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How much do contemporary luxury apartments in a 5-star development cost?

Apartment in Ferragudo

ref. PQH2267
1.116.000€
  • A
  • 3
  • 2
  • 121m2
  • Modern Construction
  • Alojamento Local

The price for contemporary luxury apartments in a coveted 5-star development in the Algarve is €1,116,000 per unit. These apartments boast 3 bedrooms, two bathrooms, and an open-plan design that maximises space and light, perfect for modern living. With construction on the first floor already in progress, buyers can expect to move into these luxury residences in 2026. Enjoy high specification fixtures and ample outdoor areas, ideal for enjoying the Algarve sun. Located close to renowned beaches, golf courses, and a variety of restaurants, this development combines elegance with convenience. Perfect for investors looking for high rental income or a serene holiday home, these apartments also feature splendid amenities like an outdoor and indoor pool, gym, wellness centre, and a cinema under the stars. The development is expected to attract affluent residents who cherish luxury and leisure, making it a sound investment choice. Contact us now to learn more about this unique opportunity!

Usage
Residential
Type
Apartment
Town
Ferragudo
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
2026
Rooms
5
Bedrooms
3
Bathrooms
2
Floors
1
Living Area
121 m²
Usable area
237 m²
Balcony/Patio area
114 m²
Tarmac
Underground Garage, Autom. Garage Door, Parking outdoors
Open Plan
Balcony/Terrace
Fully Fitted, Fully Equipped
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Underfloor Heating in Bathroom, Forced Air Heating & Cooling System, Ventilation System
LED lighting, Fibre Optic Internet
Double glazing, Electric Shutters/Blinds
Indoor Pool, Outdoor Pool, Communal
Landscaped, Communal gardens
Resort facilities, Reception, Spa, Gym, Yoga, bar, Restaurant, Tennis court
Countryside View, Sea View
Modern Construction
• Living area 121m²
• Construction area 237.75m²
• Year of completed construction 2026
• Build time approx. 2 years
• 3 Bedrooms, 2 Bathrooms
• 5 Star resort facilities
• Distance from Beach 1.4km

These 2 luxury three-bedroom apartments, close to Gramacho Golf course and Praia dos Caneiros 5 minutes drive away. Both apartments are located on the first floor and benefit from extra-large outdoor areas. The apartment interiors are stylish, and fitted with Porcelanosa bathrooms and floor tiles and fully equipped Bosch appliances in the kitchen. The contemporary design features include floor to ceiling glass patio doors and glass balustrades on the terrace to enjoy the beautiful Algarve scenery and resort surroundings. This block - already under construction has its own exclusive communal pool, and nestles within the resort in an elevated position. Owners will have access to all of its 5 star facilties which include, a wellness building for yoga, gym and spa, juice bar, rooftop tapas bar, restaurant, outdoor cinema and night observatory to name a few. The apartment is suitable for permanent residence, holidays or for rental investment.

Each apartment comprises:
• Open-plan living/dining
• Fully fitted and equipped open-plan luxury kitchen
• 1 master bedroom with en-suite bathroom & fitted wardrobes
• 1 double bedroom with fitted wardrobes
• 1 double bedroom
• 1 family bathroom
• Outdoor area of 113.75m²

External
• Underground Parking
• Beautiful, landscaped gardens
• Reception
• Luxury spa, gym, yoga studio & multi-use sports facilities
• Restaurant, tapas & cocktail bar
• Exclusive use indoor-outdoor pool

Price:
• 1st floor only - 2 x 1,116,000€

Amenities

• Bosch appliances & matte units
• Porcelanosa tiles and bathroom ware
• Frameless glass balustrades on terrace
• Floor to ceiling glass patio doors
• Underfloor heating in bathrooms
• Fitted wardrobes
• Security entrance door
• Solar control double glazing, with electric shutters
• Hi-spec heating and cooling system
• Hi-spec ventilation system
• Pre-installation for security system
• Recessed lighting
• Fibre speed internet

Location

• Distance to sea: 960m
• Distance to nearest beach: 1.4km, Praia dos Caneiros
• Distance to golf: 2.4km, Gramacho
• Distance to nearest town 2km, Carvoeiro
• Distance to Faro airport: 65.5km (A22)
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