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3 Bedroom Penthouse Apartment For Sale in Quinta do Lago

In Quinta do lago, Loulé

investment property,portugal algarve

2.211.000 €
  • 3
  • 4
  • 183.66 m2
Energetic Certification
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Description

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flag Property in Portugal

Apartment for sale in Quinta do lago

An exceptional investment opportunity in prestigious Quinta do Lago. You can own a luxury residence in a sought-after location with world-class facilities, and generate rental income when you're not using your property.


Furthermore, this is one of the few remaining chances to invest in prime coastal real estate in the Algarve that is still eligible for the Golden Visa programme, which allows real estate investors to apply for residency in Portugal - and then travel and work freely across 26 EU countries.


The luxury apartments are located in Quinta do Lago, one of the most desirable locations to live in Portugal. Only 20 minutes from Faro Airport, close to the beach and boasting Michelin-starred restaurants and world-class golf, the residences are an ideal choice for an active lifestyle, including time spent playing tennis, golf, learning a new sport or exploring the fabulous Ria Formosa Natural Park.


Or maybe you prefer to relax and enjoy the leisure of shopping among world famous brand-name stores, finishing the day off with a delicious Portuguese meal at one of the many restaurants in the area.


The three bedroom penthouses will be refurbished and 'move in' ready, with the ocean-influenced décor portrayed throughout the residences. Expect open-plan living at its best.
All three bedroom apartments comprise a hallway, an open-plan lounge with a dining area leading out onto a large private terrace, an equipped kitchen, three bedrooms all with fitted wardrobes and the two bedrooms with en-suite bathrooms. There are two other bathrooms, one with bath/shower and the other a WC.


There's also a large outdoor pool with sun beds, parasols and refreshing bar, and a heated indoor pool with views of the picturesque gardens.


This exclusive collection of freehold residences are available now, and will be part of a fully managed rental programme, tailored to suit your needs. Because your home can be fully-managed and rented when you're not using it, there's also an attractive rental return guaranteed over 4 years.


More details:


- All the apartments are managed, fully furnished and equipped to 5-Star standards.

- Owners can use their apartment for up to 12 weeks (ad aeternum), with a maximum of 2 weeks in high season and a maximum three weeks in medium season and seven in the low season (winter).

- When using their apartment, owners have access to all of the Hotel’s services and facilities and have owners’ privileges and discounts.

- When owners are not using the apartment, the apartment is available to be rented to guests, ensuring a rental income for as long as they own the apartment.

These apartments are ready now, so you can view, purchase and be benefiting from your investment within a few short months.


One and two bedroom apartments are also available, starting from 596,000 EUR. Please contact us for more details.



Mortgage Simulation:
Duration: 35 years / 420 months


Purchase Price: 2,211,000€
25% Deposit / Down Payment: 552,750€
Finance: 1,658,250€
Interest Rate*: 2.5%
Monthly Payment: 5,928.16€


* Interest rates entered are based on the average percentage at the time of uploading. Please check with our Mortgage Advisors about the best rates you can obtain.

 
 
 
 
 

Property Details

  • Reference IDH32939
  • Type Apartment
  • Certification B-
  • Bedroom(s) 3
  • Bathroom(s) 4
  • House area 183.66 m2
  • Land area 251.37 m2
  • Zone Quinta do lago
  • Region Faro
  • Features:
  • Air conditioning
  • Pool
  • Garden
  • Sauna
  • Gym
  • Parking Space