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What budget should I allow for a 124m² ground-floor Algarve resort apartment with pools and spa facilities?

Apartment in Carvoeiro

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

Allow €370,000 to buy this 124m² ground-floor Algarve resort apartment with pools and spa facilities near Carvoeiro. In addition to the purchase price, buyers should budget for the stated condominium cost of €17,000 per year. That annual fee covers housekeeping, maintenance, all utility costs, ongoing replacements and full refurbishments. The fully furnished apartment has two bedrooms and two bathrooms within a five-star resort. Its location is approximately 4km from Carvoeiro and the nearest beach. A private terrace offers both sunny and shaded outdoor space. The open-plan lounge and dining area includes a closed-in log-burning fireplace. The fully fitted kitchen comes with premium-brand appliances. The master suite has fitted wardrobes and an en-suite bathroom. A guest bedroom and family bathroom provide useful flexibility for visitors or rental occupants. Air conditioning throughout, double glazing and private outdoor parking add everyday practicality. Resort amenities include a large outdoor swimming pool, sun terrace and children's pool. An indoor heated pool provides an alternative during cooler weather. The wellness area includes a Jacuzzi, sauna, Turkish bath, gym, fitness classes and an on-site spa. Owners can access massage and beauty treatments, tennis courts, landscaped gardens and family facilities. A restaurant, poolside bar and complimentary kids' club support an easy holiday lifestyle. A shop and golf course are both approximately 1km away, while Ferragudo is around 4km from the resort. The property is marketed as offering great rental returns and full management can simplify holiday letting administration. Buyers should independently confirm taxes, legal costs, financing, rental projections and the exact services included in the condominium fee. Contact us for the complete cost breakdown and to schedule a viewing of this Algarve resort apartment.

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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