Ref: HS2588199

Vale Da Pinta

2 Bedroom House (New Build)

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EUR €404,800  (approx. GBP £356,526)

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Property Details

  • Property: House (New Build)
  • Bedrooms: 2
  • Bathrooms: 3
  • Receptions: N/A

Vale Da Pinta

20% discount from current market value Located on Championship Algarve Golf Course 100% finance Free membership of 2 championship golf courses worth 30,000 Mortgages with low interest rates + 5 ye...

Features


  • Swimming Pool
  • Golf
  • Garden
Think about the Algarve and golf springs readily to mind. The sheer range and quality of the Algarves courses make the region one of the Worlds leading golf destinations and at the top of the list are Pestanas Vale Da Pinta and Gramacho courses in Carvoeiro. Properties in this exclusive golf development have been in high demand and very few properties remain unsold. We have managed to negotiate an exceptional deal for a small number of luxuriously completed linked villas and 1 bedroom apartments, overlooking the golf academy and course. For these twelve 2 and 3 bed villas and seven 1 bedroom apartments, we have agreed a 20% discount to current bank valuation which facilitates 100% finance. In addition, the mortgage agreed offers an extremely low interest rate and a 5 year interest only period. Whether you are buying for personal use or as a holiday rental, this is a rare opportunity in such a mature and secure market. It is also a market with prospects; as Europes baby boomers retire, the Algarve will continue draw home buyers and tourists providing a solid basis for good long term rental and capital growth. An unbeatable combination of world class beaches and golf courses combined with a sensational climate, has led tourism to be the main driver of the Algarve economy. The Algarve is blessed with almost 3,000 hours of sunshine a year, and it is difficult to pick a rainy day. Golfers are able to come and play into the evening, and it is little wonder why the Algarve has become one of Europes leading golf destinations, both for investment and tourism. The destination is home to 10 of the Worlds top 100 courses ranked by the prestigious Golf World magazine. Furthermore, The International Golf Association voted the Algarve the best golfing destination. Like the Spanish Costas, Portugals Algarve coast has also soared in popularity with retirees, second home owners and tourists alike. However, tighter planning controls here have meant limited over development. Although a lot of property has been built to satisfy demand from Northern Europes Baby Boomers, quality has remained high and demand has kept pace with construction. Vale Da Pinta already has a reputation as being one of the leading golf courses and resorts in the Algarve and benefits from the prestige and security from being part of The Pestana Group one of Portugals leading, Resort, Tourism and Real Estate companies. They currently own and operate over 45 hotels on 5 continents as well as golf courses, casinos, travel agents and a variety of other companies. They have built a reputation for exceptional build quality and service that is second to none. Each villa or apartment is appointed to an excellent standard with extremely high quality finishes. Additionally owners will have access to the extensive resort facilities and dedicated on site property rental and management office. Such locations come at a premium in the Algarve as the golf access drives much greater rental demand through the winter season. It also offers a great lifestyle choice as the quality combined with facilities means the property can be enjoyed and rented out with minimum hassle. All this in a market which has performed well throughout the recession and is set to be one of the primary beneficiaries of investment as Europes baby boomers retire and spend more time in the Med. As an additional benefit all investors who choose to purchase a property within this development will receive a 30,000 membership to the Gramacho and Vale da Pinta golf courses, the latter of which has been 8 times host of the European Seniors Tour Qualifying Final.

Location



Activities


Golf

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Disclaimer: Property Reference: HS2588199. This listing is a property advertisement. PropertyIndex.com does not control the content of the advertisement and makes no warranty as to the accuracy or completeness of the advertisement, or any associated or linked information. This property advertisement does not constitute property particulars. The information is maintained by Property Frontiers. Please contact the owner, selling agent or developer directly to obtain any information.