€520,000

T2+1 apartment on the ground floor with access to a terrace and garden, located in the tourist development between the villages of Carvoeiro and Ferragudo. This property is eligible for a Golden Visa Program. Owners will receive a guaranteed 5% return on investment during the first 2 years. After this period, the yield is variable. The elegantly equipped open-plan kitchen and living room have access to the terrace and garden views. In the main bedroom we have a private bathroom and wardrobe, 2 rooms that can be converted into an office, TV room or bedroom supported by a complete bathroom. The outdoor leisure area is accessible from any of the rooms in this comfortable apartment through large windows that let in all the natural light. The apartments have a communal pool. The property can be used as a year-round holiday home or as an investment. It is a low-density tourist resort, spread over 33 hectares of traditionally Algarvian landscape. - 2 minutes drive from the supermarket; - 4 minutes drive from the beach; - 4 minutes by car from the Tennis Club; - 2 minutes drive from equestrian facilities. There are also around 45 semi-detached houses with private pools and 32 apartments with contemporary architecture, type T1+2, which take in the surrounding landscape and open views of the Monchique mountains. When purchasing a property in this resort, you obtain infinite advantages in Hotels, Restaurants and Golf.