Buy 1 Bedroom House, €577,000
🇵🇹 Portugal, Faro, Almancil, Loulé
79
1
3
A
About the Property House
Rooms
1
Bathrooms
3
Total Area
79
Useful Area (Living)
66
Deal Information
Type
Sell
Price
€577,000
Price Type
Full Price
Price per m²
€7,303.8
About Mortgage
Mortgage Payment
€2,855/mon.
Salary
€5,710/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€1,975.14/mon.
Overpayment €31,830.76
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Description
Elegant 1-Bedroom Apartment in a Five-Star Hotel with Golf Course View, Located in the Prestigious Quinta do Lago, Algarve

Every aspect of its design and functionality has been carefully considered, and this apartment has been designed and adapted for residents to relax and enjoy their time, as well as to appreciate its aesthetically pleasing environment.

It has a total area of 79 m², consisting of:
- 1 suite;
- 1 closet;
- 1 kitchen;
- 1 guest bathroom;
- 1 living and dining room;
- private outdoor space;
- underground parking;

This hotel grants owners the privilege of full access to leisure facilities and exclusive benefits, such as:
- Owner's concierge;
- Dedicated private check-in;
- Wi-Fi;
- Daily cleaning services;
- Free 5-year membership to The Registry Collection;
- World luxury exchange program with over 240 of the best vacation properties in the world;
- Grand Spa;
- Children's club;
- Executive lounge;
- Sauna;
- Jacuzzi;
- Restaurants;
- Underground parking;
- Daily courtesy storage for golf clubs and golf shoes;
- Fully equipped gym;
- Conference and meeting rooms;

Option A:
- Apartments with golf course views with a 7% guarantee for the first 3 years for the Property Titles.

Option B:
- 42.5% of the net rental pool revenue (profitability program) is distributed among owners. The hotel retains 57.5% of the rental pool revenue and is responsible for operating costs, maintenance, and covers service fees on behalf of the owners.

Usage Period:

Each year, the owner is entitled to 12 weeks of private use of the apartment:
- 2 weeks in the high season (June and September);
- 3 weeks in the mid-season (March, April, May, and October);
- 7 weeks in the low season (January, February, November, and December);

The combination of a prime location, high-quality infrastructure, and exceptional services makes this an attractive choice for those seeking a home in one of the most sought-after destinations in Europe.

It enjoys excellent access and is located at:
- 750m from the Golf Course;
- 750m from the Supermarket;
- 2km from the Beach;
- 2km from The Campus;
- 10km from the Highway;
- 13km from the Hospital;
- 18km from Faro Airport;
 
 
€577,000
Price Full Price
Amber Star Real Estate ID 59
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Ref: 20309838 Portugal, Faro, Loulé, Almancil
Price and availability information updated 10/15/24
 
€610,000 Full Price
6%
1 Bedroom
House
81
€7,531/
Almancil • Portugal, Faro, Loulé, Almancil
€610,000 Full Price
6%
1 Bedroom
House
81
€7,531/
Almancil • Portugal, Faro, Loulé, Almancil
€610,000 Full Price
6%
1 Bedroom
House
79
€7,722/
Almancil • Portugal, Faro, Loulé, Almancil
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