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Algarve, Lagoa, Portugal

€89,000
Vernon LDA, Algarve
PROPERTY TYPE

House Share

BEDROOMS

2

BATHROOMS

2

SIZE

1,033 sq ft

96 sq m

Key features

  • 2 bedrooms
  • House area: 96 sqm
  • Swimming Pool
  • Air conditioning
  • Condition: Good condition
  • 2 bathrooms
  • Construction year: 1988

Description

An opportunity to buy a 1/4 SHARE in a beautiful modern and tastefully decorated 2 storeys, east/southwest facing, 2 bed, 2 bath townhouse, located on the prestigious complex of Pestana Palm Gardens on the outskirts of Carvoeiro village, within 200m of Centeanes beach and less than 5 min drive from Carvoeiro centre, beach and its amenities. Faro Airport is only 40 min drive away.

Pestana Palm gardens is a 4-star clifftop resort located near Carvoeiro on a plateau overlooking the ocean and the Praia de Centeanes beach, which is protected by tall sandstone cliffs, located only 200m from Centeanes beach, the resort was first opened in 1990 and was fully renovated in 2002/2003.
It is surrounded by palm tree filled gardens and extensive grassed areas and it comprises of seventy-eight *Townhouses*, all of which have 2 bedrooms, some have direct sea views, and all are fully furnished, equipped with roomy kitchens and wide sliding doors onto the beautiful, landscaped garden.

This townhouse comprises of: On the ground floor there is a fully equipped kitchen, and a shower room with WC, a spacious lounge with access to a private terrace leading directly to the garden, where you can enjoy a magnificent sea view, while relaxing in the sun or enjoying a good meal outdoors.
On the upper level there are 2 large bedrooms both with fitted wardrobes and 1 bathroom. The master bedroom has a small balcony facing the pool and the second bedroom has a window overlooking the sea.

It is sold fully furnished and equipped with fully air conditioned, infra-red heaters in both bathrooms, safe, satellite TV, double glazed windows with mosquito nets.

The resort provides several facilities for you to relax and enjoy to the fullest (most of these services are mostly provided by the resort for free. External or paid services are identified).
Outdoor pool (heated in the winter months), kids Pool, which is surrounded by a beautiful garden, Fitness center, including a gym, sauna, Wellness Center, Massages and beauty treatments (payable), Free Wi-Fi, Tennis Court and a table tennis, Restaurant, Pool bar, Children's playground, Parking, Baby Sitting (payable), 24h Reception, etc.

This particular property is being sold as a 1/4 SHARE, that gives you an opportunity to buy a beautiful place in the sun, at an accessible price and entitling you to 13 WEEKS USAGE throughout the year on a rotating basis on a 4 year cycle (weeks are split between the seasons so you have access at all different times of the year).

THE SALE PERIOD OF THIS QUARTER SHARE - (1/4 share) is *Period C*, which corresponds to the following months:
2025: February, June, October
2026: January, May, September
2027: April, August, December
2028: March, July, November
2029: February, June, October
(Obs: the months are in a rotating bases throughout the years and will continue in perpetually)

Buying a 1/4 share for a relatively small investment you become part owner of a freehold property which is yours to enjoy 13 weeks/3 month throughout the year on a rotating basis.

The scheme is very simple. With three other independent parties, you own a freehold property at Pestana Palm Gardens, located in the heart of the Algarve.
Each quarter secured by individual title deeds. 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.

Don´t hesitate to request for further information or to organize a visit. virtual tours also available by video phone.


REF: VC735

Algarve, Lagoa, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    27.9 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_VC735) 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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