An off-plan four-bedroom penthouse at a five-star Algarve resort offers strong rental potential near Praia dos Caneiros and Gramacho Golf. Priced at €1,788,000, the investment combines a luxury apartment, extensive outdoor space and professionally presented resort amenities. Its location between Ferragudo and Carvoeiro supports both holiday rental appeal and personal use. The property provides 149m² of living area within 275m² of total construction. A substantial 126m² roof terrace gives guests private space for sunbathing, dining and enjoying panoramic views. The outlook extends across the countryside and towards the ocean, creating a compelling feature for premium holiday accommodation. Four double bedrooms make the apartment suitable for families, groups and longer stays. Three bathrooms, including two en suites and one family bathroom, add convenience for multiple occupants. The open-plan living and dining room encourages sociable use and benefits from floor-to-ceiling glass doors. A fully equipped Bosch kitchen helps support self-catering holidays. High-quality Porcelanosa finishes, fitted wardrobes and recessed lighting reinforce the luxury positioning. The resort provides a spa, gym, yoga studio and other sports facilities for year-round guest enjoyment. Indoor and outdoor communal pools add further appeal during the warmer Algarve season. Guests can dine on site at the restaurant, rooftop tapas and cocktail bar, bakery or coffee shop. Landscaped gardens and orange groves create an attractive setting with a strong sense of place. Praia dos Caneiros is around 1.4km away, and Gramacho Golf Course is approximately 2.4km from the resort. Carvoeiro, around 2km away, offers additional restaurants, shops, beaches and leisure activities. The development is off plan, with completion expected around 2026, allowing buyers to plan ahead for ownership and rental use. Contact us to discuss projected rental strategies, availability and the purchase process for this Algarve investment.
• Living area 149m² - Construction area 275m2
• Off Plan - completion approx. 2026
• Build time approx. 2 years
• Breathtaking Panoramic Views
• 4 Bedrooms, 3 Bathrooms
• 5 Star resort facilities, top rental possibilities
• Distance from Beach 1.4km
Situated within a 5-star resort these contemporary penthouse apartments are part of a new block of 15 luxury apartments already under construction. These third-floor penthouse apartments will feature bespoke contemporary designs including high specification fixtures and fittings including Porcelanosa and Bosch plus large roof terraces offering unmatched 360º degree views of the ocean and countryside. Perfect for rental investment, holidays or permanent living. The resort facilities include a luxury spa, gym, yoga and other sports facilities along with a reception, restaurant, rooftop tapas & cocktail bar and exclusive use swimming pools. The whole resort is located within landscaped gardens and orange groves, surrounded by nature and in easy distance of wonderful beaches, coves, golf courses and towns in the beautiful central/west Algarve. For further information, don't hesitate to contact us!
Each apartment comprises:
• Open-plan living/dining
• Fully fitted and equipped open-plan luxury kitchen
• 4 double bedrooms, with fitted wardrobes
• 2 en-suite bathrooms, one family bathroom
• Terrace area of 126m²
External
• Underground parking
• Beautiful, landscaped gardens
• Reception
• Luxury spa, gym, yoga studio & multi-use sports facilities
• Restaurant, tapas & cocktail bar, coffee shop
• Exclusive use indoor-outdoor pool
Amenities
• Bosch appliances & matte units
• Porcelanosa tiles and bathroom ware
• Frameless glass balustrades on terrace
• Floor to ceiling glass patio doors
• Underfloor heating in bathrooms
• Fitted wardrobes
• Security entrance door
• Solar control double glazing, with electric shutters
• Hi-spec heating and cooling system
• Hi-spec ventilation system
• Pre-installation for security system
• Recessed lighting
• Fibre speed internet
Location
• Distance to sea: 960m
• Distance to nearest beach: 1.4km, Praia dos Caneiros
• Distance to golf: 2.4km, Gramacho
• Distance to nearest town 2km, Carvoeiro
• Distance to Faro airport: 65.5km (A22)
