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What is the price of new luxury off-plan apartments in the Algarve?

Apartment in Ferragudo

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

The new luxury off-plan apartments in the Algarve are available for €1,116,000, offering exceptional value for buyers looking to invest in Ferragudo's thriving real estate market. These 3-bedroom apartments are part of a prestigious resort development that promises modern living with beautiful views. With a spacious living area of 121 m² and generous outdoor terrace space, these apartments are designed for the ultimate luxury experience. Located conveniently close to beaches, golf courses, and local amenities, you’ll enjoy a vibrant lifestyle in one of the Algarve's most sought-after locations. The project is characterised by high-spec features, including Bosch appliances and Porcelanosa finishes, ensuring top-tier quality and comfort. As construction is set to start soon and completion is anticipated by 2026, potential buyers have the opportunity to secure a desirable property in a rapidly appreciating area. This is ideal not only for personal use but also for those looking to enter the lucrative rental market. Don't miss this chance to invest in your future; reach out today for further details!

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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