€ 600,000

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Live By The Sea! Located in the calm and peaceful village of Porches in the Algarve rests this new touristic development, only a short walking distance from the beach.

There are two types of two bedroom units, one of them on the ground floor of each block, and the other that occupied the whole 1st floor of each block. This unit is on the ground floor, composed of a master bedroom with an en-suite bathroom, second bedroom with walk-in dressing area, bathroom with double vanity, service bathroom, living-room and dining-room and kitchen. They also have three individual balconies, ideal for lounging and dining.

This development is completely car-free and offers several facilities such as ample green areas, outdoor and indoor pool, SPA, gym, games court with paddle and tennis, garage parking, concierge services, restaurant and bar. Composed of a total of 55 apartments with each their independent access. The units vary from one bedroom, two bedroom, two bedroom + terrace and 3 bedroom independent villas.

For those looking for a profitable investment, you are looking at a guaranteed profitability of 4% per year over the first 5 years.

Contact-us for further information in regards to the complex and the possibilities.

Situated in the central Algarve, the region of Lagoa is renowned for its coastline and boasts some of the best beaches in the country. The town of Lagoa is fairly small and traditional, and relatively non-touristy. Towards the coast you can find the charming villages and seaside resorts of Carvoeiro and Ferragudo, two of the most popular tourist destinations in the south of Portugal. The region of Lagoa also has some wonderful stretches of countryside, including a number of vineyards, and is one of four demarcated wine regions in the Algarve.

Energy Rating: A

Gross Construction Area: 148.25?

Useable Area: 112.3?

Land Area: 0?

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Property Features * Kitchen * Full Bathroom * Bedroom * Dining Room * Living room * Master Bedroom * Terrace * parking place * Master Bathroom * Water Closet * Beach * Business * Restaurants * Mountain * Field * Balconies * Lifts * Closed condominium * Airport * Swimming pool view * Golf court * View to Garden * Alarm (Unspecified)

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Amenities

  • Bedrooms: 2
  • Full Bathrooms: 3
  • Partial Bathrooms: 0
  • Property Type: Residential For Sale
  • Home size: 0 ft2 / 0 m2
  • MLS: 19230-4249
  • Web ID: NWW24U
  • Status: Active

Property brokered by

Casaiberia Real Estate

+ 351 912 818 818

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