Investing in rental property in the Algarve
Perfectly located 20 minutes from Faro Airport in the Algarve in Portugal, Viceroy Residences is a new high standing eco-residential complex with golf course, consisting of 18 small buildings with underground garages and a total of 65 new apartments with luxury amenities.
Thanks to the excellent road access, you can easily reach the beaches of the Algarve coast, Faro International Airport or the nearby towns of Loulé, Quinta do Lago or Vale do Lobo.
This new apartment is sold fully equipped and furnished, it has beautiful, bright and spacious spaces, pleasant terraces, and has been carefully designed to offer you peace, privacy and security.
It offers high-quality finishes and an elegant architecture completely integrated into the heart of green surrounding nature.
For your comfort, the choice of quality equipment gives this property a high level of exigency and comfort worthy of a prestigious address for your stays in Portugal.
The interior and exterior spaces let you enjoy a magnificent view of the golf course and a unique natural setting.
This beautiful holiday apartment with sober interior design and an exceptional location is a real opportunity for real estate investment in Portugal in an eco-resort complex with 5-star hotel services.
Your holiday apartment in the Algarve, with a guaranteed rental return for 5 years
Enjoy a net guaranteed minimum return of 5% per year during the first 5 years (pre-tax and net of expenses) and a holiday apartment in a privileged environment with top-of-the-range services for your stays in the south of Portugal.
Each owner can enjoy up to 10 weeks per year of their apartment and can access the hotel's amenities (golf course, spa, wellness center, and several restaurants).
The Viceroy Residences at Ombria Resort in the Algarve
Undoubtedly elegant and perfectly in harmony with its environment, in a peaceful natural setting, the Viceroy Residences is perfectly in line with the current trend in Portugal regarding the concept of ecological hotel resorts in total communion with nature.
Both innovative and sustainable, the architecture of the residence is inspired by the lifestyle of this region of southern Portugal, combining heritage and modernity while judiciously combining private gardens and common areas with various activities, golf courses, spa, wellness center, and numerous restaurants.
Structure
-Foundations: reinforced concrete
-Nogging: reinforced concrete
-Facade: For perfect thermal protection and soundproofing, the façades comprise ‘Diathonite Evolution’, a natural eco-friendly premixed plaster, totally cement-free, made with pure natural hydraulic lime, clay, diatomaceous earth and reinforcing fibers. This product has the best coefficient of thermal conductivity currently on the market for thermal coatings.
-There is also an air chamber and the outer layer will be plastered with cement and painted on perforated brickwork
Front door
-Solid wood door covered by phenolic panel with security lock
Doors and windows
-Ottima 38 Plus bronze anodized aluminum with double solar glazing, or equivalent
-Ottima 38 Plus has 20 mm profile sightline between panes, embedded sill, avoiding physical or visual obstructions
-98% of the window surface is structural glass
Terraces and balconies
-The floor surfaces of covered and uncovered terraces are of Portuguese limestone
Partitions
-Double walls with insulation between units and single walls through, affording excellent thermal and sound insulation using a Diathonite Thermactive, a spray cork-based insulation
Interior elements
-Oakwood floors by Wicanders Amorim or equivalent, in halls, bedrooms, living rooms and kitchens
-The walls are painted flush with high-quality paint in white dove color
-False ceilings made of plasterboard laminates painted in white dove, suspended from a metallic structure and with Coal Rustic Finish / Dark brown/Black oak wood beams
Carpentries
-Solid Oak wood lacquered in Coal Rustic Finish / Dark brown
-Spacious fully fitted wardrobes/closets, made of dark oak wood. The interior structure is made of dark oak wood, jute grasscloth / natural fibers
-Doors ar lacquered in dark oak wood with custom laminated glass panels and Jamb switch activated lighting
Bathroom
-The ceramic tile floor will match Estremoz marble stone by Maxfine or equivalent, accent wall on the tile to match Travertino by Maxfine or equivalent, and painted wall in White Dove color
-Vanity with built-in sink in Portuguese marble Rosa Aurora
-Wall-mounted toilet and bidet by Villeroy & Boch or equivalent with in-wall tank flush by Geberit or
equivalent
-The chrome taps, floor mounted tub filler, and showers are by DORNBRACHT or equivalent
-The free-standing bathtubs are by Cantrio Koncepts or equivalent
Kitchen
-Kitchens designed by Wimberly Interiors are fully fitted and equipped with latest Bosch appliances or equivalent
-Quartzite Bianco stone or equivalent countertops and Mosaico del Sur Mosaic Tile or equivalent backsplash
-Spacious painted wood top and bottom cabinets
-Top cabinets have ribbed glass panel insert and under cabinet light
Sanitations Facilities
-An integrated PVC system filters any unpleasant odours when draining water
Plumbing
-The general water network and internal distribution system use cross-linked polyethylene pipes. This
material is resistant to all types of corrosion, does not produce limescale, does not affect the characteristics of the water and has a low coefficient of conductivity which reduces heat loss
Climate Control and hot water
-Domestic hot water, under-floor heating by UPONOR or equivalent
-Climate control/air-conditioning is done by geothermal equipment using DAIKIN or equivalent heat pump
-Hydraulic under-floor heating in bathrooms with thermostatic control
Electricity, Telephone System, Internet & TV
-Smart device to control lighting and temperature in each partition
-LED lighting throughout
-Telephone
-55” LED Smart TVs with an option of tuning in to many international channels and full access to high-speed internet (fiber) via Wi-Fi
Security
-Fire detector and alarm connected to a 24-hour central security/surveillance office
-CCTV cameras system in outdoor areas
-Properly trained security staff present 24/7 ensure the highest standards of security in the entire resort
Garages
-There is an underground garage for 40 vehicles, some of which with plugs to charge electric cars
Elevators
-Kone or equivalent
Gardens
-The gardens, designed by PROMONTORIO Architects, are fully landscaped and have an automated irrigation system
Area | Floor | Bedrooms | Price | |
---|---|---|---|---|
196 sqm | 0 | 1 | 649.200€ | |
195 sqm | 0 | 1 | 711.500€ | |
191 sqm | 0 | 1 | 811.500€ | |
224 sqm | 0 | 1 | 841.500€ | |
178 sqm | 1 | 2 | 906.100€ | |
168 sqm | 2 | 2 | 956.100€ | |
169 sqm | 2 | 2 | 966.100€ | |
277 sqm | 0 | 2 | 1.006.100€ | |
172 sqm | 1 | 2 | 1.006.100€ | |
172 sqm | 1 | 2 | 1.006.100€ | |
172 sqm | 1 | 2 | 1.006.100€ | |
197 sqm | 1 | 2 | 1.036.100€ | |
203 sqm | 1 | 2 | 1.436.100€ |
The Ombria Resort - Viceroy Residences project is expected to be complete by the 2nd quarter of 2023 and is currently under construction, reaching the interior stage.
This new luxury residence of the Umbria Resort overlooks a hill and a golf course.