Apartment for sale in Ombria Resort, Loule, Algarve, Portugal

One to three-bedroom fully furnished touristic apartments for sale at Ombria Resort’s newly launched Oriole Village near Loulé, in Portugal’s Central Algarve region.

The Oriole Village site is located along the southern boundary of the nearly completed 5* Viceroy at Ombria Resort Hotel Residences, and the Alcedo Villas. Situated on a south-facing slope and in a village environment, the properties will enjoy panoramic views of the golf course and vibrant green hills beyond.

When finished, Oriole Village will comprise 83 freehold touristic homes, including luxurious apartments (1-, 2- and 3-bedrooms), townhouses (2-, 3- and 4-bedrooms), semi-detached villas (2- and 3-bedrooms) and detached villas (4-bedrooms).

The apartments will be dispersed across eight-south and southwest facing buildings, ranging in size between approximately 70 and 135 sqm (753 and 1,453 sq ft) of gross internal area - 130 to 229 sqm (1,400 to 2,465 sq ft) including terraces and/or garden.

Each apartment comes fully furnished and equipped throughout, including either a fitted kitchen or kitchenette, living room, bedroom(s), bathroom(s) and external terraces or loggia. All the apartments at Oriole Village will be close to one of two-communal swimming pool, the largest of which will be heated.

Benefits to buyers include:

• Eligibility to apply for Portugal’s Golden Visa programme
• Access to 5* resort amenities, facilities, and services
• Unlimited or flexible personal use
• Professional rental management programme

Note: A ‘time limited’ 4% per annum minimum guaranteed yield (pre-tax and net of expenses) will be offered for the first three-years!

The apartments are sold freehold, and owners will have usage rights to one- or two-parking spaces, either within a garage or underground, as well as private storage spaces.

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The properties are being released in phases, with a number of properties already sold to previously registered buyers during the pre-reservation stage. Oriole Village is proving popular with buyers attracted by the spectacular setting, investment opportunity, lifestyle, facilities and amenities, including an 18-hole signature golf course, and the benefits that the Portuguese Golden Visa offering:

• Visa-free travel in Europe’s Schengen Area and the right to live, work, and study in Portugal
• Low physical presence requirement (seven days during the first year of residence and 14 days for each two-year renewal period)
• Attractive taxation system for expat residents
• Uniquely - eligibility to apply for citizenship (EU) after five-years as a legal resident while keeping other citizenship(s)

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Opening in Mid 2023, Ombria Resort is a new, world leading sustainable luxury development, set amidst 153 acres of serene countryside located in a secluded and natural landscape of rolling green hills, rivers, lush cork and oak forests. It will set the bar as a new generation of low-density resort development where sustainability, the environment and support of the nature and local heritage lie at the heart of the resort. The overall concept for Ombria Resort is a destination that is in touch with the Authentic Algarve.

Ombria Resort has been designed to the highest international standards. Owners will have access to 5* service and state-of-the-art facilities within the resort and locally.

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Never have a dull moment with a wide variety of amenities and activities to suit everyone, including: Golf, canoeing, fishing, sailing, kayaking, cookery and pottery classes, jogging circuit, cycling, mountain biking, rock climbing, organic farming gardens, traditional honey harvesting, bird watching and nature trails, nearby beaches, surfing, equestrian centre, water parks, kite surfing, Fonte da Benémola nature reserve, historic attractions, bustling markets and excellent shopping.

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