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Property for sale information
Monchique, Algarve, Portugal - Exclusive Investment Opportunity
Exclusive investment product! Invest in luxury off-plan apart-hotel project/Fantastic Location/Superb amenities/Excellent investment! Various investment options possible:
- Sell before completion in 2 years and make up to 102% on cash invested - Complete the sale and use the property as a holiday home/rent it out when you are not there - Sell the property after 10 years and realise up to 180% on your initial cash investment!!
Very 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.
Own Usage: 4 weeks per annum 5% Guaranteed Rental Income for 3 years Starting from Euro 220,000 for 1-bed apartment
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 courses
About 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 courses
The 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 (gr