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What budget is needed for a 124m² two-bedroom ground-floor resort home in the Algarve?

Apartment in Carvoeiro

ref. PPP807
425.000€ 370.000€
  • B-
  • 2
  • 2
  • 124m2
  • 144m2

The budget to buy this 124m² two-bedroom ground-floor resort home in the Algarve is €370,000, reduced from the original asking price of €425,000. Buyers should also budget for the listed condominium cost of €17,000 per year. Located near Carvoeiro, the fully furnished apartment sits within an exclusive five-star resort. It is a practical option for purchasers seeking a managed second home, permanent residence or rental investment. The property was built in 2008 and provides 124m² of living space. Two bedrooms and two bathrooms offer comfortable accommodation for owners, family or holiday guests. The master bedroom includes fitted wardrobes and an en-suite bathroom. A separate guest bedroom is complemented by a family bathroom. The open-plan lounge and dining area benefits from a closed-in log-burning fireplace. A fully fitted kitchen with premium-brand appliances is included in the purchase. Floor-to-ceiling patio doors connect the interior to a private sunny and shaded terrace. The apartment has air conditioning throughout and double glazing. Countryside, pool and garden views enhance the peaceful ground-floor setting. Private outdoor parking is available on the resort. The management package includes housekeeping, maintenance and all utility costs. It also provides for ongoing replacements and full refurbishments, helping owners plan long-term expenses. Resort amenities include heated indoor and outdoor pools, a Jacuzzi, sauna, Turkish bath and gym. Spa treatments, fitness classes, a restaurant, poolside bar, tennis courts and children’s facilities are also available. Carvoeiro and Ferragudo are around 4km away, beaches are approximately 4km distant, and golf and shops are about 1km away. The reported rental returns may support the investment case, but buyers should request detailed income, occupancy and fee information before purchase. Contact us to confirm the total buying costs and schedule a viewing of this Algarve resort home.

Usage
Residential
Type
Apartment
Town
Carvoeiro
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
2008
Rooms
4
Bedrooms
2
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
124 m²
Usable area
124 m²
Plot Area
144 m²
Tarmac
Parking outdoors, Private Parking
Lounge/Dining
Garden Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
AC throughout, Fireplace
Internet/Phone, Cable/Satellite TV
Mains electric, Mains water, Mains drainage
Double glazing, Manual Shutters/Blinds
Indoor Pool, Communal
Communal gardens
Resort facilities
Countryside View, Pool View, Garden View
• 2 Bedrooms, 2 Bathrooms
• Living area 124m²
• Year of Construction 2008
• Ground Floor Apartment
• Full Resort Management Service
• Great Rental Returns
• Distance from Beach 4km

A truly worry-free, lock-up-and-leave lifestyle. Just five minutes from Carvoeiro’s spectacular beaches, boutique shops, and lively restaurants, this apartment is an exceptional choice for personal enjoyment, rental income, or a smart Algarve investment.

• Entrance hall
• Open-plan lounge and dining area with a closed-in log burning fireplace
• Fully fitted kitchen equipped with premium brand appliances
• Floor-to-ceiling patio doors to your own sunny and shaded terrace
• Master suite with fitted wardrobes and an en-suite bathroom
• Guest bedroom
• Guest family bathroom

The all-inclusive condominium fee covers:
• Housekeeping and maintenance
• All utility costs
• Ongoing replacements and full refurbishments

Amenities

As an owner, you enjoy privileged access to a remarkable suite of facilities:
• Indoor heated pool, Jacuzzi, sauna, Turkish bath
• Fully equipped gym, and fitness classes.
• Spa offering award-winning massage and beauty treatments.
• A large outdoor swimming pool with sun terrace & children’s pool
• Complimentary kids club
• Restaurant and Poolside Bar
• Outdoor kids park and tennis courts.
• Exclusive Owner Benefits
• Special discounts on dining, fitness classes, massage, and beauty treatments.

Location

• Carvoeiro : 4 km
• Ferragudo : 4 km
• Beach : 4 km
• Nearest shop(s) : 1 km
• Golf : 1 km
• Airport : 64 km

Other Info

Suitable for permanent residence
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