Apartment Great investment

in Estombar | Estômbar e Parchal

  • 226,000 €

  • 193.390 £

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PROPERTY DESCRIPTION
Ideal location
  • The Vines complex, a Turn-key combination of holiday home and investment project near Carvoeiro:

  • “The Vines” complex presents a perfect turnkey combination between a holiday home and an investment project, set in a wine estate at Quinta dos Vales, located in Estombar, Lagoa, just 6 km from the beach of Carvoeiro, Ferragudo and 7 km from Portimão. This complex and its apartments are surrounded by picturesque hills, covered with vines, offering peace and a unique tranquility. Each apartment has 1 bedroom, 1 bathroom with shower, kitchen and open plan living room, as well as a private terrace integrated in a cozy private garden with a pergola. On-site facilities; parking, 2 swimming pools (1 heated), restaurant, gym, tennis and a whole world to explore. Prices from:

  • “The Vines” complex presents a perfect turnkey combination between a holiday home and an investment project.

    THE VINES complex is surrounded by picturesque hills, covered with vineyards, for nature lovers and of course wine, THE VINES offers unparalleled peace and tranquility and offers individuals the possibility of buying a property in the heart of this picturesque estate, combining holiday homes and an investment opportunity.

    THE VINES consists of 16 independent suites apartments, perfectly balancing the indoor and outdoor areas offering these holiday homes an optimal comfort to enjoy on your summer holidays as well as on the cooler months.

    Each apartment consists of 1 bedroom, 1 bathroom with shower, an open plan kitchen and living room, as well as a private terrace, harmoniously integrated in a cozy private garden with a pergola.

    The apartments are equipped with;
    • Electric underfloor heating
    • Air conditioning (Daikin)
    • Premium kitchens (Santos & Silestone)
    • Double glazed windows and doors
    • Hot water production using solar energy
    • Natural marble flooring in all internal divisions
    • Natural marble floor on the outdoor terrace.

    They also have the following facilities on site:

    • 2 pools, one of which is heated throughout the year
    • Additional storage facilities, upon request
    • Restaurant and bar
    • Gymnasium
    • Tennis court
    • Paddle court
    • Mini golf
    • Park with animals

    The apartments are available in two types,
    • 2nd and 3rd row apartments with 42 m² of living area and 76 m² including terraces and garden (ONLY 4 AVAILABLE)
    • First line apartments with 52 m² of living area and 92 m² including terraces and garden (ALL SOLD OUT)

    Prices from 226.000€ until 228.000€

    Obs.
    • During the weeks when the owner do not wish to use his apartment suite himself, the on-site experienced Quinta dos Vales rentals team can handle the rental to tourists for you. A full rental service is offered, as all upkeep, gardening, maintenance, as well as the rental operation.
    • Upon purchase of one of these units the developer offers a guaranteed return of 3% p.a. on the purchase price during the first 4 years of operations. (Excluding the furniture & equippment price, and purchase costs) and the condominium fees.

    • The complex presents other advantages to its new owners, one of them the unique opportunity to rent or buy "a piece of vineyard" between 650 m² and
    8000 m², and to produce your own wine with high quality grapes that have been cared for with the help of highly qualified specialists.


    "THE VINES" complex is located in a well-known wine estate "QUINTA DOS VALES" founded in 2007 and widely recognized as the main producer of wines in the Algarve, with its wines winning the distinction "Best wine in the Algarve" 7 of the last 11 years .
    Without forgetting "Art" - Quinta dos Vales is an immense art gallery in the "open sky", with more than 100 sculptures displayed on the ground, ranging from 30 cm to 7 meters in height. The vast majority of the sculptures are made by Karl Heinz Stock (owner and founder of Quinta dos Vales), and attract thousands of visitors to the property every year, during its events, wine tasting, and spend a holiday at this magnificent property.

    The Quinta dos Vales is located in Estombar, a typical village that keeps its Algarvian charm, and is located between Lagoa and Portimão and only 6km (max. 10 minutes by car) from Carvoeiro and Ferragudo, the 2 most picturesque villages and its beaches of Algarve, and also only 40 minutes from Faro airport.

    Contact us for more information and schedule a visit to this unique complex and to see the showroom. Viewings also available through video call.

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