Residence fivestar resort

location icon
Portugal, Loule
square icon
173 m² — 196 m²
bed icon
1—2 Bedrooms
bathroom icon
1—2 Baths
info icon
ID PT25119

from €650,000

173 m² • from €3,757.23 m²
Elena Kozyrevaexpert of the Portugal residence permit program for investment
pt-flag

Portugal D7 Visa

4+ months€820+

Portugal does not grant residence permits for investments in real estate under the Golden Visa program.

However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.

Learn more

Cost

Property cost

€650,000 — €920,000

Price for m²

€3,757.23 — €4,693.88

Purchase taxes

IMT 6-8%; IMI 0,3-0,8%

State fees

0,8%

Distances

Ocean 20 km
Infrastructure 50 m
Airport 22 km

Yield and management

Yield

5%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The object features luxury residences in a 5-star hotel complex located in the small town of Loule in the heart of the Algarve. The A22 motorway, leading to Lisbon or Spain is 10 minutes' drive away. Beaches are a 20-minute drive away.

The residences comprise 65 1 and 2 bedroom apartments spread across 18 buildings in the main village. The highest quality finishes combine stone and wood elements with stunning views. Each room is fully furnished (furniture set price €61,500 for 1-bedroom apartments and €86,100 for 2-bedroom apartments is included in the apartment price) and equipped, including immaculately designed kitchens, living rooms, bedrooms, bathrooms and terraces. Residences feature private pools and Jacuzzis. The owner has the opportunity to stay at the hotel for 10 weeks a year (in different seasons). Minimum guaranteed rent of 5% per annum for 5 years, payable 2 times a year.

Additional characteristics:

  • Smart climate control based on geothermal technology with underfloor heating in all bathrooms
  • Smart LED lighting throughout the home
  • Fully equipped kitchen
  • TV with access to international channels and high-speed Internet access 
  • Underground parking for 40 cars with access to charging for electric vehicles
  • Landscaped gardens with automated lighting and watering
  • Fire alarm sensor
  • Availability of a CCTV camera system for public areas
  • Security service 24/7.

Real estate

Object category

New

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Total area

173 m² — 196 m²

Number of storeys

4

Land area

Underground

Bedrooms

1—2

Baths

1—2

Parking

Yes

Renovation

Standard

Furniture

Furnished

View

Mountain, Plot

Equipment

"Smart home" system
Geothermal heating
Central conditioning

Properties

Covered deck
Open deck
Private pool
Public pool
Concierge desk
SPA
Gym
Kids club
Sauna
Garden on the plot
Security
Underfloor heating
Terrace
Solar panels
Internet
TV

Location

Schedule a meeting

Let's discuss the details

We will develop an individual solution, select a country and status that will solve your problems, and accompany the entire process.

Zlata Erlach
Zlata Erlach

Head of the Austrian office

Prefer messengers?