Reference nr:
LO923208
Description:
Alto das Sesmarias is an exclusive walled & gated condominium of semi-detached three and four bedroom villas with private garage and two-bedroom apartments with private parking. Whether seeking a holiday home, a retirement property or an excellent investment opportunity, Alto das Sesmarias offers spacious and elegantly designed properties located close to the ancient coastal village of Alvor.
In a central location just 1.5 miles from the renowned Penina golf course and 1 mile away from the Main A22 motorway, the homes will have views to Ria de Alvor, Baía de Lagos, the golf course and the spectacular Monchique Mountains. Although Alvor is now a very popular holiday location, the enclosed narrow streets have kept development to a minimum. Many now boast bars with live music and different types of restaurants, however leading off from these there are still memories of the older fishing village. Well located facing a natural lagoon opening onto the sea, Alvor has a choice of a long open sandy beaches or a number of small coves tucked under the cliffs.
2 bedroom apartments starting from Euro 220,000 3 bedroom villas starting from Euro 440,000 to Euro 480,000 4 bedroom villas starting from Euro 480,000 to Euro 560,000
Features & Finishing Gated condominium with private tennis courts, communal swimming pool, changing rooms & children’s play area
All units include:
Fully installed air-conditioning Luxury kitchens with appliances Double glazed windows with electric window blinds Quality entrance door, video entry system & alarm system Cable TV Central vacuum system Pre-installation for central heating
PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER INFORMATION ON 01-6771188.
All apartments have 2 bedrooms, large living room, separate kitchen and 1 bathroom.
Apartments all have a large terrace with barbeque and a private garden.
There is an underground garage with allocated parking large enough for 2 vehicles.
There are 26 linked villas (8 are four bed villas, and 18 are 3 bed villas)
All villas have:
Basement garage spacious enough for 2 cars + storage
Ground floor with living/dining room, separate large kitchen, guest toilet and laundry room. All have private terrace and garden.
First floor: 3 bedrooms and 2 bathrooms (1 en suite) or 4 bedrooms and 3 bathrooms (2 en suite)
Spacious roof terrace with lovely countryside and distant sea views.
Rental potential is approx 700 euros per week on the apartments during the high season.
Rental potential is approx 1,200-1,500 euros per week on the villas.
Re-sale potential is high, with capital appreciation running between 8-12% per year on villas,
10-15% on apartments.
The development is about 5 km from Alvor village and its beaches (5 minutes by car)
About 1.5 km to the famed Penina golf course (2 minutes by car)
About 65 km to faro airport (35 minutes by car)
Bedrooms: |
Bathrooms: |
Price (€): |
2 |
1 |
220,000 |
3 |
2 |
440,000 |
4 |
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480,000 |
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Features:
Beach City Furnished Golf Private Swimming Pool
Submission Date:
04-04-2008
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Advertiser Details:
Name:
Locations - Overseas Department
Company:
Locations
Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:
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