Wellness Condo Hotel
- Reference: WA200001
- Price £171,000 • €200,000
- Luxury spa-resort in wonderful rural setting
- The first Wellness Resort Hotel in Portugal
- Condo hotel (use when here, rent when not)
- 5% rental guarantee available for 3 years
- 80% LTV mortgages available
- Incredible rural views from all apartments
- 1 bed, 2 bath, managed condo apartments
- Fully equipped kitchen with appliances
- Short walk to village of Caldas de Monchique
- Magnificent landscaped gardens & walking trails
- Several elegantly designed communal pools
- Comprehensive amenities for relaxation
- Thermal waters
- Excellent environmentally friendly credentials
- Near several golf courses and beaches
- Sizes varying from 60 to 90m2
- Completion due in late 2009
Interested? Contact us for further details
This luxury spa-resort will be the first Condominium concept hotel in Portugal. With incredible views, surrounded by stunning countryside, this is a unique opportunity to purchase. It will be a place for rest, relaxation, recreation and support aimed at people who search for wellness whether they are property owners or rental customers.
The resort will have a 4 star plus rating and property owners will have the option of a 5% rental guarantee available for 3 years. 6.5% to 7.5% is predicted after that.
A few minutes walk from the small village of Caldas de Monchique, this resort will have carefully designed landscaped gardens, walking trails and communal swimming pools.
Only 3 storeys high, this development will be built and finished to the highest of standards. Each 1-bedroom apartment will also have 2 bathrooms, balcony and a fully equipped kitchen.
1 bedroom managed condo apartments with sizes varying from 60 to 90m2. Completion due late 2009. Town: 5 mins walk, Beach: 20 mins drive, Golf: 10 mins drive, Restaurants: 5 mins walk, Shopping: 5 mins walk, Airport: 45 mins drive, Garden: Communal & private
