Investing in penthouses in Ferragudo presents fantastic rental opportunities due to the area's popularity as a holiday destination. With 4 bedrooms and luxurious amenities, these penthouses are perfectly suited for families and groups, ensuring high demand for rental throughout the year. The location is key, situated just 1.4 km from Praia dos Caneiros, a renowned beach destination, attracting tourists seeking sun and leisure activities.
The 5-star resort facilities cater to all guests, providing endless amenities such as swimming pools, a modern gym, and a relaxing spa, enhancing the appeal for potential renters. The luxurious finishes and spacious interiors, including open-plan living spaces and high-spec appliances, create an inviting atmosphere for short-term holiday rentals. Furthermore, this area boasts a vibrant local dining scene, shops, and easy access to golf courses, increasing the desirability of these apartments.
With high occupancy rates typical for luxury properties in this region, the return on investment (ROI) potential is substantial. Buyers can expect attractive rental yields, making it an ideal choice for those looking to diversify their investment portfolio. The anticipated completion in 2026 offers an opportunity to buy into a thriving market before prices potentially escalate.
If you're interested in capitalising on this lucrative rental market, contact us today to explore these exceptional penthouses further! The perfect investment awaits!
• 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)