





€595.000
~$642,600 USD
$8.2K/m² price per m²
rua Alfredo do Nascimento Batista, Luz, Faro, Portugal
Listed NaN years ago
Nestled in the charming village of Praia da Luz, Algarve, the new Martinhal Residences offer an exceptional opportunity for those seeking luxury coastal living. These contemporary 2-bedroom apartments are designed with elegance and comfort in mind, featuring high-quality finishes and beautifully crafted kitchens that cater to modern lifestyles. As a new build, these residences promise a fresh and inviting atmosphere, perfect for both personal enjoyment and investment. The apartments boast access to premium amenities, including inviting outdoor pools and dedicated concierge services, ensuring a lifestyle of convenience and leisure. For investors, the unique Leaseback scheme presents an attractive proposition. This scheme guarantees a fixed net rental income of 4% of the property purchase price for the first six years, providing a reliable return on investment. During this period, the hotel operator manages all aspects of the property, including furniture, insurance, utilities, and maintenance, allowing owners to enjoy a hassle-free experience. Additionally, owners can relish the opportunity to use their property for two weeks during the high season and up to eight weeks in the low season, making it a perfect getaway. With prices ranging from €595,000 to €648,000, depending on the size and features of the apartments, there is a selection of options to suit various preferences. The gross construction areas range from 78.02 m² to 100.95 m², inclusive of balconies and terraces, providing ample space for relaxation and enjoyment. In summary, the Martinhal Residences in Praia da Luz represent a remarkable blend of luxury, comfort, and investment potential, making them an ideal choice for discerning buyers and investors alike.
Idealista
https://www.idealista.pt/imovel/34759353/
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€595.000
~$642,600