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Algarve, Carvoeiro, Portugal

€60,000
Vernon LDA, Algarve
PROPERTY TYPE

House Share

BEDROOMS

2

BATHROOMS

2

SIZE

1,335 sq ft

124 sq m

Key features

  • 2 bedrooms
  • Total area: 124 sqm
  • House area: 124 sqm
  • Swimming Pool
  • Air conditioning
  • Condition: Excellent condition
  • 2 bathrooms
  • Construction year: 2009

Description

Fantastic opportunity, to buy with a relatively small investment a QUARTER SHARE (13 WEEKS / 3 MONTHS USAGE PER YEAR) of a spacious refurbished corner townhouse located on a 5-star resort & Spa in Carvoeiro, Algarve, which is yours to enjoy throughout the year on a rotating basis.

For sale, Quarter-share (13 WEEKS / 3 MONTHS USAGE PER YEAR) of a modern and spacious refurbished single storey bright townhouse of 123m2 with private terrace, fully equipped and furnished. Comprising of 1+1 double bedrooms with built in wardrobes, 1 good sized en suite bathroom, 1 shower room, spacious open plan lounge and dining room with wood burner fireplace, fully fitted & equipped kitchen, outside storage cupboard, and a good sized covered terrace from lounge and master bedroom offering open views to the landscaped gardens. The perfect private spot to enjoy your al fresco meals or just to relax with family and friends.

This south facing property is designed for all year round living and is fully equipped with Wi-Fi, sat TV, central A/C system, double glazed windows with aluminium shutters, safe, and high ceilings with downlights.

Vale d'Oliveiras Quinta Resort & Spa, an elegant 5-star resort conveniently located between the 2 most picturesque and well-known villages of Algarve, Carvoeiro and Ferragudo villages.
This beautiful resort is just a few minutes’ drive (max 5-10min) from some of the finest beaches and golf courses of Algarve and Europe and only a 40 minute drive to Faro international airport.

Vale d'Oliveiras Quinta Resort & Spa nestled within the green valley of ancient olive trees is a superb low density development designed to provide a stylish, self-contained and tranquil environment. The entire resort is built to the highest standards in a Mediterranean style and to complement the natural beauty of its location. The accommodation is arranged around five leafy, whispering cloisters featuring fountains and other traditional architectural features. Covered walkways run through the gardens connecting each cloister to the heart of the development.
The resort is surrounded by 20 acres of carefully well maintained gardens, with panoramic views of the communal landscaped gardens, Monchique hills and Gramacho golf courses. The traditional local architecture with Moorish influences provides a calm and tranquil environment and comprises of 80 apartments/Townhouses, 22 rooms, 2 suites, a reception, restaurant, two bars as well as a large choice of leisure and wellbeing facilities and 24-hour security on the gated resort. With a mix of properties used for owners as “holiday homes” and rental properties managed by the resort itself.

Owners have access to the resort facilities such as:
Open-air swimming pool and terrace, with adjacent children's pool, Kids park including an outdoor playground, two tennis courts and multipurpose Astroturf court (football & basketball), plus reception service, Portuguese and Mediterranean cuisine restaurant, two bars, ample parking and 24hours security,
And if the property is in the *rental pool*, owners have also access to the Indoor pool, Spa and Gym.

THE PERIOD OF THIS 1/4 SHARE IS *C *, which corresponds to (13 WEEKS / 3 MONTHS USAGE PER YEAR) on the following months:

in 2023 /2027 : 16 March - 30 April / 16 July -31 July / 01 October - 31 October
in 2024 /2028: 01 June - 15 July / 01 Nov. - 15 December
in 2025/ 2029: 01 February - 15 March / 16 August - 30 September
in 2026/2030: 07 January - 31 January / 01 May - 31 May / 01 August - 15 August / 16 December - 06 January

(Obs: the dates are in a rotating basis throughout the years)


The condominium fees /annual service charges, covers Resort administration, maintenance and repairs of common areas, reception, and security services and (property utility bills - water, electricity, building insurance).


Buying a 1/4 SHARE (13 WEEKS /3 MONTHS USAGE PER YEAR) you become part owner of a freehold property which is yours to enjoy throughout the year on a rotating basis. This scheme is very simple. With three other independent parties, you own a luxury freehold property at Vale d'Oliveiras Resort, located in the heart of the Algarve. Each quarter secured by a Certificate of incorporation of a private limited Company. Buying through this well proven system considerably reduces the cost of ownership as it is split into four equal parts, each party using the property for 12 weeks of the year. It is an all-year-round destination, ideal for family holidays, golf breaks and group travel.

This is an ideal opportunity to own a share (1/4 Share) in a fabulous turnkey property on a beautiful resort where you can have your holiday home for 13 weeks /3 months of the year.

Contact us for further information or to schedule a visit to this property. Virtual viewings also available, through video call.



REF: VC685

Algarve, Carvoeiro, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    30.1 miles
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About the agent

Vernon LDA, Algarve

Rua povo do Burro nº 1 Praia do Carvoeiro Algarve Portugal 8400-502 Carvoeiro LGA

Vernon LDA, Algarve

Looking to Buy or Sell!

Vernon is one of the longest established and licensed real estate agents in Portugal, founded in the Algarve in 1990, with Lic. nº 956 AMI with office in the centre of Carvoeiro – Lagoa.

With all these years ‘experience in the Algarve property market, Vernon Real Estate has built a strong reputation for a bespoke service to meet the needs of every client, whether you are selling, up/down-sizing or looking for the right property or commerce in the Algarve to

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Notes

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This is a property advertisement provided and maintained by Vernon LDA, Algarve (reference 90533_VC685) 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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