The luxury eco is a resort property located in Portugal’s beautiful Algarve region. One sale is income-generating Algarve Golf property eligible for the Golden Visa with an investment of just €400,000.
The Resort
The luxurious 153-acre golf resort is located in the heart of the Algarve and has a hugely impressive 18-hole golf course, an organic farm, hiking trails, an astronomical observatory, and an off-site beach club with water-sports facilities. The grounds also include a luxury spa, pool, gardens, a concierge service, and a fine dining restaurant. The property is managed and maintained to the highest standards and includes a 24-hour security system.
The Algarve Golf Property was designed by world-leading architectural firms in ways that combine natural serenity with a luxury living experience. The property has won several awards for its construction design and sustainability.
The resort’s architecture, landscaping, material sourcing, and aesthetic all work to reflect the natural environment and create an ideal responsible resort. The property’s bioclimatic smart houses use state-of-the-art solar and geothermal energy sources to ensure responsible and ethical energy usage.
The property uses subtle but advanced technologies, locally-sourced sustainable materials, and energy-efficient designs to blend luxury living with responsible energy consumption.
Investment – Algarve Golf Property
The remaining apartments on sale at the Algarve Golf Resort start at €550,000. Investors can enjoy guaranteed return of 5% net per year for the first five years inclusive of a 70-day stay at the Algarve Golf Property. When visiting the resort investors have access to all of the hotel’s facilities which also include 6 restaurants, a spa, a kid’s club, conference centre. See the remaining units available below (furniture not included):
Ground Floor Apartments
106,74 m2 One-Bedroom Apartment with Terrace 46,26 m2 (Covered) + 27,53 m2 (Uncovered) and 10,33 Jacuzzi for €750,000
106,43 m2 One-Bedroom Apartment with Terrace 72,20 m2 (Covered) + 16,73 m2 (Uncovered) for €630,000
104,27 m2 One-Bedroom Apartment with Terrace 54,59 m2 (Covered) + 20,83 m2 (Uncovered) for €630,000
147,59 m2 Two-Bedroom Apartment with Terrace 84,87 m2 (Covered) + 28,35 m2 (Uncovered) for €900,000
73,50 m2 One-Bedroom Apartment with Terrace 97,45 m2 (Covered) + 24,87 m2 (Covered) for €560,000
144,95 m2 Two-Bedroom Apartment with Terrace 112,81 m2 (Covered) + 40,71 m2 (Covered) and 16,50 Jacuzzi €960,000
First Floor Apartments
145,46 m2 Two-Bedroom Apartment with Terrace 4,31 m2 (Covered) + 22,64 m2 (Uncovered) for €880,000
145,47 m2 Two-Bedroom Apartment with Terrace 4,31 m2 (Covered) + 22,64 m2 (Uncovered) for €880,000
145,32 m2 Two- Bedroom Apartment with Terrace 4,31 m2 (Covered) + 22,64 m2 (Uncovered) for €880,000
170,30 m2 Two- Bedroom Apartment with Terrace 6,21 m2 (Covered) + 26,53 m2 (Uncovered for) €1,250,000
145,97 m2 Two- Bedroom Apartment with Terrace 9,26 (Covered) + 23,31 m2 (Uncovered for) – €800,000
173,38 m2 Two- Bedroom Apartment with Terrace 5,68 (Covered) + 18,27 m2 (Uncovered for) – €930,000
Second Floor Apartments
145,47 m2 Two- Bedroom Apartment with Covered Terrace 22,64 for €840,000
145,97 m2 Two- Bedroom Apartment with Covered Terrace 23,31 for €850,000
Developer
The developer is a family-owned European investment firm with a passion for sustainability. The developer is dedicated to sustainability and has a passion for preserving natural and cultural heritage for future generations. Working with a Luxury Internationally Branded Hotel Group, the developer aims to combine contemporary luxury lifestyles that work in harmony with nature. The Resort Operator runs successful hospitality and tourism projects across the United States, Panama, St. Lucia, Mexico, Portugal, and Serbia.
Location – Algarve Golf Property
The Luxury Algarve Apartments are located in The Algarve, Portugal’s southernmost region. The area is famous for its sandy beaches, fishing villages, and diverse terrain. Residents can enjoy world-class seafood and various types of water sports. The region is home to several famous surfing sites and over 40 golf courses. The Algarve is also home to diverse wildlife that would be ideal for birdwatching. Faro, the region’s capital, offers abundant historic attractions and cultural sites. The Algarve is well-known as one of the best summer and winter golfing destinations in the world.
The property is just 20 minutes from Faro Airport and less than 10 minutes from Highway A22, which connects the region to Lisbon and Spain. The property is also within 20 minutes from some of Portugal’s best beaches.
The region has a comfortable Mediterranean climate that many people say resembles Southern California. Summers are warm, and winters are mild. The region averages 320 sunny days per year.
Lincoln Global Partners has an extensive range of Golden Visa eligible properties in Portugal including another Golf Resort in Obidos close to Lisbon.
The Golf Course FAQs
What is the golf course like and what facilities will there be?
The 18-hole, par 70/71 golf course spanning approx. 6.000 m offers scenic views of the surrounding countryside and will provide golfers with an exceptional and diverse golfing experience. Jorge Santana da Silva (golfdesign.pt/), who also designed Quinta do Lago’s Laranjal course, strongly influenced by his experience with Robert Trent Jones, Cabell Robinson, and Bill Boswell, has
developed a philosophy to make his projects maintain a natural landscape, taking advantage of original elements and protecting environmental values. It is a priority to preserve the environment, nature appreciation and maintain natural resources.
Who designed the Golf Course?
The Algarve Golf Property golf course was expertly designed by Jorge Santana da Silva, takes advantage of the original natural features and environmental values of the landscape to create a singular course with two distinct nine hole areas and several river crossings. The natural setting, hilly terrain and river that meanders through the back 9 holes of the course highlight the diverse and challenging layout. Planted areas on the golf course are minimised to enhance its natural environment and reduce water
consumption for irrigation. Although the course covers an area of over 70 hectares in total, the areas planted with grass will only
cover about 25 hectares, which is on average 30% below what is common in most other golf courses. The remaining areas will remain in its natural form. With sustainability in mind, watering systems keep water consumption to a minimum.
Who is constructing the Golf Course?
The Algarve Golf Property golf course construction is being done with the support of one of the world’s best golf eco-label certifications. The course will match the surrounding spectacular landscape with immaculately groomed Bermuda
Riviera grass fairways, Bent grass greens and a service staff committed to creating exceptional experiences for players of all ability levels. The Clubhouse is conveniently located on a hilltop overlooking the golf course and with magnificent views. It houses the reception desk and pro shop, and features a Sports Bar / Grill & Veranda restaurant and outdoor terrace, a Gym, locker rooms with sauna and Jacuzzi, and an outdoor swimming pool (20m x 6m).
When is the golf course going to be ready for play?
The construction of the golf course commenced in November 2016 and has been completed in April 2019, however it will only open officially for play once the clubhouse and hotel construction are complete, which will be in early 2022.
Will you sell golf memberships and green fees, and at what rates?
The course will sell both green fees for pay-and-play leisure golfers and annual golf memberships to those who wish to make
the Algarve Golf Property Resort their home course. Property owners will benefit from discounted rates.
Golf- Membership Costs
Property Owners Membership
• Joining Fee: 10.000€ (per person)
• Annual Fee:
o 2.500€ (one person)
o 3.750€ (two persons)
o 500€ (Junior)
Non-Owners Membership
• Joining Fee: 13.000€ (per person)
• Annual Fee:
o 3.000€ (one person)
o 4.000€ (two persons)
o 600€ (Junior)
Owners Flexible Golf Membership (for property Owners playing max 4 months p/year)
• Joining Fee: 4.000€ (per person)
• Annual Fee:
o 1.000€ (one person)
o 2.000€ (two persons)
o 400€ (Junior)
What are the rules and conditions of use of the Algarve Golf Property Resort golf course, for property owners and non-owners?
- Owners will have a priority over Viceroy hotel guests, other hotels’ clients and all other players.
- Owners will have some pre-reserved tee times daily from 9.00h to 10.00h (from April to October) and
from 8.30h to 9.30h (from November to March). These tee times will be offered first to owners all year
round, however owners cannot book these pre-reserved tee times more than one month in advance. - The pre-reserved tee times that are not booked by the owners 48h before, will be released and put at
the disposal of the hotel clients and to all other clients. - Owners will also be able to reserve and play golf out of the pre-reserved tee times, subject to golf tee
time availability. - Owners and non-owners will need to respect the reservation and cancellation
policies of the golf course, as well as the different dress code, behavior, procedures and other golf
course policies.
Algarve Golf Property owners are entitled to use their own buggy in the resort, subject to paying the annual buggy path maintenance fee and they can store it and charge it in the buggy area located in the golf clubhouse (electric charging costs apply).
Will owners have special benefits or discounts on the use of the golf facilities at the Algarve Golf Resort?
All owners and their direct family members (children or parents) benefit from price discounts on the
use of the golf facilities:
• 10% discount on all articles in the golf pro shop
• 15% discount on food & beverage in the clubhouse restaurant
