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The Palms

€ 665,000 £ 586,959 $ 792,980

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The Location

For many years now The Algarve has been regarded as one of the best locations for a holiday home investment. A year round destination, it is the perfect place to escape the vagaries of Northern European or Scandinavian weather and is bathed in over 300 days of sunshine a year. Even in summer the heat is tempered by a mild Atlantic breeze making a stay here perfect at any time of year. With a coastline that has numerous fabulous beaches it has an undeveloped feel which attracts many investors looking for another place to call home.

Centrally situated on the Algarve coast lies the picturesque village of Ferragudo. Sheltered by its natural position where the River Arade meets the Atlantic Ocean, the village historically offered a safe haven for fishermen. Today those fishing boats, cobbled streets and whitewashed buildings still appear timeless.

Ferragudo’s reputation has grown and grown and yet it has retained that ageless charm and character. The village hosts numerous restaurants and bars that will suit all palates.

Nestled on a hillside to the south of the village The Palms is only a five minute stroll to either the Praia Grande beach or the village square and provides everything you need for your day to day living and enjoyment.

Golf

Quite simply, Ferragudo is a golfer’s paradise.The sheer number and variety of courses within easy reach is hard to beat offering challenges to players of all levels.The breathtaking scenery is perfect for golf including wide lakes,undulating tree lined fairways,sea views and elevated greens.Add to that top class facilities and the year round climate and you’ll see why the Algarve has a reputation as the ultimate European golf destination.

Bespoke Options and Lifestyle Services

Even though the fixtures and fittings are all high end, it is still possible to personalise further with some of the following options:-

- Sunloungers, shades and canopies
- Outdoor furniture
- Furniture, curtains and blinds
- A complete interior design service
- SONOS wireless sound system

Personal Concierge

The day to day care of your property will be looked after by our 24 hour Concierge service. This dedicated person will ensure that every attention to detail will be covered thus giving the owner total peace of mind. When you return, they will be there to greet you and take care of your needs and wishes.

Additionally, all of the properties bills and correspondence will be taken care of on your behalf with an accountant providing you with bi-monthly statements.

Lifestyle

Owners at The Palms will get much more than just a home. They will not only benefit from the exclusive facilities of The Palms and the Concierge, but also be able to utilise those of Vila Castelo Parque.

These include:

- The "Lounge" for light bites and drinks
- Special events and functions
- Gymnasium with the option of a personal trainer
- Treatment rooms
- The Palms Wine Club
- Business facilities/services

All of the properties at The Palms are contemporary in design and are detailed to an exacting standard. Spacious interiors, roof terraces and balconies blend together with a sliding 8 metre glass frontage to create the feelings that bring the outside in. 

Select from the collection of three and four bedroom Apartments.

Seamless laminated glass panelling on terraces take full advantage of the panoramic views. All of the owners at The Palms have the exclusive use of the large heated pool together with quality sunshades and loungers.

As you imagine, the beautifully landscaped grounds are abundant with mature palms. The gated private driveway leads to the underground car park where space is reserved for each owner. From here or the ground level all of the suites are serviced by top of the range Schindler lifts. 

A gated pedestrian walk way links to Vila Castelo Parque lounge and reception.

5 Star Luxury Living!

Key information

Reference: PPVM01

Apartment

Ferragudo, Western Algarve

3 bedrooms

3 bathrooms

Developer ownership

Built in: 2015

200m2 build size

€ 3,325 £ 2,934 $ 3,964 / m2 build

Features

  • Pool
  • Air conditioning
  • Garden
  • Heating
  • Garage
  • Parking
  • Underground Parking
  • Terrace/Balcony
  • Covered dining area
  • Gym
  • BBQ
  • Storage room
  • Spacious
  • Smart home

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

The location: Ferragudo

Ferragudo is located across the river estuary of Rio Arade, on the opposite side of the neighbouring bigger city of Portimão.

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Yours sincerely,
Luis Martins

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Ask the Expert: Currency Exchange

Sarah Monaghan is a foreign currency exchange specialist working for Smart Currency Exchange in Portugal. If you have a question relating to foreign currency exchange, complete the form below and Sarah will get back to you.

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Francisco Salgueiro is a property law expert working for Edge International Lawyers in Portugal. If you have a question relating to Portuguese property law, complete the form below and Francisco will get back to you.

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