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Algarve, Lagoa, Portugal

€50,000
Vernon LDA, Algarve
PROPERTY TYPE

Town House

BEDROOMS

1

BATHROOMS

1

SIZE

1,152 sq ft

107 sq m

Key features

  • 1 bedrooms
  • House area: 107 sqm
  • Swimming Pool
  • Air conditioning
  • Condition: Good condition
  • 1 bathrooms
  • Fireplace
  • Construction year: 2008

Description

Fantastic opportunity, to buy with a relatively small investment a QUARTER SHARE (13 WEEKS / 3 MONTHS USAGE PER YEAR) of a spacious single storey 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, spacious townhouse of 107m2 with private terrace, fully equipped and furnished, comprising of 1 bedroom with built in wardrobes, 1 good sized bathroom, spacious open plan lounge and dining room with wood burner fireplace, fully fitted & equipped kitchen, with a good sized terrace from lounge and bedroom, offering open views to the landscaped gardens, 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 townhouse 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. 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.


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)


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: VC731

Algarve, Lagoa, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    30.2 miles
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About Vernon LDA, Algarve

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

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 today. Our highly qualified, multilingual, and friendly team, will give you their utmost support through the whole process, covering all elements from finding an ideal property to handing over the keys and beyond.

We offer professional assistance and guidance regarding finance, legal advice and can also provide you with mortgage advisers, licensed solicitors, management /rentals & construction companies, and other services, to help through the process of buying and selling.

With a wide variety of properties in our portfolio ranging from; sea view to country side villas, apartments, 1/4 shares properties, commercials, building plots, projects for professional investors/developers, listed with us throughout the Algarve, in some of the most privileges areas such as; Carvoeiro, Ferragudo, Lagoa, Alvor, Portimão, Lagos, Porches, Armação de Pera, Galé, Albufeira, Silves, Messines, enables our team to be able to find the perfect property solution for every buyer, no matter what your budget or requirements are, we are guaranteed to find what you are looking for.

For those looking to sell their Algarve property, our team can give you the correct market value, and to use their wide network of longstanding contacts to find the right buyer at the right price.

Working across various marketing platforms both nationally and internationally, you can be sure that your property will reach the right audience for a swift and stress-free sale.

Contact us now to buy or sell in the Algarve, OR to find out more about the many fiscal and lifestyle benefits of investing in property in Portugal.

We guarantee that you will be happy with the result; we will do our best to make your dream come true.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Vernon LDA, Algarve (reference 90533_VC731) 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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