Algarve 14º
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Apartments in Lagos, Meia Praia

Property Ref: AEP824

DETAILS

  • Energy Efficient Rating: Pending
  • Status: For Sale
  • Condition: New
  • Price: € 390.000,00
  • Nr of Bedrooms: 1
  • Golf
  • Garden
  • Swimming Pool
  • Furnished
  • Internet/Wifi
  • Reception
  • Restaurant
  • Sea View

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DESCRIPTION

Palmares truly represents one of the last opportunities to own a resort property in the Algarve within walking distance to the beach, with panoramic ocean views. The concept is to create a luxury residential integrated resort of beach, golf and tourism set in a unique location next to the ocean. The land ends in a 4 km sandy quiet beach at walking distance from the resort centre. Just 5 minutes’ drive to Lagos and 45 minutes’ drive from Faro international airport.
The resort is surrounded by a multi award winning golf course, with 27 holes by Robert Trent Jones Jr. with a very lively Golf Club (approximately 300 members) of different nationalities. The new Clubhouse, with panoramic ocean-views is already under construction and will open in September 2020.
The Masterplan of the resort (200 hectares) foresees the construction of 460 units, of which 103 will be Villas and a total of 357 apartments. There will also be a new international 5 star hotel with 172 rooms and an important set of sports and leisure facilities to complement the existing 5-star boutique hotel.
24 hour security and access to a wide range of maintenance and services available.

Signature APARTMENTS First Phase
Designed by Pritzker winners, RCR Arquitectes, the Palmares Signature Apartments are grouped in stylish clusters, offering modern finishes, unique design and practical living spaces. Perfect for permanent residence, an ideal holiday home or a rental investment, this first phase has a total of 37 units in a private condominium with adult and childrens pool and communal exterior gardens. Located at the heart of Palmares resort, within walking distance to the Clubhouse, all units are South-East facing, with a privileged view to the Alvor estuary, the Atlantic and the golf course. Standard layout of 1 or 2 bedrooms plus 1 or 2 additional office spaces, which may be used as extra bedrooms, with total areas from 79 - 198 square metres (including open terraces). The apartments are on 2 floors only, ground floor and first floor. Each unit includes 2 garage spaces and a private storage area and all apartments are sold fully furnished and equipped offering a turn-key package. A property purchase will include an Annual Golf Membership for two people. The resort offers an optional, flexible rental operation, with interesting ROI.

SPECIFICATIONS

  • IN CONSTRUCTION - OFF PLAN
  • DUE FOR COMPLETION FOURTH QUARTER 2021
  • 79 SQ M INCLUDING TERRACES
  • BEDROOM WITH FITTED WARDROBES
  • BATHROOM
  • OPEN PLAN KITCHEN & LOUNGE
  • OPEN & COVERED TERRACES
  • 2 GARAGE SPACES & STORAGE
  • FULLY FURNISHED & EQUIPPED
  • COMMUNAL SWIMMING POOLS & GARDENS
  • ANNUAL GOLF MEMBERSHIP FOR 2 PEOPLE
  • STAGED PAYMENTS
  • OPTIONAL RENTAL SCHEME
  • OCEAN & GOLF VIEWS


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