The Resort has 52 units, and enjoys a privileged beachfront location, located in Olhos De Água, Albufeira.
It is an existing development that has recently been acquired by investors and the resort will undergo a profound renovation for 9 months, expected to reopen in mid-2023. The resort offers direct access to the beach and is within walking distance of olhos De Água's charming fishing village, bars, restaurants and shops. Faro Airport can be reached in a 35-minute drive.
These spacious 1 and 2 bedroom apartments, with areas between 102.60m2 and 140.30m2 (including terraces), will be equipped with state-of-the-art appliances, heating and cooling systems, balconies as well as high-speed internet offering a perfect environment for remote workers.
Most apartments offer stunning sea views with pre-launch prices ranging from 525,000 to 660,000.
As a tourist resort, this project will be qualified for Golden Visa with only 36 units to be sold, and will also have a management and administration company for rentals, maintenance and repairs. Providing the best services and amenities whether for owners, or guests, all year round.
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