Apartment for sale in Carvoeiro of 105 m²

UNIT 26 - T2B - FLOOR 0 WITH PARKING
GOLDEN VISA PROPERTY @ REDUCED RATE OF EUR 400,000

The Nomad Bay property is located just minutes from Carvoeiro, one of the most desirable locations in the Algarve. Carvoeiro is a charming and traditional tourist town in the Western Algarve, best known for its whitewashed houses and breathtaking beaches. Surrounded by cliffs, Carvoeiro offers a vibrant and peaceful atmosphere. As you walk through the narrow cobbled streets of Carvoeiro, you will find a wide selection of excellent restaurants and bars, where you can admire the beautiful sea views. As Carvoeiro is close to the Atlantic, you can travel by boat to many destinations, such as the famous Benagil cave, up the Arade River to the castle town of Silves or Praia da Rocha in vibrant Portimão.

The Nomad Bay property is located just a few minutes from the center of Carvoeiro, on a hill that offers stunning views over the sea. From the property, you are within walking distance of several beautiful beaches, such as Praia do Carvalho or Praia do Vale de Centeanes, as well as many golf courses, such as Vale de Milho golf.

Given the excellent location of this property and its proximity to a wide range of tourist attractions, this property is sold as an investment property. The project was structured as a hotel chain and is being managed as such, meaning Nomad Bay will take care of all property management and apartment rentals for a complete turnkey solution. Inventors are free to occupy their apartment seasonally or year-round, but when the property is not occupied by its owners, the property will generate income through rentals. This project also qualifies for the reduced Golden Visa of EUR 400,000.

The Nomad Bay property will be a luxury holiday resort comprising 4 two-story buildings and 74 apartments, ranging from 1 to 3 bedrooms. Prices for T1 units start at 450,000 euros. The asking price for T2 units starts at 550,000. All apartments will have floor to ceiling windows, creating a bright and comfortable environment. All units include a large outdoor space and many units have ocean views. All kitchens will be fully equipped with top-of-the-range appliances such as Smeg or Bosh and will include a dishwasher, washing machine, refrigerator, extractor fan, oven and coffee machine. All units will have hardwood flooring throughout. Property amenities include a pool, gym, spa, restaurant and bar.

This T2B unit (102.20m2) has a large open space of 28.10m2 which consists of a living room and a kitchen. The master bedroom (14.80 m2) has a private bathroom with a shower and two sinks. The second bedroom is 12.10m2. There is a second bathroom with shower. The unit has a large 23.0m2 terrace that can be accessed from both the living room and bedrooms. This unit also has a 35m2 garden.

Construction of the resort is already underway and opening is expected in the second quarter of 2024.

For more information, send me an email to [email protected] or whatsapp +351 912 222 159
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