The advertised budget for a new-build one-bedroom flat near Praia dos Caneiros and Carvoeiro is €531,000. This price relates to a contemporary apartment at Quinta Heights in Ferragudo, situated approximately 1.4km from Praia dos Caneiros and 2km from Carvoeiro. The property is part of an exclusive 5-star resort development scheduled for completion in 2026. Buyers should also budget for applicable purchase taxes, legal fees, registration, financing and ongoing ownership costs. The home includes one double bedroom, one bathroom and 58m² of living area. Construction areas across the available apartments range from 78m² to 139m². A generous terrace provides between 19.5m² and 80.5m² of outdoor space, depending on the selected floor. Open-plan living and dining areas create a bright, flexible interior. The fitted kitchen includes Bosch appliances and contemporary matte cabinetry. Storage and fitted bedroom wardrobes add practicality for owners or holiday guests. Floor-to-ceiling glass patio doors open onto the terrace and maximise the Algarve light. High-quality Porcelanosa tiles and bathroom fittings contribute to the modern specification. Bathroom underfloor heating provides extra comfort during cooler periods. Solar-control double glazing, electric shutters and a high-spec climate system support energy-efficient living. The property has an A energy rating recorded in the listing. Resort amenities include an indoor-outdoor pool, luxury spa, gym and yoga studio. There are also multi-use sports facilities, landscaped gardens and orange groves. An on-site restaurant, tapas bar and cocktail bar enhance the holiday experience. Gramacho Golf Course is 2.4km away, while the sea is approximately 960m from the development. Faro Airport is around 65.5km away via the A22, making international access straightforward. Underground parking and reception facilities may benefit both permanent residents and rental guests. The apartment could offer holiday rental potential because of its beach, golf and resort setting, although buyers should independently verify projected ROI and operating costs. Contact us today for a complete cost breakdown, availability details and a viewing or development consultation.
• Living area 58m²
• Construction area from 78m² to 139m²
• Year of construction completion in 2026
• Build time approx. 2 Years
• 1 Bedroom, 1 Bathroom
• 5 Star resort facilities
• Distance from Beach 1.4km
Part of the first released block - E, these 3 contemporary, luxury one-bedroom apartments are available within an exclusive 5-star resort close to Gramacho Golf course and Praia dos Caneiros in the central/west Algarve. One apartment will be available on each of the 3 levels of this exclusive block of 15 apartments. Fixtures and fittings will be of the highest quality, and each apartment is built to a bespoke specification. Boasting large terraces, and stunning views and set within an oasis of beautiful gardens and orange groves, these exclusive apartments are suitable for permanent living and also offer great ROI for those who wish to rent - the resort offers every amenity one can expect to fully enjoy paradise and the Algarve lifestyle.
Each apartment comprises:
• Open-plan living/dining
• Open plan kitchen – fully fitted and equipped
• Bathroom
• Double bedroom with fitted wardrobes
• Storage
• Terrace - between 19.5m² and 80.5m² (depending on the floor)
External
• Underground Parking
• Beautiful landscaped gardens
• Reception
• Luxury spa, gym, yoga studio & multi-use sports facilities
• Restaurant, tapas & cocktail bar
• Exclusive use indoor-outdoor pool
Amenities
• Bosch appliances & matte units
• Porcelanosa tiles and bathroom ware
• Frameless glass balustrades on terraces
• 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)