Premium New development

2 Bed Apartment for sale

Portugal

£369,961 *  [€435,000]

2 Bed Apartment for sale

Portugal

£369,961 *  [€435,000]

Property Details


  • Bedrooms: 2
  • Bathrooms: 0

Features


  • Availability: 2 - 4 bedrooms
  • Price: From €435,000
  • Estimated Completion: Q2 2027
  • Tenure: Freehold
  • Rental Yield: 7%

Full Description


Modern Algarve Apartments Minutes from Vilamoura Marina

Terracota offers the perfect blend of urban living and natural tranquility, where modern design meets the beauty of the outdoors. Nestled in a serene, pine tree-lined area just 10 minutes from the heart of Vilamoura.

Boasting 87 state-of-the-art apartments in two, three, and four-bedroom configurations, this development is thoughtfully designed for those seeking both luxury and connection to nature. Each apartment, ranging from 78 m2 to 157 m2, is finished to the highest standards, offering spacious, modern interiors and private outdoor spaces. Residents are treated to expansive communal areas, including a stunning garden and a unique swimming pool bordered by white sands, evoking the atmosphere of a 5-star beach resort.

Terracota's prime location offers convenient access to Vilamoura's beaches and five renowned golf courses, making it an ideal choice for those looking to enjoy the exclusive lifestyle the region offers.

About the Project:

* Located in Vilamoura, Algarve

* 87 apartments

* 2, 3 & 4 bedroom options

* Swimming Pool

* Private Parking

Facilties:

* Communal Areas

* Gardens

* Swimming Pool

* Gym

* Spa

* Co-working area

* Kids Playground

* Underground parking and storage

Payment Terms:

* €10,000 to Reserve

* 20% on Contract (- €10,000)

* 10% 60 days after contract

* 10% 120 days after contract

* 10% 180 days after contract

* 50% on deed (Q2 2027)

Why Algarve?

* The Algarve recorded 20.38 million overnight stays in 2023

* Won "Europe's Leading Beach Destination" at the prestigious World Travel Awards 2023

* In the past year, prices for prime properties in the Algarve have risen by more than 30%

* Less than 30 minutes drive from Faro International Airport

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

* House price growth in the Algarve is outperforming the national average

Ideally located in Vilamoura, the heart of Portugal's Algarve region, this premier destination is renowned for its luxurious lifestyle, stunning marina, golden sandy beaches, and five world-class golf courses. With easy access to vibrant hotels, restaurants, bars, and exclusive resorts, residents can enjoy both relaxation and entertainment. Explore the tranquil Vilamoura Nature Park, scenic walking paths, and the historical Cerro da Vila Museum, or take advantage of excellent sports amenities. Offering a perfect blend of nature, leisure, and sophistication, Terracota connects you to the best of Vilamoura's unparalleled lifestyle.

* 6 minutes - Parks, Golf Courses, International School, Restaurant

* 10 Minutes - Vilamoura Centre, Marina, Beaches, Casin

* 25 Minutes - Faro Airport
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Map may not show exact location

This property listing (ref: 19597-Terracota) 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.