Apartment 104m² for sale in Loulé

Property information

Apartment 104m² for sale in Loulé.
Work will begin at the end of 2018 (completion expected by summer 2019) to modernise 64 luxury one- and two-bedroom apartments and prime penthouse suites, with pool, garden or ocean views, floor space from 104m2 to 135m2, prices from 620.000€ up to 970.000€. Already acknowledged as a quality resort in the region, the Formosa Park renovations will take the resort to new levels of luxury and the elegant, contemporary architecture and decor will blend seamlessly with the breathtaking natural environment. Resort facilities include a spa, restaurant and bar, pools, children's playground, tropical garden, 24hr reception, golf shuttle and privileged access to San Lorenzo and Pinheiros Altos courses. Buyers are ensured an annual minimum return on investment of 4% of the sale price for the first three years, with a right to use the apartment up to 15 days a year (excluding June 15 – December 15). Energy Rating: In progress

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