The budget needed to buy this luxury three-bedroom Vilamoura golf resort apartment is €650,000, excluding purchase taxes, professional fees and ongoing ownership costs. At that price, buyers receive a residence with 100m² of living space, a 22m² terrace and access to extensive pool facilities. The property is located at The Residences at Victoria Golfe Club in a popular area near Vilamoura. It contains three bedrooms and three bathrooms, including two en-suite bedrooms. A large communal pool and indoor heated pool are available within the resort. Residents also have access to a fitness room, children's pool, play area and piazza snack bar. The apartment's lounge and dining area leads to a balcony with pool views. The fully fitted kitchen includes AEG appliances and opens onto a separate balcony. A south-facing balcony is associated with the lavish master bedroom in the described apartment layout. Fitted wardrobes, a safe and air conditioning are provided in the bedrooms. Underfloor bathroom heating and heated towel rails add comfort to the specification. Double glazing, video entry and an alarm connected to 24-hour reception support peace of mind. Secure lift access connects the property with the communal underground garage. Two allocated parking spaces and a storage room are included. The storage area has electricity that may be useful for electric vehicle charging. In-house rental management and a rental programme create potential for buyers seeking a managed holiday investment. The golf, beach and marina location may also appeal to owners wanting a second home with occasional rental use. Vilamoura marina and town centre are approximately 4 kilometres away. The nearest beach is around 6.5 kilometres away, while Faro Airport is about 26 kilometres from the resort. Buyers should also budget for annual condominium fees of €6,900, IMI tax of €925 and insurance of €200. The development's resort services and turnkey format can reduce the need to arrange separate facilities or management. Rental income and ROI are not guaranteed and should be assessed against occupancy, management charges and running costs. Contact us now for the full purchase-cost breakdown and to schedule a viewing.
• Living Area 100m²
• Terrace Area 22m²
• Year of Construction 2009
• 3 Bedrooms, 3 Bathrooms, 2 En-Suite
• In house rental management
• Various floors and views
This luxury golf apartment is located close to Vilamoura and its world-famous marina. With in-house management and rental program, this apartment makes a perfect turnkey investment property.
The apartment can also be accessed by lift from the communal secure garage and has intelligent card entry system and alarm direct to the 24-hour reception. The apartment consists of a spacious lounge-dining room which leads out to the balcony with views of the pool. The kitchen is off the lounge with all AEG appliances and own entrance to another balcony and drying area.
The lavish master bedroom has fitted wardrobes with safe, air conditioning and a deluxe en-suite bathroom and a balcony with south-facing views The spacious other bedrooms also have fitted wardrobes and air conditioning with one having an en-suite bathroom and the other a separate guest bathroom.
The apartment has 2 allotted parking spaces and a storage room in the communal garage with electricity, perfect to charge up your electric vehicle.
First Floor apartments - very good condition, original furniture, sunny views all day
Top Floor apartment - totally redecorated, beautifully furnished with new, modern décor, sunny piazza and pool views, never rented. Close access to 120m2 owners private roof terrace with views of marina, beach, ocean, golf, and in the sun all day.
Amenities
• Double glazing
• Central air conditioning system with climate control for each room
• Underfloor heating in bathrooms and heated towel rails
• Satellite TV with many international channels
• Safe
• Video entry & Alarm
• Piazza snack bar
• Large pool
• Indoor heated pool
• Fitness room
• Children’s pool and play area
Location
• 2.5 km from the coast
• 2.8 km to Vilamoura international school
• 4 km to the town centre and marina of Vilamoura
• 6.5 km to the nearest beach (Vilamoura)
• 26 km to the airport (Faro)
Other Info
• Condominium fees €6,900 per year
• IMI tax €925 per year
• Insurance €200 per year
