Reference: 578875

REF:LO MONExclusive investment product! Invest in luxury off-plan apart-hotel project /Fantastic Location/Superb amenities/Excellent investment! Up to 5% guaranteed rental income for 3 years! Own usage up to 4 weeks per annum.Various investment options possible:- Sell before completion in 2 years- Complete the sale and use the property as a holiday home/rent it out when you are not there- Sell the property after 10 yearsVery attractive return on investment figures. This superb ?Wellness Resort Monchique? is the first Wellness Resort (Condo-Hotel) in Portugal! Located on a small hill, it has incredible views over the Algarve. It offers a unique Wellness and senior friendly concept and integrated, innovative services to people who are at pre-retirement or retirement age, and who are intending to visit, invest or live in Portugal. It has superb landscaping and walking trails and is located near several golf courses.Distinguishing features of the Product:- The first Wellness Resort (Condo-Hotel) in Portugal- Location and incredible views over the Algarve- Extremely low density of construction (Monchique has 83% of Protected Nature Area)- Thermal waters- Unique Wellness and Senior Friendly concept- Wide range of amenities and services- Condo-hotel concept (use it when you are there, rent it when you are not)- Catered for medium and long stays- Environmentally friendly features- Superb landscaping and walking trails- Near several golf coursesAbout Monchique:* Located in The Garden of the Algarve with wonderful variety of exotic vegetation (more than 1,000 plant species).* 83% of the land is Nature Reserve.* The town of Monchique is situated in an unspoiled location reflecting the spirit of a rustic lifestyle with spectacular mountain views.* Just 45 minutes from Faro Airport and 10 minutes from the new Algarve Motorway.* 20 minutes from the beautiful beaches of Portimão and Alvor.* Moderate climate (a subtropical maritime mountain climate).* Nearby is the beautiful village of Caldas de Monchique with the famous Thermal Waters.* 15 minutes from several golf coursesThe Wellness Resort Monchique is a unique product in the Algarve:* Surrounded by the hills of Monchique with a gorgeous costal view.* Very low construction density making this a unique offering.* The first Resort in the Algarve aimed at medium and long stays offering a set of infrastructures and activities for longer stays.* The first Resort in the Algarve prepared to accommodate 45+ growing needs both from a building environment (e.g. walk-in showers) and from an amenities and services point of view.* This Resort approaches Wellness from an integrated perspective (physical, social, intellectual and spiritual dimensions of Wellness).* An environmentally friendly architectural and engineering project (maximising the use of solar energy and rain water, utilization of environmentally sensitive utilities).* 195 one-bedroom apartments with high standard finishing and fully furnished and equipped, each apartment boasting a balcony, kitchenette and two WCs.* A condo-hotel product in the Algarve where property owners may use their apartments when they are in and put in a central and professional rental system when they are out, allowing for a nice rental income to cover condominium, maintenance and mortgage costs while the property is growing in value.* A unique 20,000 m2 area of landscaped gardens and walking trails for hotel guests.FACILITIES:Outdoor pool & indoor heated poolOutdoor meditation deckCinema roomLibrarySPAGym & Fitness roomParks and gardensWellness specialistGolf packagesNutrition assessment & programmesGames roomCultural & social ProgrammesVoluntary ProgrammesDoctor's officeNurse's officeCourses (Languages, Gardening, Cooking, etc.)Prayer roomShuttle service to Golf & BeachesInvestment centreBeauty SalonUnderground parkingInternet caféConvenience shopReception & ConciergeLaundry servicesRestaurantsAbout Portugal:* Capital growth has remained consistent in Portugal at between 7-10% per year since 2000.* Very stable economy in the past years.* Portugal listed as 3rd best overseas property option in a list of 20 best investments locations (UK Channel 4's ?A Place in the Sun? programme).* The tourism in Portugal has been consistently growing.* The Portuguese Minister of Economy has declared that 2007 has been the best year ever concerning tourism revenues in Portugal.About the Algarve:Irresistible Lifestyle* Unique climate: more than 300 days of sunshine per year* Healthy Mediterranean cuisine* Excellent leisure & sports facilities: golf, beach, wellness and spa* More Algarve beaches are environmental certified* Friendly and relaxed atmosphere where English is widely spoken? and a distinguished destination* Algarve is considered the top choice in Europe* British Citizens choose Algarve as the preferred destiny in Europe* The last three year average occupancy rate of 4 and 5 star resorts in the Algarve has been 67%* Algarve World Cup 2005 was held at Victoria Club Vilamoura* The Algarve was elected ?Best Worldwide Golf Destination 2006?* Portugal Masters (PGA European Circuit ) was held at Victoria Club Vilamoura (Oct.07)* Algarve gets close to one million golf rounds per yearPRICES:* Starting from Euro 200,000 for one-bedroom apartment* Furniture & Equipment Pack: Euro 11,500 plus VAT* Balcony with Garden (optional): from Euro 9,000 to 13,000PLEASE CALL OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS ON 01-671188.Features:- Exclusive investment product- Amazing amenities and facilities- Very attractive return on investment figuresTo request further details please use the Contact Us link below.To view more properties from Locations click the 'More Properties' link below.