Apartments in a new residential complex in the town of Carvoeiro.
The project offers 74 apartments with 1–3 bedrooms. All apartments have a terrace and outdoor area, apartments T2 and T3 have an ocean view.
Residents have access to swimming pools, gardens, parks, rooftop lounge, restaurant, bar, gym, underground parking and hotel and rental management services. The services of the management company include maintenance and repair work, transport to the beaches, etc.
The start of construction work is scheduled for September 2020, the work will last 20–24 months.
The apartments have thermal insulation, double glazing, wooden floors and other natural floor coverings, underfloor heating in the bathrooms and air conditioning in all apartments. The kitchens are fully equipped with the latest generation of modern appliances: dishwasher, washing machine, refrigerator, extractor hood, stove and oven, microwave and coffee machine.
Apartment owners can use them as a private/ summer residence or as an investment for passive income.
In the event that the owners choose the investment route, the internal management of the leases will be carried out by NBHMC. Annual income from 4% and up to 5% or more in subsequent years.
Foreign investors can obtain a Golden Visa from € 400,000.
Location and nearby infrastructure
The region is considered one of the most exclusive European summer destinations. The resort is close to the charming coastal town of Carvoeiro, where you can find a post office, bank, pharmacy, restaurants, supermarkets, a florist and a church.
- 30 minutes by car from Faro International Airport
- 7.5 km from Estombar train station, Lagoa city
- 10 minutes bus ride (4 km) to Lagoa town
- Faro 65 km, Lisbon 325 km, Porto 550 km
- Beaches 5 minutes by car and 15 minutes on foot
- There are also golf courses and a tennis club nearby.