A high-end beach resort located in the Algarve, Portugal
ABOUT THIS PROPERTY:
A high-end beach resort located in the Algarve, Portugal. As a primary residence, vacation home or as an investment. 74 high-end apartments with outstanding views, ranging from one to three bedrooms, all with private terraces, marketed within the NB brand, and made available for rent through an in-house reservation centre.
Acclaimed by its Mediterranean year-round climate, the Algarve is one of Europe’s top beach destinations, and a world-renowned golf retreat. With residents from all Europe, and activities 365 days a year, it is also one of Portugal’s leading regions in terms of economic growth.
Property Yield: In this project they will be working with a rental pool, to increase yield over the years, starting at 4-5% but getting to 7-8% within the first few years.
Location of the property
Portugal’s southernmost region is known for its Atlantic beaches and golf resorts. It is a region blessed with glorious sandy beaches, and picturesque fishing towns and every year attracts millions of tourists from all over the world.