Quinta do Lago, Algarve, Portugal
2 Bed | 2.5 Bath
From EUR 815,000
Key Details
Quinta do Lago, Algarve, Portugal
The Algarve is a golfing favourite thanks to the 40 courses along its sandy Atlantic coastline and Quinta do Lago's deluxe facilities put it at the very centre. This was one of the first projects to offer holiday homes on the Algarve and 45 years on has stayed true to the original master plan, a low density residential and leisure resort with top quality homes and five star sporting offerings. Over 100,000 golf rounds each year – that's one in twelve golf rounds played on the Algarve are played on one of Quinta's six perfectly manicured courses.
Quinta do Lago is 18 minutes from Faro airport and measures 650 acres bordered by the Ria Formosa Natural Reserve and the Atlantic Ocean. Continual and substantial investment from its Irish owners has kept Quinta do Lago at the top of its game. As well as the golf courses, its secure and immaculately kept grounds include four driving ranges and Paul McGinley Golf Academy, a new tennis and sports centre called The Campus, water ports on both sea and lake, rugby and football pitches and 16 restaurants and bars. A good range of family friendly social events such as boot camps for children and open air film nights mean that the resort has become more multi -generational. Properties reflect this change too with an increasingly contemporary atmosphere on resort. Quinta do Lago offer homes from compact apartments ideal to lock and leave through to elegant townhouses right up to substantial villas in private grounds.
Prices include furniture.
MEMBERSHIP TO WYNDHAM DESTINATIONS AND THE REGISTRY COLLECTION®
You can exchange your Wyndham Grand Algarve weeks for experiences around the world through your complementary 3 years membership to The Registry Collection®-the world’s largest luxury exchange program, with more than 240 affiliated properties.
From condominium hotels and high-end resorts to private residence clubs and yachts, The Registry Collection program provides members with access to an elite network of the finest vacation properties at some of the world’s premier destinations, as well as travel concierge services catering to their every travel need.
Rental Programme
Owners of the one and two bedroom apartments can use their properties for up to 12 weeks per year over a mix of high, medium and low seasons. The dedicated Owner’s Concierge is available all year round to take your bookings and arrange all services for you and your guests. While you are away, the Wyndham Grand will manage your apartment. Residents will choose a Rental Programme authorising the Four Corners management company to rent out your property and manage it on your behalf.
In the first five years. The buyers can choose between two simple rental options – one that offers a fixed return and another that offers a variable return. In each case, the return on investment, or the return on revenue will always be net of any service charges, fees and expenses. Both options include private occupancy of the apartments by the respective owners for 12 weeks a year.
Owners may switch between options once a year, but must notify the management company of Wyndham Grand Algarve by 30 September in order for the new option to be applied in the following year.
Owners can exchange their Wyndham Grand Algarve weeks for experiences around the world through the complimentary three years membership of The Registry Collection – the world’s largest luxury exchange programme with more than 240 affiliated properties.
Golden Visa
The Portuguese Golden Visa programme, launched in 2012, has attracted investors with its flexibility, immediate residency benefits, and lower investment requirement – making it one of the most popular programs in Europe. The real estate investor visa program requires an investment of €500,000 in a property and allows the main applicant to also apply for residency permits and citizenship for their immediate family members, including dependent children and dependent parents.
The one and two bedroom apartments at Wyndham Grand Algarve Residences are designated “Touristic properties”. This means that property purchasers benefit from Golden Visa access. Touristic properties are always sold fully furnished and there has to be a designated sole rental management entity who has exclusive rental management rights i.e. the owners of touristic properties cannot manage the rentals of their properties directly e.g. they cannot rent them through platforms such as Airbnb. Touristic properties are usually developments or sub-developments within a Resort comprising several units and they can be unbranded or branded residences managed by a local or international experienced hotel operator.
Golden Visa benefits:
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