Brand New Luxury 2-Bed Apartment On A Truly Unique World-Class Golf Resort

€ 1,214,100 £ 1,007,468 $ 1,266,488

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Key information

Reference: PP4182

Apartment

Loule, Central Algarve

2 Bedrooms

2 Bathrooms

Ownership Status: Developer

Built in: n/a

172m² Build size

€ 7,059 £ 5,857 $ 7,363 / m² build

Brand new collection of 1 & 2-bedroom luxury apartments currently under construction, exceptional design and build quality with high-end fixtures and fittings throughout, due for completion early 2023 with a guaranteed 5% return for 5 years.

Located on what is set to be a world-leading golf resort amidst 150 acres of serene countryside in a secluded and natural landscape of rolling green hills, rivers, lush cork and oak forests. A low-density resort development where sustainability, the environment and support of nature and local heritage lie at the heart of the resort. The overall concept for Ombria Resort is a destination that is in touch with the authentic Algarve.

Enjoy the best of both worlds, a perfectly managed holiday home and a guaranteed rental income. Branded management ensures you the perfect arrival, while your property and its rental, is completely taken care of after you leave. Simply turn the key and relax.

These freehold touristic apartments are fully managed by Viceroy Hotel & Resorts and offer a guaranteed minimum rental return of 5% per year for the first 5 years (pre-tax and net of expenses). The owners can use their apartment for up to 70 days per year.

Property owners will benefit from access to the resort facilities such as the sports facility, kid's club, 24h security service and golf discounts at the clubhouse restaurant and golf pro shop. An opportunity to acquire a unique property in a tranquil location in tune with the picturesque mountains.

Planned to open in early 2022, Ombria Resort will offer a landmark golf experience with an 18-hole, par 71 signature golf course where nature has been fully integrated into the play experience to provide a diverse challenge and setting. Set to be one of the finest resorts in Portugal where players will enjoy the outstanding facilities of a premium branded hotel, an endless choice of sporting activities and the perfect all-year-round climate of an inland Algarve golf course.

Nestled in the heart of the Algarve, enclosed by nature reserves and picturesque, white-walled villages, easy access just a short drive to some of the Algarves most exceptional golden sand beaches and 20 minutes drive from Faro airport.

Features

Pool
Air conditioning
Garden
Furnished
Heating
Parking
Underground Parking
Reception room
Terrace/Balcony
Covered dining area
Gym
Storage room
New development
Luxury property
Features great views
Golf views
Morning sun
Evening sun
Near bars / restaurants
Near a golf course

Energy rating

A+
A
B
B-
C
D
E
F
G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PP4182

Apartment

Loule, Central Algarve

2 Bedrooms

2 Bathrooms

Ownership Status: Developer

Built in: n/a

172m² Build size

€ 7,059 £ 5,857 $ 7,363 / m² build

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Loule, Central Algarve

Loulé is famous throughout Portugal for hosting the biggest and most flamboyant Brazilian-style carnival each year before Easter. At carnival time the town is transformed into a mesmerising party of colour, music and dancing. The event attracts people from all over the Algarve who come to watch the processions and join in the festive atmosphere.

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Loulé sits 12 km from the coastline of the 'Golden Triangle', an area which encompasses the luxury resorts of Vale do Lobo and Quinta do Lago.

The centre of the town is steeped in history. Its thirteenth century castle is built on an area previously settled by the Romans and its main church, Igreja Matriz de S.Clemente, was built on the site of an ancient mosque and also dates back to the thirteenth century. Loulé market hall (Mercado Municipal) is a striking landmark and an excellent example of classic Moorish architecture. It re-opened in early 2007 after a long period of renovation. Browse the town’s cobbled streets and you will see how Loulé has gained a reputation as the craft capital of the Algarve. Local handicrafts include ceramics, copperware, leatherwear, embroidered linen and tableware, quilts and lace, many of which can be purchased at the colourful Saturday gypsy market.

Some perks of owning property in Loule: Faro Airport is just 20 minutes’ drive away and is served by several low-cost airlines, it is traditional Algarve combined with modern living, just 10 minutes’ drive to the 'Golden Triangle' town of Almancil, easy access to excellent road and rail networks, close to world-renowned golf courses, a wide choice of local leisure activities for all ages including art galleries, swimming pools and a sports pavilion, a wealth of restaurants and bars serving international cuisine, traditional markets, numerous supermarkets, English-speaking banks, pharmacies, local health centres and other amenities. A new major retail outlet with Ikea and 110 shops, opening in 2017, is a short drive away, plenty of entertainment for the children in and around the area including Roma mini golf park in Vilamoura, Aquashow waterpark near Quarteira and the renowned Zoomarine centre in Albufeira.

If you are seeking a property in an authentic country town in the foothills of the Algarve mountains then search no further than Loulé. This town is one of the oldest in the region and is located just 18 km (11 miles) northwest of Faro.