Full Description
Surrounded by vineyards and typical Algarvian fruit trees in an idyllic setting, these 32 unique semi-detached bungalows with communal swimming pool are part of a wine estate, located within a 5 to 10 minute drive from the towns Estômbar and Lagoa, offering a variety of amenities, including a variety of restaurants and supermarkets, and within a 5 minute drive to golf courses a 10 minute drive to the beach.
On-site facilities include 2 communal swimming pools, one of which is heated all year, surrounded by a large sun terrace, restaurant and bar, tennis court, paddle-tennis court, mini-golf / putting green and animal park and additional storage facilities on request The pool may only be used by the residents and the restaurant will be open to the public.
Owners can choose between a private use only or a rental scheme with a guaranteed yield of 3% net per annum. Condominium charges (between 159€ + VAT and 190€ + VAT per month) apply only to the first option. Owners may also decide to buy a vineyard parcel right in sight of their own apartment, allowing them to produce a barrel of your own wine every year.
Each bungalow comprises a bedroom, a bathroom with walk-in shower, an open plan kitchen and living room, as well as a private terrace, partly covered by a pergola and a private garden area. These bungalows are available in two typologies: the 42 m2 (second and tird-row) and the 52 m2 (first row). Priced between 226.000€ and 228.000€.
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