Price Range
-

Western Algarve

Portugal property for sale:

Propriété à vendre au Portugal:

Ref #: IP006


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Investment Project for sale in Western Algarve

| Plot Size sqm 26,890 | Build Size sqm: 9935

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Overview

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Development Opportunity

 

A Real Estate Investment opportunity to buy at a discounted price a residential development land for the construction of 76 apartments of modern style, adjacent to the Méridien Penina Golf & Resort, near Alvor.

The land is situated in Penina, a few minutes away from Alvor, an ancient coastal village, between the traditional fishing port of Portimão and the historic town of Lagos, with fantastic beaches. Being adjacent to the Méridien Penina Golf & Resort, which features an 18 hole Championship Golf Course, designed by Sir Henry Cotton, and recognized as his masterpiece.
 
This real estate investment opportunity consists in the construction of 76 apartments in 4 blocks and 4 town houses, all designed with modern lines.
 


Features:

    -      76 touristic apartments of different typologies
    -      4 Town houses
    -      189 bedrooms in total
    -      Reception office for Touristic purposes
    -      Modern architecture
    -      Wide terraces and balconies
    -      Golf views from the top apartments
    -      Swimming Pools set amidst landscaped gardens for ground floor apartments
    -      Communal swimming pool and tennis court

 

 

Amenities