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Apartments and hotel rooms in a luxury residence in a golf resort

Portugal, Algarve
ID PRT57961
Object sold
Apartments and hotel rooms in a luxury residence in a golf resort
from €82,500

from 30 m² • from €2,504 m²

Portugal, Algarve
from 30 m²
1–2 beds
1–2 bathrooms
ID PRT57961

Cost

Property cost €82,500 – €398,125
Price for m2 €2,504 – €2,750
Purchase taxes IMT - 0-8%; IMI - 0,3-0,8%
State fees 0,8%
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Distances

Ocean 5km
Airport 66km
Infrastructure 1km

Yield and management

Yield 5%
Property management Yes

Description

The complex, located 5 minutes from the village of Ferragudo, is an addition to a golf resort consisting of 5 courses with 18 holes and a course with 27 holes. The complex overlooking the field consists of 34 luxury apartments, including studios, apartments with 1 and 2 bedrooms, as well as 23 classic double hotel rooms.

The apartments are fully equipped and furnished, decorated in a modern minimalist style, making them a good choice for holidays or as a second home. Available apartments with 1 bedroom 106 sqm at a price of €273,025 and a 2-bedroom apartment of 159 sqm at a price of €398 125. As well as 7 hotel rooms ranging from 24 to 79 sqm worth from €82,500 to €184,200.

For those interested in investing, there is a special rental program that guarantees an annual return of 5% for the first two years. The project is eligible for the €400,000 option.

The Algarve is a region of extraordinary natural beauty, thanks to its extensive sandy beaches that contrast with the nature of the Serra de Monchique, the kindness and friendliness of its inhabitants, and the mild climate unique to the region. Nearest beaches: Praia dos Caneiros (6 km), Praia do Pintadinho (5 km), Praia de Vale Centianes and Praia do Carvalho (9 km) and Praia Grande de Ferragudo (3 km). The distance to Lisbon will be 276 km, to Porto – 549 km.

– Less than 5 minutes to restaurants;
– Less than 10 minutes by car to supermarkets, pharmacies and other services;
– 10 minutes by car to the center of Lagoa;
– 15 minutes by car to the beach;
– Less than 10 minutes walk to the golf course;
– 25 minutes by car to the casino of the Algarve hotel;
– 20 minutes by car to Portimão marina;
– 30 minutes by car to Algarve International Circuit;
– 50 minutes by car to Faro airport;
– 50 minutes by car to Faro;
– 2 hours 40 minutes by car to the center of Lisbon.

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Real estate

Object type Apartments
Object category New house
Object stage Ready
Permits On hand
Design features Ownership
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Characteristics

Total area 30 m² – 159 m²
Number of storeys 3
Bedrooms 1–2
Baths 1–2
Parking type
Number of parking spaces
Repair Standard
Furniture Furnished
View pool, garden
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Equipment

Split system conditioning

Properties

Balcony
Public pool
Garden on the plot
Internet
TV

Location

Object sold
from €82,500

from 30 m² • from €2,504 m²

Zlata Erlach investment
programs expert
Portugal Golden Visa

Real estate is eligible for participation in the program and obtaining a residence permit in Portugal.

Immigrant Invest is the official representative of the program.

€250,000+ Investment amount
2-6 months Obtaining period
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Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

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