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Patroves Private Residences. Real Estate Investment Find! ⏳📈

Patroves Private Residences. Real Estate Investment Find! ⏳📈

Make €900K in Equity or Invest in a Single Unit for Rental Income. Take a look at this new gem from Ideal Homes Private Investment Portfolio.

As Portugal's popularity continues to rise due to its fantastic climate, culture, peacefulness, quality of life and growing number of tourism awards for golf, the world's top beaches, wines - the list goes on - demand for real estate has naturally followed.

The country's capital, Lisbon, first attracted global attention with its old world charm, but it's the Algarve that has been highlighted as the
'Big Shiny Bright Spot' for investment. The country's southern region has been known as 'Europe's best kept secret' for more than 20 years, enjoying the most sunshine hours per year in Europe. Its beautiful geography, climate and beaches have unsurprisingly created a constant flow of tourism and second home owners from across Europe. Aside from its aesthetic beauty, the Algarve today has every modern convenience and is also known as a calm, peaceful and friendly region. A reputation its held for centuries and only adds to its appeal in a time of growing global turbulence. These benefits, along with wider visibility through advertising and social channels, have pulled the curtain back on this notoriously quiet region of Portugal, bringing it forward on the global stage and with it an upward trend of increased tourism as well as foreign investment for retirement homes, second homes, and rental income investments. 

With growing demand for property, not just in the Algarve but across the country and limited building capacity, post crisis, property values have increased, nearly doubling the EU average. The Algarve has directly benefited from these market changes with record breaking tourism and demand for second homes, retirement and rental investment properties. Lack of capacity in the hotel sector to sustain the influx of tourism and the global trend towards AirBnB type accommodation is proving a profitable option for second home buyers who choose to also rent along with those investing purely for rental income.  

Patroves Private Residences - a new build development providing a brilliant opportunity for the savvy buyer or expert investor to get in on the region's growing popularity and property investment upswing. On the market to be sold as a full development or individual units, this project is in the final stages of construction. An investor can benefit from pre-completion valuation and see a return through reselling the entire project, individual units, renting units individually for rental income, or a combination of selling a portion and renting others. Individual buyers can also benefit from pre-completion valuation and use their unit as a permanent residence, second home or add to their income through rentals. Options can be as varied as the individual requires. 

Ideal Homes, founded on providing international clients with service excellence and identifying real estate investment opportunities globally, is happy to assist interested buyers through the entire purchase process, from finding the perfect property to financing, through to property and rentals management. Ensuring buyers have the information and insight required to make their investments with confidence, as well as having knowledgeable and experienced professionals managing their property investments through aftersales services.  

 
 
 
 
 
 

The Patroves Private Residence development, in the final stages of construction, is located in the town of Patroves. Found next to a former fishing village, along the coastal city of Albufeira, making it just five minutes to both the town and its popular marina. A region filled with stunning beaches, architectural landmarks, historic streets, a vast selection of restaurants, or bars, and water activities for the sports enthusiast. A striking architectural landmark of the city worth mentioning is the Cathedral of St Anne, "Igreja de Sant'Ana", built in the 18th century and less than ten minutes away.


Individual Units & Resale Pricing:
2 Bedroom Townhouses = 255,000€ - 310,000€ IDH8488IDH8489IDH8490IDH8503IDH8504IDH8505 & IDH8506
T2+1 Semi-Detached Villa = 325,000€
IDH8487 & IDH8507
T2+2 Semi-Detached Villa = 350,000€ 
IDH8486


The development units all have fully fitted kitchens: equipped with Teka appliances and special features such as an infinity pool in two of the semi-detached villas, high quality wooden decking on terraces, central vacuum systems, solar panels for water heating, garages and private access. 

Comprised of seven individual townhouses on one side, with the two end properties having a larger external space, one of which has plenty of additional space for an extra bedroom to be built in the basement. 

Facing the townhouses are three semi-detached villas, the first with two extra bedrooms and the other two with one additional bedroom. The first two have have their own individual swimming pool whilst the third has pre-installation for a Jacuzzi and they all come with spectacular views of the Algarve coastline.

Once completed, this development will have a communal swimming pool, a spacious terrace area and landscaped gardens, perfect for enjoying the wonderful sunny weather that the Algarve has to offer. Also equipped with private intercom and automatic gates, ensuring needed privacy and security.

Additional Features: 

  • Open Plan
  • Fully Fitted Kitchen
  • Premium Fixtures
  • Solar Hot Water
  • Pool
  • Ocean View
  • Private condominium
  • Central location
  • Contemporary Architecture
  • Near Golf Course
  • Near Shopping
  • Near Hospital/Medical
  • Terrace
  • Garage

Property Surroundings: 
Albufeira is a coastal city in the southern/central region of the Algarve. The former fishing village has been transformed into one of the biggest holiday destinations in Portugal, welcoming tourists from every part of the world. Its golden beaches compliment the vibrant night life in the “old town” and along the strip. A wonderful family destination with a diving base off the coast and dolphin watching trips. A lively and coloUrful marina which enjoys a waterfront promenade with activities for the whole family. 

Financing: 
Investment financing is available with interest rates as low as 1.75%

Rental Income Simulation (2 Bedroom): 
Approximate bookings based on seasonality. 
12 weeks at €1200 p/w 
8 weeks at €900 p/w
4 weeks at €600 p/w

Rental figures may vary depending on number of guests and can vary slightly depending on quality of final furnishings. Appropriate setup licences, insurance, etc., required for legal rentals will apply and can all be managed by Ideal homes property management and rental services. Ideal Homes ensures owners retain 90% of rental income. 

 
Come to the Sun! 
Join Us! March 16-18, 2018, at A Place In The Sun! Tickets Free! Come speak to us directly and learn all about buying abroad form our experienced team. Or, if you're further down the path and know where you want to start looking then book a bespoke Viewing Trip! We would love to help you find your new home or real estate investment! 
 
Competitive Mortgage Rates
Need financing for your real estate investment? A variety of competitive Portuguese Mortgages are available with interest rates as low as 1.75%. Contact us for a free consultation.
 
Property & Rental Management 
Buying a holiday home or have one and wondering how to manage it while you are away, or better yet looking to rent it for income? Worry not, from picking up your mail through to full rentals management we have you covered
 
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Ideia Fabulastica Mediacao Imobiliaria Unipessoal Lda
Vila Sol, Alto do Semino, Lote E, Loja 1, 2 + 3
Quarteira. Portugal. 8125-307


Tel: 0800 133 7644 / +351 289 513 434
Monday - Friday 10am/7pm, Saturday 10am/5pm

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