1 Bed Apartment for sale in Monchique Region, Algarve, Portugal

The Longevity Wellness Resort is a 5 Star Development in the mountains of the Monchique region of The Algarve with beautiful views over sea and mountains; just 15 minutes from the coastline and the nearest town of Portimao.

The 195 unit development, nine acre condo resort hotel is located in a lush area with 83% of the property marked as protected natural reserve.

The first integrated 5 star wellness resort in the Algarve - all elements are organised to provide a memorable experience in Wellness and Healthy living. A mountain and nature retreat protected from big crowds and mass tourism but only 15 minutes from two main cities in The Algarve (Portimão and Silves). Nestled in the green hills of Monchique with breathtaking views of the hills and The Algarve coast.

The first medical spa in Portugal, in a resort environment, in an exclusive partnership with La Clinique de Paris/ Dr. Claude Chauchard, world leading expert in Preventive Medicine and Ageing Management and nationally coordinated by renowned Dr. António Boavida. The Longevity Medical Spa includes three different areas: Wellness and Relaxation,
Beauty and Rejuvenation and Health and Longevity. State-of-the-Art programmes range from Slimming and Detox to Beauty and Health Optimization.

Healthy gourmet cuisine offering sophisticated ambience, phenomenal views, local ingredients and the creativity of Chef Olivier, combined with the Vitality Nutrition programmes of Dr. Chauchard.

First class accommodation based on spacious, elegant and fully fitted suites (one-bedroom apartments) and not hotel rooms - offering more space, privacy, equipment and superior customer service.

An environmentally friendly architectural and engineering project, maximising the use of solar energy and rain water and leveraging the utilisation of environmentally sensitive features across the resort.


We have secured 20 units exclusively and directly from the developer, and are able to offer these on a fantastic financial package to our investors:

· 30% instant equity based on valuation from £75,000 / €90,000

· 75% mortgage from just £195,625 sterling (based on Prices from €313k)

· Fully furnished 1-bed, 2-bath apartments (€15,000 furniture pack INCLUDED)

· Upfront commitment fee of £2550 (this includes a £550 non refundable admin fee)

· 3 Year mortgage paid

· A 4% income for years 1-3 of approx £9,000 (based at the lending rate being 2.5%, therefore client will be making the 1.5% difference as profit, which is around £3k per year as well as the mortgage being paid!)

· Year 4– 50/50 split of income with management company to achieve rental income to cover mortgage/costs, and receive a good profit

· Developer projecting a 6.5-7.5% income year 4 onwards based at 65% occupancy

· 3 years condo fees paid

· 4 weeks a year personal usage (personal usage is not totally free, the client will be required pay just 10% of the room rate charge for the period they choose to visit, but there are no additional fees to pay when they stay – i.e. maid/turndown/weekly check out clean etc)

· Part of ‘Interval International’ worldwide network group – trade personal usage for weeks away elsewhere globally