Grab this excellent opportunity for both a rentals investment and a wonderful holiday escape of your own in Algarve, Portugal.
Part of a property makeover of the Jardim do Paraíso complex at the prime Quinta do Paraíso resort in Carvoeiro, this beautifully refurbished apartment comes complete with brand new furnishings and appliances, resort-style living and a guaranteed rental return, making it an ideal turnkey property.
KEY PROPERTY FEATURES:
-Property Type: First-floor apartment, fully furnished and equipped; total area of 86,8m²
-2 Bedrooms: 1 generous master bedroom with built-in closets and bathroom ensuite; 1 additional room with sofa-bed and desk, flexible as guestroom or office space
-2 Bathrooms: 1 ensuite; 1 in common area
-Living Space: Spacious open-plan design incorporating living, dining and kitchen areas; accommodates 4
-Balcony: Garden and street view; seats 2-3. Separate outdoor seating area at entrance
-Kitchen: Well-equipped for meal preparation, with fridge, 4-plate stove, microwave, dishwasher, toaster coffee machine
-Additional Features: Includes laundry and storage area with washing machine. Air-conditioning, TV and high-speed Wi-Fi.
-Resort Amenities: Central pool area; additional access to Quinta do Paraíso amenities
-Parking: Common area parking
-Investment: A 3-year rental guarantee under a resort AL License provides 5 % net annual return before tax (based on building value), plus a selected free rental option. Condominium fees apply.
INTERIOR HIGHLIGHTS:
This fully furnished first-floor apartment has been completely renovated with a tastefully sleek urban feel, providing the utmost in comfort. Accommodating up to 4 people, the living room seamlessly integrates with the dining and kitchen areas, opening out onto the balcony. Extra features include an outdoor seating area by the entrance, a storage laundry space, double glazing with mosquito netting and shutters, and solar paneling.
RESORT HIGHLIGHTS:
Jardim do Paraíso consists of 60 apartments in nine 2-story buildings surrounding an inviting communal pool with nice, grassed areas. Immerse yourself in the resort lifestyle by taking a refreshing dip and lounging by the pool, or enjoy the facilities at nearby Quinta do Paraíso, including two large pools for adults (one heated), a kids’ pool, restaurants, a pool bar, tennis courts, mini-golf and a children's playground.
PRIME LOCATION:
Located in one of the most desirable areas of the Algarve to visit and live, Jardim do Paraíso is in a quiet neighborhood close to gorgeous beaches and coastal trails, just a 5-minute walk from the renowned Carvoeiro Tennis Padel Club, and a short drive from popular golf courses such as Gramacho and Vale da Pinta. A comfortable walk away, the picturesque seaside village of Carvoeiro offers a variety of great dining and shopping options, while more options abound in nearby towns such as Ferragudo, Lagoa, Portimão, Benagil and Silves.
CARVOEIRO BASICS:
Weather: 300+ days of sunshine a year
Fitness racquet facilities: Carvoeiro Tennis Padel Club; Rocha Brava
Nearby Beaches: Carvoeiro, Centeanes, Carvalho, Benagil, Marinha, Caneiros
Local Golf Courses: Gramacho, Vale da Pinta, Vale de Milho, Silves,
Distances:
+/- 45 minutes from Faro Airport
+/- 2,45 hours from Lisbon airport
+/- 10 minutes from train station in Estômbar or bus hub in Lagoa
Don’t miss the chance to make this apartment in Carvoeiro your own!
This is the last of the T1+1 units available on the first floor. Another apartment on the ground floor is also available.
Six additional 1-bedroom apartments will be ready in April 2024, available now for reservation.
Please contact me for further details or to schedule a viewing.
INFORMATION
KW Flash offers financial assistance by a Credit Intermediary authorised by Banco de Portugal. If you have any financing needs, we can help.
At KW Flash, we share business with all real estate consultants or agencies with an AMI license because we believe that, together, we can do more for our clients. If you are a real estate professional with a qualified customer, please contact me to schedule a visit.
