Apartment in Lagoa

€ 490,000 For Sale

CPS001-D

Lagoa, Faro

Carvoeiro

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Description

This brand new condominium is currently under construction and will consist of 44 semi-detached villas with private pool and 32 apartments. The villas are 100% sold. Only some apartments available. First fase is finished. Next fase is far advanced. (apartments) Expectation to finish resort in Q3 in 2024.

AVAILABILITY
We have 3 bedroom type of apartments, all in modern design. There are still great apartments available. Groundfloor apartments with extra large terraces or an amazing ground floor garden. There is a choice for everyone!

12 groundfloor apartments

All apartments have a fully fitted kitchen, well designed bathrooms, private terraces, and access to prime amenities. Some of them has extra large terraces or an amazing ground floor garden.

ABOUT THE RESORT
Extraordinary land area with amazing views and the lowest construction density in this region. Limited number of units in a private touristic condominium. Outstanding location between picturesque village, golf courses and beaches. This exclusive nature resort with 44 semi detached villas with private pools and gardens; and 32 apartments with a common swimming pool and beautiful gardens. A small scale development on a 30 hectares (74 acres) land area, an outstanding location with a unspoiled views. All villas and apartments have a contemporary design and construction, being the perfect choice for holidays, second home or investment. All future owners will benefit from discounts at Pestana Golf Resorts.

FACILITIES & SERVICES
Gated resort with 24-hour reception
Condominium Pool
Restaurant & Bar
Outside parking
Hotel & rental managementservices
Maintenance & repairs
Landscaped gardens
As owner you got access to discount on Golf course.
Security

RENTALS
Home owners are free to occupy their apartment seasonally, or year-round, as well as benefit from the resorts services and amenities. When owners are abroad or simply not around, they can easily generate income through rentals with the on-site 24hour reception and rental management company.

FINISHINGS & FURNITURE
All apartments are being delivered with high quality finishings and it is possible to buy a furniture package. If you choose to rent out, it is mandatory to buy the furniture from the package as the quality of furniture needs to be same in all apartments.

PROGRESS OF CONSTRUCTION & KEY DELIVERY
Construction has started in July 2022 and the builder is expecting to built for 24-26months. The finalisation of construction is therefore forecasted for the 3th quarter of 2024. The villas are already finished. The are busy with the apartments. The inspection from the townhall will be requested and once all approved the town hall will provide the final touristic license for the resort. From this date, that the license is issued, it is possible to schedule the notarial deeds for final payment, becoming the owner and receiving the keys of your brand new, luxury apartment.

ABOUT THE BUILDER/ARCHITECTS
The Pestana Group, with more than 45 years of experience, has developed throughout it's history it's main activity in the tourism sector. With diversified presence in various areas, is the portuguese leader in the area of tourism and leisure. The group currently manages more than 90 units, between hotels and inns, spread across 15 countries, as well as 6 Golf courses and several tourist resorts. This portfolio was built based on strict principles of sustainability, adding value and preserving resources for future generations.

ABOUT THE LOCATION
Acclaimed by its mediterranean yearround climate, the Algarve is one of Europes top beach destinations, and a world-renowned golf retreat. With residents from all Europe, and activities 365 days a year, it is also one of Portugals leading region in terms of economic growth. Explore your adventurous side, relax with your family by the pool, or simply enjoy the surroundings. Whether you prefer golfing, sailing on the pristine waters, scuba diving or just relaxing under the sun, you are sure to find an experience to spark your day, every day.

Located in-between Carvoeiro and Ferragudo this is a tranquil location with beautiful views whilst still close to amenities and the beaches.
A 4 minute drive (2,2 kilometer) brings you to the beautiful Praia dos Caneiros to enjoy the beach or a nice meal in the beach restaurant. Within 7 minutes drive you can be in the centre of either Carvoeiro or Ferragudo. Within 10 minutes you are on the motorway and Faro airport is at under 45 minutes from the condominium.

Do you wish more information? Contact us for more details or download the brochure and floorplans. As the construction is already far advanced it is possible to book a viewing and actually visit the apartments We are happy to show you the building site, the apartment, as well as the show unit with the furniture and finishing to give you the right impression of the final look & feel. Book your appointment and we are looking forward to meeting you in Portugal!

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Portugal Mortgage Brokers, licensed by the Bank of Portugal, are a free independent service working with all Portuguese banks. We specialise in offering mortgage information to residents and non-residents purchasing a property in Portugal, whether it be for a main residence, secondary home, investment, construction loan or renovation loan. We act as mortgage brokers to find you the most suitable and competitive mortgage program in the market. A simulation showing all costs is provided and an affordability check is carried out before submitting, we can then reach an official approval with the bank within 2 weeks of receiving your documents.

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