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Home For Sale

Picture of Home For Sale in Lagoa, Algarve, Portugal

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Lagoa, Algarve, Portugal

1,927 sqm

Listed By: Investgo Llc

Listed On: 03/17/2024

Listing ID: GL11074121

Description

AVAILABLE FOR GOLDEN VISA 400KThis Enterprise is a top-quality resort in the Algarve.LOCATIONWith stunning views over the sea and the city of Carvoeiro along its coast. This region is considered one of the most exclusive European summer leisure destinations. Nomad Bay is close to a charming coastal town, Carvoeiro, where you can find a post office, bank, pharmacy, restaurants, supermarkets, flower shop, and church.THE ENTERPRISEApartment owners at the Resort can manage them as they wish: they can use them as their own dwelling, summer residence or as an investment for passive income.In case property owners in the development choose the investment route, the leases will be managed by the Hotel Management, so that apartment owners can get the most out of it and benefit even though it is not used personally. An annual yield of 4% is expected and if this goal is achieved, this revenue will increase to 5% or more in subsequent years.THE PROJECTThe apartments have a modern, bright and pleasant design. In total, the resort has 74 apartments, among which there are 3 different types: 1-Bedroom, 2-Bedroom, and 3-Bedroom typologies.All apartments have a terrace and outdoor area, as well as some of the 2-Bedroom and 3-Bedroom apartments, have magnificent views of the sea.FINISHES AND FEATURESThe resort guarantees privacy on its territory 24 hours a day. Tenants have access to swimming pools, gardens, parks, roof terrace, restaurant, bar, gym, underground parking and hotel and rental management service. Maintenance and repair work, transport to beaches, and others are the responsibility of the resort's management company.The apartments have thermal insulation, double glazing, wooden floors and others.Natural flooring, heated floors in the WCs and air conditioning in all apartments. The kitchens are fully equipped with the latest appliances: dishwasher, washing machine, refrigerator, extractor hood, hob and oven, as well as microwave and coffee machine.There are apartments with and without parking spaces.Location:a?? 7.5 km from EstA?mbar train station, Lagoa city;a?? 4km from the city of Lagoa;a?? Faro is 65 km away, Lisbon is 325 km away and Porto is 550 km away.It is also:a?? 30 minutes by car from Faro International Airporta?? Beaches 5 minutes away by car and 15 minutes away on foot.a?? There are also golf courses and a tennis club nearby.