Algarve, Lagoa, Portugal
- PROPERTY TYPE
House Share
- BEDROOMS
2
- BATHROOMS
2
- SIZE
1,313 sq ft
122 sq m
Key features
- 2 bedrooms
- House area: 122 sqm
- Swimming Pool
- Air conditioning
- Condition: Excellent condition
- 2 bathrooms
- Construction year: 2008
Description
For sale, Quarter-share (13 WEEKS / 3 MONTHS USAGE PER YEAR) of a modern, spacious top floor west facing apartment of 122m2 with private terraces, 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, with a good sized terrace from lounge and another smaller terrace from master bedroom, both terraces offering open views to the landscaped gardens and overlooking the pool, the perfect spot to enjoy your al fresco meals or just to relax with family and friends while enjoying a magnificent Algarve sunset.
This bright west facing apartment is designed for all year round living and is fully equipped with Wi-Fi, 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:
Interior and open-air swimming pool, with adjacent children's pool, kids park including an outdoor playground, Gym, Spa, two tennis courts and multipurpose astroturf court (football & basketball), plus reception service, Portuguese and Mediterranean cuisine restaurant, bars, and ample parking.
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 *A *, which corresponds to (13 WEEKS / 3 MONTHS USAGE PER YEAR) on the following months:
2024/2028/2032: 07 January - 31 January / 01 May - 31 May / 01 August - 15 August / 16 December - 06 January
2025/2029/2033: 16 March - 30 April / 16 July -31 July / 01 October - 31 October
2026/2030/2034: 01 June - 15 July / 01 Nov. - 15 December
2027/2031/2035: 01 February - 15 March / 16 August - 30 September
(Obs: the dates are in a rotating basis throughout the years)
ATTENTION: there is the possibility of purchasing the 4 periods, that is, the property as a whole (in use during 365 days/ 12 months), or 2 periods (1/2 half share of the property - with the usage of 26 weeks/ 6 months a year)
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), excludes IMI and contents 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 13 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: VC723
Algarve, Lagoa, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)30.2 miles

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Notes
This is a property advertisement provided and maintained by Vernon LDA, Algarve (reference 90533_VC723) 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.