Description
Reference: 590515
REF: ECO CARLocated at Carvoeiro's best vantage point on the clifftop, the development offers a once in a lifetime's chance to own part of the most magnificent and unique view in Portugal. It overlooks the beach of Praia de Carvoeiro, and is within easy access to seven of the most famous and beautiful beaches in the Algarve.Carvoeiro is a charming town in central Algarve located between Lagos and Vilamoura. The site is on the western cliff of Carvoeiro's Bay, the town square and beach nestling beneath with breathtaking views of the Atlantic Ocean stretching to the horizon.The site will contain only nineteen units, all of which are designed and finished to a luxuriously exacting standard. It will have security gates, underground parking and a swimming pool in meticulously landscaped gardens.Vale da Pinta, Gramacho and Vale do Milho Golf courses are within a few minutes drive. Deep sea fishing, tennis, horseback riding or sailing are other activities you can reach from Carvoeiro.The maritime village of Carvoeiro is typically Portuguese, with a pleasant mix of restaurants, bars and cafes. Whether you prefer cliff top dining, beachside cafes or the vibrant nightlife around the town square, Carvoeiro will not disappoint.INVESTMENTBy purchasing one of our magnificent properties, you will be acquiring a substantial asset that generates rental income and appreciates in value, while also allowing you to enjoy the beauty of the Algarve.Rental Income - During 2004, rental income on good to luxury properties was approximately 8-12% of the property price. As a well established tourist destination for Europeans, demand for rental property in the Algarve is currently far outweighing supply.Capital Appreciation - All units in the development are conservatively projected to appreciate in value by 10-15% by completion of building.Low Interest rates - Irish interest rates are at a historically low rate, making it easier to raise funds for a second home overseas.AMENITIESPrivate underground parking/Security GatesSwimming poolChildren's poolWooden Perigolas over patiosLandscaped GardensStarting from Euro 215,000 for studio apartmentStarting from Euro 285,000 for 1-bed apartmentStarting from Euro 460,000 for 2-bed duplex apartmentFeatures:- Inspection Trips Available- Call to our offices- Phone us for more information- Selection of Excellent Properties in the area to view- Fully licensed and bonded auctioneering company (S1229A)To request further details please use the Contact Us link below.To view more properties from Locations click the 'More Properties' link below.
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