1 bedroom Apartment for sale: East Algarve

Summary

€42,125 is the price of a one eighth share in the property. Colina Verde Golf Resort is set amongst 30 acres of lush green countryside, between Olhão and Tavira, in the East Algarve. Enjoying spectacular views of the Atlantic Ocean, it is located just 26km away from Faro International Airport.

Description

Built in 2002 to the highest standards, the Resort features spacious, well-appointed apartments, equipped with many modern conveniences, a complete kitchenette and air conditioning. Each private bathroom has electric under floor heating.
Tennis and a gym offer guests the possibility to enjoy some exercise, and the executive style Par 3 golf course is suitable for beginners and more experienced players. The resort features also a communal outdoor pool, and spa facilities with hot tub, sauna and Turkish bath.
The East Algarve is a glorious secret, far more relaxing and infinitely more cool than the crowded West part. This is the place to slow down and live the good life!
At Colina Verde Golf Resort you get the best of the Algarve, but in your own secluded retreat, with privacy and tranquility, and at a fraction of the regular cost.

Joint freehold ownership of a holiday home in Colina Verde Sports Resort, Algarve, Portugal.
Phase two now being released for €42,125 per share.
Each owner buys in 1/8 freehold shares in a one bed (sleep four) Colina Verde stunning holiday apartment overlooking the 9 hole golf course and pool, with no limit to the number of shares a buyer (personal or corporate) can buy.
Ten year property ownership opportunity taking advantage of current cyclical low property values and guarantees a fixed exit strategy.
The option to exchange some or all through a Worldwide Exchange Company and to visit any of over 4,000 resorts in over 100 countries worldwide.
No hidden or extra costs as this is an exclusive freehold product with a one-off purchase price, including all management, legal, and land registration fees covering a ten year period, with all moneys held and managed through a Trust Company.
Prepaid holidays for 60 weeks over ten years that could have a net cost of ‘zero’ after the property is sold.
World-wide flexibility in holiday locations through the exchange option – not just in the location of your freehold property.
Rental opportunity.
A mandated exit after 10 years where the property is sold by Golden Key Holiday Resorts Portugal and the asset realised, with all of the realised sales price being paid back to the owners, less a 10% administration fee for Golden Key Holiday Resorts Portugal.
The possibility of getting back more than the cost by benefiting from the cycle of property values returning to pre-recession prices.
Ideal for eight friends, golfers, or family members to get together and purchase one unit between them.


IMPORTANT NOTICE. These details are provided and intended as a general guide only and do not form a contract or any part of a contract. Intending buyers must make their own investigations and are advised to take appropriate independent legal advice. The final sale price may vary due to currency exchange fluctuations.

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