Shared accommodation for sale in Carvoeiro - Palm Gardens, Lagoa E Carvoeiro, Lagoa Algarve

£75,867 (€89,000)
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Shared accommodation for sale - 2 bedrooms

2

Property features

  • 2 bedrooms
  • House area: 96 sqm
  • Swimming Pool
  • Air conditioning
  • Condition: Good condition
  • 2 bathrooms

Property description

An opportunity to buy a 1/4 share in a beautiful modern and tastefully decorated 2 storeys, east/southwest facing, 2 bed, 2 bath townhouse, located on the prestigious complex of Pestana Palm Gardens on the outskirts of Carvoeiro village, within 200m of Centeanes beach and less than 5 min drive from Carvoeiro centre, beach and its amenities. Faro Airport is only 40 min drive away.

Pestana Palm gardens is a 4-star clifftop resort located near Carvoeiro on a plateau overlooking the ocean and the Praia de Centeanes beach, which is protected by tall sandstone cliffs, located only 200m from Centeanes beach, the resort was first opened in 1990 and was fully renovated in 2002/2003.
It is surrounded by palm tree filled gardens and extensive grassed areas and it comprises of seventy-eight *Townhouses*, all of which have 2 bedrooms, some have direct sea views, and all are fully furnished, equipped with roomy kitchens and wide sliding doors onto the beautiful, landscaped garden.

This townhouse comprises of: On the ground floor there is a fully equipped kitchen, and a shower room with WC, a spacious lounge with access to a private terrace leading directly to the garden, where you can enjoy a magnificent sea view, while relaxing in the sun or enjoying a good meal outdoors.
On the upper level there are 2 large bedrooms both with fitted wardrobes and 1 bathroom. The master bedroom has a small balcony facing the pool and the second bedroom has a window overlooking the sea.

It is sold fully furnished and equipped with fully air conditioned, infra-red heaters in both bathrooms, safe, satellite TV, double glazed windows with mosquito nets.

The resort provides several facilities for you to relax and enjoy to the fullest (most of these services are mostly provided by the resort for free. External or paid services are identified).
Outdoor pool (heated in the winter months), kids Pool, which is surrounded by a beautiful garden, Fitness center, including a gym, sauna, Wellness Center, Massages and beauty treatments (payable), Free Wi-Fi, Tennis Court and a table tennis, Restaurant, Pool bar, Children's playground, Parking, Baby Sitting (payable), 24h Reception, etc.

This particular property is being sold as a 1/4 share, that gives you an opportunity to buy a beautiful place in the sun, at an accessible price and entitling you to 13 weeks usage throughout the year on a rotating basis on a 4 year cycle (weeks are split between the seasons so you have access at all different times of the year).

The sale period of this quarter share - (1/4 share) is *Period C*, which corresponds to the following months:
2025: February, June, October
2026: January, May, September
2027: April, August, December
2028: March, July, November
2029: 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/3 month throughout the year on a rotating basis.

The scheme is very simple. With three other independent parties, you own a freehold property at Pestana Palm Gardens, 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.

Don“t hesitate to request for further information or to organize a visit. Virtual tours also available by video phone.

Ref: VC735

Property info

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Vernon Algarve Real Estate, on +44 330 038 7302 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vernon Algarve Real Estate, and do not constitute property particulars. Please contact Vernon Algarve Real Estate for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.