€ 2,450,000 £ 2,033,027 $ 2,555,717
Reference: PP174624
Villa
Praia Da Luz, Western Algarve
3 Bedrooms
4 Bathrooms
Ownership Status: Company
Built in: 2024
239m2 Build size
€ 10,251 £ 8,506 $ 10,693 / m2 build
900m2 Plot size
€ 2,722 £ 2,258 $ 2,839 / m2 plot
Plots 5 , 6 and 7
Build size from 239,30 m2- 240 m2
Plot 5 is under construction.
Key in hand "turnkey" is the sum of Plot + Construction
Here is your fantastic opportunity to acquire exceptional architecture and design in one of Portugal's premier destinations. These houses boast a remarkable return on investment, an impressive rental yield, and enhance convenience with luxury.
Discover this fresh development within an exclusive community featuring nine distinct plots meticulously crafted by the same esteemed firm. Each residence embodies a unique aesthetic, promising a captivating visual journey. These plots are all situated on a scenic hill overlooking the ocean, which makes each home provide inspiring sea views.
Convenience and luxury define these properties, each boasting an underground garage equipped with elevators that ascend from ground level and make you experience a true James Bond moment every time you enter or exit your garage.
With their prime location and competitive pricing, these properties promise lucrative returns with high rental occupancy rates.
5 minutes from the historic town of Lagos
Price increase
7.7% - March 2023
4.3% - December 2023
Rental yield is between 5% and 7%.
The average annual rental occupancy is 63% (short-term)
Rental season starts around Easter, continues until the end of October, and peaks during the summer.
Enjoy the peaceful winter sun and have the great option of renting out the rest of the year. Or enjoy for yourself all year around this beautiful architecture and surroundings.
Additionally, we provide comprehensive property management services to facilitate effortless renting when you're away, ensuring a hassle-free income stream.
Get in touch with us if you need more information.
Reference: PP174624
Villa
Praia Da Luz, Western Algarve
3 Bedrooms
4 Bathrooms
Ownership Status: Company
Built in: 2024
239m2 Build size
€ 10,251 £ 8,506 $ 10,693 / m2 build
900m2 Plot size
€ 2,722 £ 2,258 $ 2,839 / m2 plot
Taxes and Expense : € 0.00
Loan amount : € 0.00
Your monthly payments : € 0.00
Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.
Yours sincerely,
Tony Berkery
In our Global Network
Portugal • USA • Canada • Mexico • Dubai • London • Spain • Italy • Germany • Greece • Aruba • Bahamas • India • Cayman Islands