Apartments in Lagoa e Carvoeiro, Faro

Luxury development located in the Algarve, with stunning views over the sea and the city of

Carvoeiro along its coastline. This region is considered one of the most exclusive European summer destinations for leisure and relaxation.

The apartments have a modern, bright, and pleasant design. In total, the resort offers 74 apartments of three types: T1, T2, and T3. They feature thermal insulation, double glazing, wooden floors, natural stone flooring, heated floors in bathrooms, and air conditioning in all apartments. The kitchens are fully equipped with:

• dishwasher;
• washing machine;
• extractor fan;
• hob and oven;
• microwave;
• coffee machine.

It is a gated property with 24-hour reception with access to amenities such as swimming pools, gardens, parks, rooftop terrace, restaurant, bar, gym, underground parking, and hotel management and rental service. Maintenance and repair works, transportation to beaches, and others are handled by the resort management company.

It is an excellent investment opportunity as rentals will be managed by the Hotel Management, allowing apartment owners to maximize benefits. An annual income of 4% is projected, and once this target is reached, the revenue will increase to 5% or more in subsequent years.