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What is the cost of a turnkey golf resort apartment in Algarve?

Apartment in Vilamoura

ref. VM2442
650.000€
  • B
  • 3
  • 3
  • 100m2

The cost of a turnkey golf resort apartment in the Algarve is set at €650,000, which encompasses everything you need for a relaxed lifestyle or investment opportunity. This superbly located 3-bedroom apartment near Vilamoura maintains a high standard of living, boasting a living area of 100m² along with a spacious terrace of 22m². Perfect for buyers looking to enjoy resort-style amenities, the property features in-house management and a rental program, ideal for those interested in generating rental income while not occupying the space. The apartment includes two en-suite bedrooms and a further bedroom, making it suitable for families or vacation rentals. The condominium offers a huge communal pool, a children's play area, and access to fitness facilities, catering to a range of lifestyles. Situated only 2.5 km from Vilamoura's fabulous coastlines and marina, you will have easy access to renowned golf courses, lovely beaches, and a vibrant social life. The property's meticulous architecture and luxury finishes, such as a fully fitted kitchen with AEG appliances, ensure a modern living experience. Additionally, great security features such as an intelligent card entry system and 24-hour reception add an extra layer of comfort and peace of mind. With excellent rental potential and the allure of the Algarve lifestyle, this apartment is a compelling investment in a region known for its sun and leisure. Don’t miss out on this fantastic opportunity - inquire today!

Usage
Residential
Type
Apartment
Town
Vilamoura
Parish
Quarteira
Municipality
Loulé, Faro
Region
Algarve (Central)
Construction Year
2009
Rooms
6
Bedrooms
3
Bathrooms
3
Floors
1
Furnished
Negotiable
Living Area
100 m²
Usable area
120 m²
Balcony/Patio area
22 m²
Electric Gates
Underground Garage, Parking Places, Autom. Entrance Gate
Balcony/Terrace
Fully Fitted
Storage, Gym
3, Fitted Wardrobe
3 Bathrooms, 2 En-suite
AC, Underfloor Heating in Bathroom
Cable/Satellite TV, Lift, Alarm System, Video Intercom, Safe
Mains water, Mains electric, Mains drainage
Double glazing
Swimming Pool, Communal, Heated, Shower, Lighting
Communal gardens, Landscaped, Fenced, Auto irrigation, Lawn, Trees, Lighting
Roof Terrace
Golf View, Resort View, Panoramic View
• 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 (695,000€) - 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 €7,000 per year
• IMI tax €925 per year
• Insurance €200 per year
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