Investing in an off-plan Algarve penthouse can provide access to a new luxury residence with strong holiday rental appeal and panoramic 360-degree views. These four-bedroom, three-bathroom penthouses are priced at €1,788,000 and are scheduled for completion around 2026. The location between Ferragudo and Carvoeiro places the apartments near beaches, golf, restaurants and resort amenities. The development forms part of a deluxe five-star resort surrounded by landscaped gardens and orange groves. Buyers can choose a property suited to personal holidays, permanent living or a professionally managed rental strategy. The advertised rental potential is supported by the generous four-bedroom layout and extensive resort facilities. Each residence offers 149m² of living area and 275m² of construction area. A private 126m² roof terrace creates valuable outdoor space for entertaining and relaxing. Its elevated position provides breathtaking views across the ocean and Algarve countryside. Open-plan living and dining areas encourage a bright, social interior layout. The fitted kitchen is equipped with Bosch appliances and finished with contemporary matte units. High-specification materials include Porcelanosa tiles and bathroom ware. Floor-to-ceiling patio doors, double glazing and electric shutters enhance comfort and natural light. Underfloor heating in the bathrooms complements the wider heating, cooling and ventilation systems. Resort facilities include a luxury spa, gym, yoga studio, sports areas and exclusive-use swimming pools. Owners can also enjoy the on-site restaurant, bakery and coffee shop, rooftop tapas bar and cocktail venue. Praia dos Caneiros is approximately 1.4km away, while the sea is around 960 metres from the resort. Gramacho Golf is roughly 2.4km away, adding further appeal for golf-focused visitors and owners. The €1,788,000 asking price should be assessed alongside purchase costs, running expenses and the buyer’s intended rental plan. Contact us to request the full investment information and explore whether this off-plan penthouse suits your Algarve property strategy.
• Living area 149m² - Construction area 275m2
• Off Plan - completion approx. 2026
• Build time approx. 2 years
• Breathtaking Panoramic Views
• 4 Bedrooms, 3 Bathrooms
• 5 Star resort facilities, top rental possibilities
• Distance from Beach 1.4km
Situated within a 5-star resort these contemporary penthouse apartments are part of a new block of 15 luxury apartments already under construction. These third-floor penthouse apartments will feature bespoke contemporary designs including high specification fixtures and fittings including Porcelanosa and Bosch plus large roof terraces offering unmatched 360º degree views of the ocean and countryside. Perfect for rental investment, holidays or permanent living. The resort facilities include a luxury spa, gym, yoga and other sports facilities along with a reception, restaurant, rooftop tapas & cocktail bar and exclusive use swimming pools. The whole resort is located within landscaped gardens and orange groves, surrounded by nature and in easy distance of wonderful beaches, coves, golf courses and towns in the beautiful central/west Algarve. For further information, don't hesitate to contact us!
Each apartment comprises:
• Open-plan living/dining
• Fully fitted and equipped open-plan luxury kitchen
• 4 double bedrooms, with fitted wardrobes
• 2 en-suite bathrooms, one family bathroom
• Terrace area of 126m²
External
• Underground parking
• Beautiful, landscaped gardens
• Reception
• Luxury spa, gym, yoga studio & multi-use sports facilities
• Restaurant, tapas & cocktail bar, coffee shop
• Exclusive use indoor-outdoor pool
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)