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Olhos D'Agua - Fantastic Investment Opportunity (ref. 189-IDH0189)
Date & Time Listed: 2012-10-10 14:05:17 (GMT)
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Ad Details:
This Ground floor 2 bed apartment is located in the heart of Olhos D agua, and just 5 minutes drive to Albufeira and 15 to Vilamoura. Due to the location this is ideal as an investment and or holiday/retirement home
This private condominium complex combines two buildings with 28 apartments each with surrounding gardens and swimming pools, just next to the complex the local Market and several small Cafes and shops are perfectly located for those who come to relax. The apartments come finished to a very high standard with all white goods included and Air-conditioning Fully installed. Spacious balconies overlook the pool and garden area, while maintaining your privacy.
Demand for this type of property for rental is very high, as the property is only 300 meters to the beaches and local buses stop just 25 meters away. Balaia Golf and Pine Cliffs Golf Resort are both just 1.5km away, while over a dozen other 18 hole courses are within just 20 minutes drive.
Olhos de Agua is located just 5 minutes from Albufeira in the direction of Vilamoura, the former fishing village has become well known for its cuisine with many restaurants packed throughout the year, due to the high quality of food and good value for money. The town also has a large expat community ensuring that the town is lively throughout the year. All business remain open all year unlike many other European resorts, making this the ideal place to retire to, or just spend the winter months. On each end of the town you will find the 9 hole golf courses of Balaia and Pine Cliffs, which is one of the most scenic cliff top golf courses in the world. On the East Side the 4km long Falesia Beach stretches all the way to Vilamoura, while on the west, Sandy coves and Cliff top walks lead into Albufeira. In 2010 the main seafront area has been upgraded and pedestrianized making it the ideal place for an evening walk of morning coffee while you watch the waves gently lap against the shore.
Albufeira is the center point of the Algarve and one of the most established tourist destinations in Europe. Faro Airport is just 30 minutes away, while the A2 Motorway to Lisbon begins its journey north just outside Albufeira, To complement these road links Trains are available in nearby Ferrerias and the local Marina allows you to arrive by private boat.
The town itself dates back to the Neolithic and bronze ages with several archaeological digs in the area to prove this history. The town Charter was established on August 20th 1504 and is celebrated annually as the date of the municipal holiday. The great earthquake of 1755 destroyed most of the town apart from a few remaining buildings which are still there today in the heart of the pedestrianized old town. Over the past 50 years the town has become the most important tourist destination in the country, attracting people from all around the world to its historic Center and sun kissed beaches
The towns 30,000 population now play host to tourist of all ages with some thing for everybody, with hundreds of restaurants to choose from you will never go hungry, Entertainment from cabaret to RnB, with relaxing Spas to water-sports the town offers something for all visitors. With this annual influx also comes rental bonanza for the property owners to take advantage of, the area is has an established rental demand with a long season from June through to early November, with many events outside of this time also attracting renters. Golf is one of the main attractions in the Algarve and Albufeira is blessed to be located within 20 minutes drive of no less than a dozen championship Golf Courses.
Also ideal for retirement Albufeira has a multicultural community with many people moving here from colder climates in northern Europe, to take advantage of the climate which is similar to the Mediterranean but without the extreme summer heat. A working town, Albufeira has all the facilities you need for everyday life with Hospitals, Supermarkets, Municipal Markets, Pharmacies, Shopping centers and much more.
Now is the time to take advantage of the property market in the area as property prices are set to rise with the economic recovery that is already underway in the area.
The idea of living in Portugal usually conjures up pictures of beautiful Algarvian beaches. With the highest amount of sunshine in Europe it is easy to see why the Algarve remains such a popular place to relocate. Renowned for its stunning climate, unlimited leisure facilities and kind-hearted hospitality. Gorgeous beaches line the coast, from secluded coves with amazing cliffs to vast stretches of golden sand; or head for the hills to discover quaint villages, pine forests and vineyards. Acres of lush green golf courses and chic yachting marinas add a cosmopolitan air to a region steeped in tradition and family-oriented culture - making it as warm and welcoming as the year-round sun.
Many of Portugal's benefits include;
* Stunning Beaches
* Long hot Summers
* Abundance of history, culture and natural beauty
* High Quality building standards
* Stunning and diverse natural beauty, from rivers, cliffs and clean sandy beaches to mountains and championship golf courses, making it popular with all kinds of visitor
* Over 300 days of sunshine per year
View this property and more viewing trip from PS149
* Return flights for two adults from an airport of your choice direct to Portugal
* Individual airport transfers on arrival and departure
* Accommodation in a luxury hotel (minimum 4 stars), including breakfast
* Free legal advice from an independent property lawyer
* Free financial advice from an independent mortgage brokerage
* Rental and property management presentation
* Exclusive service; advice and guidance from one of our experienced Property Consultants
You will be shown the different areas and visit as complete range of properties as possible that are both in your price range and ones that you have expressed an interest in viewing.
Over the course of the trip when you make your decision on whether this is for you or not, we will explain all the details including total costs, annual costs, legal formalities, flight offers, furniture, letting potential, in fact everything for "YOUR NEW HOME OVERSEAS".
Other Details:
Number of Bedrooms: 2
Number of Bathrooms: 2
Price: 240,000.00 EUR
For more details about this listing please click here to access the webpage provided by listing owner.
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