World Luxury Home
Albufeira - Algarve, Portugal
Description
Exclusive Condominium In Albufeira's New Residential Neighbourhood
This private apartment community forms part of a luxury, master-planned, multi-phase development.
It comprises 76 one and two-bedroom apartments spread across three floors with a roof terrace and will complete in Q1 2026. The penthouse apartments have large private terraces, complete with a jacuzzi, while the apartments on the ground floor also enjoy private terraces.
The development has stand-out facilities including spacious balconies with barbecues, private parking or box, heated swimming pool for adults and a swimming pool for children, gym, solarium, and landscaped garden with plants adapted to the climate of the Algarve. It also boasts a co-living room and home cinema.
An ideal community for investors, the condominium is close to beautiful Algarve beaches, all amenities, transportation and a private hospital. This also makes the apartments an excellent option as main residences or for vacation.
About the Project:
* Private apartment community forming part of a luxury development
* 76 one and two-bedroom apartments
* Private terraces and outdoor spaces
* Outstanding amenities
* Prime location near Algarve beaches, amenities, transportation, and private hospital
Amenities:
* Gated community
* Green spaces
* Indoor parking
* Swimming pools
* Home Cinema
* Gym
* Solarium
* Air conditioning
* Large windows
* Solar panels
* Video surveillance
Payment Schedule:
* €5000 to reserve
* 30% (minus €5000) on contract in 30 days
* 20% by October 2025
* 50% on completion (Q2 2026)
Why Algarve?
* The Algarve recorded 20.38 million overnight stays in 2023
* Won "Europe's Leading Beach Destination" at the prestigious World Travel Awards 2023
* Albufeira saw highest number of tourists in Aug 22 along with Lisbon
* Less than 40 mins drive from Faro International Airport
* Hotel occupancy rates were their highest in 20 years in January 2023
* House price growth in the Algarve is outperforming the national average
Facing the Atlantic, with a total of 25 Blue Flag beaches, Albufeira stands out as a destination of the 21st century. The city has long been known for its ability to combine the amenities of a modern city with the traditional charm of the Algarve.
The condominium is located in the centre of the Algarve, and just 35 minutes from Faro international airport, in the Quinta dos Figos neighborhood of Albufeira, an area carefully designed to be a residential area of villas and apartments. In a quiet but central part of town, residents can enjoy close proximity to stores, restaurants, and the Lusiadas hospital. You are also only 6 mins to the Pescadores and Oura beaches.
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Price: $517,000
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