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Lagos, Algarve, Portugal

€600,000
Algarve Eden Properties, Algarve Eden Properties
PROPERTY TYPE

Apartment

BEDROOMS

1

SIZE

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Key features

  • DUE FOR COMPLETION SUMMER 2024
  • OPEN PLAN KITCHEN & LOUNGE
  • BEDROOM WITH FITTED WARDROBES
  • BATHROOM
  • AIR CONDITIONING
  • UNDERFLOOR HEATING
  • COMMUNAL SWIMMING POOLS & GARDENS
  • 2 GARAGE SPACES & STORAGE
  • STAGED PAYMENTS
  • OCEAN & GOLF VIEWS

Description

Palmares truly represents one of the last opportunities to own a resort property in the Algarve within walking distance to the beach, with panoramic ocean views. The concept is to create a luxury residential integrated resort of beach, golf and tourism set in a unique location next to the ocean. The land ends in a 4 km sandy quiet beach at walking distance from the resort centre. Just 5 minutes' drive to Lagos and 45 minutes' drive from Faro international airport.

The resort is surrounded by a multi award winning golf course, with 27 holes by Robert Trent Jones Jr. with a very lively Golf Club (approximately 300 members) of different nationalities. The new Clubhouse, with panoramic ocean-views is now open.

The Masterplan of the resort (200 hectares) foresees the construction of 460 units, of which 103 will be Villas and a total of 357 apartments. There will also be a new international 5 star hotel with 172 rooms and an important set of sports and leisure facilities to complement the existing 5-star boutique hotel.

24 hour security and access to a wide range of maintenance and services available.

Signature APARTMENTS
Designed by Pritzker winners, RCR Arquitectes, the Palmares Signature Apartments are grouped in stylish clusters, offering modern finishes, unique design and practical living spaces. Perfect for permanent residence, an ideal holiday home or a rental investment. Located at the heart of Palmares resort, within walking distance to the Clubhouse, all units are South or East facing, with a privileged view to the Alvor estuary, the Atlantic and the golf course. One bedroom apartments range from 74m2 to 83 m2. The apartments are on 2 floors only, ground floor and first floor. Each unit includes 2 garage spaces and a private storage area. The resort offers an optional, flexible rental operation, with interesting ROI.

Prices:
East facing: ?600.000 (Alvor view)
South facing: ?690.000 (ocean view)

Lagos, Algarve, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    40.2 miles
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Advice on buying Portuguese property

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About the agent

Algarve Eden Properties, Algarve Eden Properties

Apartado 7098 Estação Correios Vale Paraiso (Albufeira) 8200-995 ALBUFEIRA PORTUGAL

Algarve Eden Properties, Algarve Eden Properties

Algarve Eden Properties

Algarve Eden Properties is an English, family run, licensed real estate agency based in Albufeira, Algarve, offering a professional and personal service. Having accumulated a wealth of knowledge over the years, it is our intention to assist you, whether you are selling your property or looking to find your dream Algarvian home, rental opportunity or investing in property for the future. We realise these are important decisions that will require carefully thinking

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Notes

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This is a property advertisement provided and maintained by Algarve Eden Properties, Algarve Eden Properties (reference AEP824) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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