financing available up to 70% LTV. Approx. 4.5% interest rates.

Why Algarve?

* Charming Portuguese town with sunny climate, beautiful beaches and friendly people

* Algarve house prices grew by 15.3% last year - 2nd highest performing European market

* The Algarve registered the most overnight stays in Portugal (19.1 million) in 2022

* Won "Europe's Leading Beach Destination" at the prestigious World Travel Awards 2022

* Hotel occupancy rates were their highest in 20 years in January 2023

* Under an hour to Faro International Airport

The development is nestled just 750 meters from the stunning Carvoeiro beach. Here, you'll discover an oasis of tranquillity, inviting you to unwind and bask on sun-soaked shores. Indulge your taste buds in a delightful culinary journey at the diverse array of restaurants located a mere 200 meters away.

With public transport within 250 meters, you'll have seamless access to explore the captivating surrounding area. And when it's time to travel, Faro Airport is a short 45-minute drive away, ensuring convenient arrivals and departures.
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This property listing (ref: 19597-Carvoeiro) is an advertisement supplied by Benoit Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8505 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.