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What budget is needed to purchase a three-bedroom apartment in an Algarve five-star resort?

Apartment in Ferragudo

ref. PQH2451
1.116.000€
  • A
  • 3
  • 2
  • 121m2
  • Modern Construction
  • Alojamento Local

A budget of €1,116,000 is required to purchase the listed three-bedroom apartment in this Algarve five-star resort. That price applies to a first-floor residence at Quinta Heights near Ferragudo and Carvoeiro. The apartment is an off-plan contemporary home intended for holidays, permanent residence or rental investment. Buyers receive 121m² of living area and a substantial 113.75m² outdoor space. The layout includes three bedrooms and two bathrooms. A master suite has its own en-suite bathroom and fitted wardrobes. Two further double bedrooms provide flexibility for family use or guests. Open-plan living and dining areas make efficient use of the interior. The fully fitted kitchen is supplied with Bosch appliances. Floor-to-ceiling glazing brings natural light into the main living spaces. The wide terrace is suited to outdoor dining, sunbathing and enjoying the Algarve outlook. Sea and countryside views contribute to the resort’s elevated position. The specification includes Porcelanosa tiles, glass balustrades and recessed lighting. Bathrooms benefit from underfloor heating, while the apartment has advanced heating, cooling and ventilation systems. Solar-control double glazing and electric shutters provide additional comfort and privacy. Underground parking is included as part of the development’s external facilities. Resort access covers a spa, gym, yoga studio, indoor-outdoor pools and multi-use sports facilities. Residents can also use the restaurant, rooftop tapas and cocktail bar, juice bar and outdoor cinema. Praia dos Caneiros is around 1.4km away and Gramacho Golf is approximately 2.4km from the property. Construction is expected to complete in 2026 following an approximate two-year build period. Contact us to discuss the purchase price, payment arrangements and next steps.

Usage
Residential
Type
Apartment
Town
Ferragudo
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
2026
Rooms
5
Bedrooms
3
Bathrooms
2
Floors
1
Living Area
121 m²
Usable area
237 m²
Balcony/Patio area
114 m²
Tarmac
Underground Garage, Autom. Garage Door, Parking outdoors
Open Plan
Balcony/Terrace
Fully Fitted, Fully Equipped
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Underfloor Heating in Bathroom, Forced Air Heating & Cooling System, Ventilation System
LED lighting, Fibre Optic Internet
Double glazing, Electric Shutters/Blinds
Indoor Pool, Outdoor Pool, Communal
Landscaped, Communal gardens
Resort facilities, Reception, Spa, Gym, Yoga, bar, Restaurant, Tennis court
Countryside View, Sea View
Modern Construction
• Living area 121m²
• Construction area 237.75m²
• Year of completed construction 2026
• Build time approx. 2 years
• 3 Bedrooms, 2 Bathrooms
• 5 Star resort facilities
• Distance from Beach 1.4km

These 2 luxury three-bedroom apartments, close to Gramacho Golf course and Praia dos Caneiros 5 minutes drive away. Both apartments are located on the first floor and benefit from extra-large outdoor areas. The apartment interiors are stylish, and fitted with Porcelanosa bathrooms and floor tiles and fully equipped Bosch appliances in the kitchen. The contemporary design features include floor to ceiling glass patio doors and glass balustrades on the terrace to enjoy the beautiful Algarve scenery and resort surroundings. This block - already under construction has its own exclusive communal pool, and nestles within the resort in an elevated position. Owners will have access to all of its 5 star facilties which include, a wellness building for yoga, gym and spa, juice bar, rooftop tapas bar, restaurant, outdoor cinema and night observatory to name a few. The apartment is suitable for permanent residence, holidays or for rental investment.

Each apartment comprises:
• Open-plan living/dining
• Fully fitted and equipped open-plan luxury kitchen
• 1 master bedroom with en-suite bathroom & fitted wardrobes
• 1 double bedroom with fitted wardrobes
• 1 double bedroom
• 1 family bathroom
• Outdoor area of 113.75m²

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

Price:
• 1st floor only - 1,116,000€

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)
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