¼ share Under Offer

in Gramacho Golf | Estômbar e Parchal

  • 56,000 €

  • 47.943 £

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PROPERTY DESCRIPTION
Ideal location
  • QUARTER SHARE - 2 BED apartment FOR SALE on Gramacho Golf resort only a short drive from Carvoeiro Algarve

  • For sale QUARTER SHARE in a beautifully presented ground floor 2 BED apartment of 117.50m2 on a prestigious golf complex. Comprising of 2 double bedrooms, 2 bathrooms (1 ensuite), lounge & adjoining dining area with woodburner, fully fitted kitchen, storage, covered terrace from lounge offering garden views. Fully furnished and equipped with gas central heating, double glazing, mosquito nets, alarm, etc. Resort facilities include, communal pools (2 heated pools), tennis court, landscaped gardens, parking, reception, minimarket and 24hr security. Located only 10 min. drive from Carvoeiro & Ferragudo village centres, it´s beaches & all amenities. Perfect holiday home at a "fraction" of the cost.

  • Excellent opportunity to own a QUARTER SHARE of a well presented 2 bed apartment on ground floor, south /west facing in excellent condition in Gramacho golf one of the prestigious and highly sought after Pestana Golf Resorts (next to Pinta and part of the 5 Pestana courses), which has earned its place as one of the best golf courses in Europe.

    Located between two magnificent fishing villages of the Algarve, Praia do Carvoeiro and Ferragudo, within 10 minutes drive from them - now sought-after hot spots for all year-round tourism and living - as well as shops, restaurants and the famous beaches of Praia dos Caneiros, Benagil, Marinha, and around 10-15 min. drive to Portimão city and 20 min. to Praia da Rocha, and about 40-45 minutes drive from Faro Airport.

    This good size ground floor 1/4 SHARE apartment of 117.50m2 inc. terraces is located in a nice position, away from the reception/clubehouse but only 50m away from one of the existing heated pools in the resort, and offers garden views.

    It comprises of an entrance hallway, fully fitted and equipped kitchen with serving hatch to the living and adjoining dining room with fitted woodburner and large patio doors leading out onto the covered terrace, perfect to enjoy your meals "al fresco" and relax while sunbathing on the lawn, as well as seeing the beautiful Algarve sunsets.

    There is 2 double bedrooms with fitted wardrobes each with patio doors onto the terrace and communal gardens, 2 bathrooms (1 ensuite with bath and a seperate shower room), a small interior storage room, and an exterior storage area (perfect for golf clubs or bikes)

    This 1/4 SHARE is being sold fully furnished and equipped throughout with gas central heating, double glazed windows with mosquito nets and aluminium shutters, alarm system, etc.

    The sale period is "A", which corresponds to the following months:

    2024: January, May, September
    2025: April, August, December
    2026: March, July, November
    2027: February, June, October

    (Obs: the months are in a rotating bases throughout the years and will continue in perpetually)

    Buying a 1/4 share for a relatively small investment you become part owner of a freehold property which is yours to enjoy 13 weeks throughout the year on a rotating basis.

    The scheme is very simple. With three other independent parties, you own a freehold property at Gramacho Golf Resort, located in the heart of the Algarve.

    Each quarter secured by individual title deeds. Buying through this well proven system considerably reduces the cost of ownership as it is split into four equal parts, each party using the property for 13 weeks of the year.

    On the resort there is a clubhouse with restaurants and bar (open every day from 7:00 a.m. to 10:00 p.m.), situated with spectacular views of the fairways and offering a warm and cosy atmosphere. There is a pro shop with well-known golf brands, changing facilities, services of hiring of clubs, trolleys and buggies and full golf reception facilities.
    In addition to this, the resort offers a resort reception, a spa-area, a children’s playground, beautifully landscaped gardens, tennis court, supermarket, 24-h-security and various parking areas.

    The Pestana Golf & Resort is responsible for all property and communal garden management. This group has extensive experience in hotel management and a very solid financial foundation -and Gramacho golf resort is maintained to a very high standard including the exterior paintings of the buildings usually every 5-7 years.

    Due to the great communal facilities and beautiful surroundings, this Golf development appeals to golfers as well as non-golfers.

    Contact us for further information and to schedule a visit. Online viewings also available, through video call.

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