Location : Central Algarve, Loule

Price From : €711,500 | £624,123

Type : 1 Bedroom Apartment

Reference : MA24264

Tel : 44 (0)1925 414422

Email : info@buyportugal.com

Current availability as of July 2022:

One bedroom apartments from 711.500 euros including furniture pack with internal areas 104sqm to 110sqm.

Two bedroom apartments from 906.100 euros including furniture pack with internal areas 145sqm to 173sqm.

New apartments available from Spring 2023. Guaranteed 5% NET rental return for first 5 years.

Set in a fabulous hill top location at The Viceroy Residences at Ombria Resort. Being built to the highest specification with luxury finishes and with the use of the five star hotel's facilities, including gym, and with amazing views over the surrounding countryside. Only 15 minutes from Faro airport.

Owners benefit from privileged access to the hotel’s facilities and a guaranteed 5% NET rental return for the first five years. The apartments with the best locations are available to reserve now. Owners can enjoy the best of both worlds; a stunning holiday home with guaranteed rental income and the management of 5-star Viceroy Hotels & Resorts. Arrive to an unforgettable resort experience, knowing that your property, and its rental, is completely taken care of after you leave.

Each owner may spend up to ten weeks a year here, building special memories with friends and family in the natural serenity of a vibrant resort. An investment in a blossoming development and in time spent together.

The remainder of the year, the rental of your property will be managed by Viceroy Hotels & Resorts. The pooled rental income offsets maintenance costs, with the remainder divided out among owners as profit – at a guaranteed minimum 5% net return per year on your investment, for your first five years. A transparent 5-star property and rental management service completely stress-free.

These modern, spacious apartments will have open plan, bright and airy accommodation comprising entrance hall, lounge/dining room, fully fitted and equipped luxury kitchen, 2 bedrooms, 2 bathrooms and ample storage.

They will benefit from many additional features including a spacious balcony, air conditioning, elegant wood and stone features and will be tastefully furnished and all properties will be gated and fenced.

The development is built around low maintenance manicured gardens and several communal swimming pools with extensive terraces and is close to championship golf courses.

Loule is around 16km to the north of Faro. It is a large town with all the usual amenities you would expect to find - a great selection of shops, numerous banks, art galleries, swimming pools and sports pavilion to name but a few! The landmark church of Nossa Senhora da Piedade - a modern dome shaped building reminiscent of a space ship - can easily be seen on a hill, just to the west of the town, from the A22 motorway.

Loule is famous for its Saturday morning gipsy market (at the end of Rua da Nossa Senhora da Piedade) it also has a really good daily market in the Arabian style market hall on Praca da Republica (open every morning except Sunday).

Apart from the historical points of interest, there are also lots of cafes and shops in the criss-crossing network of cobbled alleys and streets and plenty of places to sit in the sunshine and watch the world go by.

Broadband is widely available in Portugal and is known as 'banda larga'. It is considered to function better than broadband services in the UK due to the fact that Portugal was one of the last countries to embrace broadband technology and thus has a system with newer design and technology. There are several service providers offering ADSL, fibre and wireless services in Portugal to the residential and the professional markets.

Ref: MA24264

Buy Portugal has over 15 years’ experience in the Portuguese property market. We operate completely independently of any owner or developer and do not charge clients a fee.

At Buy Portugal we work on your behalf, helping you identify properties that match your requirement and arrange for you to visit them.

We pride ourselves on the highest levels of service.

Note: Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.