About the Property

Nestled in the charming village of Praia da Luz, Algarve, the new Martinhal Residences offer an exceptional opportunity for those seeking luxury coastal living. These contemporary 2-bedroom apartments are designed with elegance and comfort in mind, featuring high-quality finishes and beautifully crafted kitchens that cater to modern lifestyles.

As a new build, these residences promise a fresh and inviting atmosphere, perfect for both personal enjoyment and investment. The apartments boast access to premium amenities, including inviting outdoor pools and dedicated concierge services, ensuring a lifestyle of convenience and leisure.

For investors, the unique Leaseback scheme presents an attractive proposition. This scheme guarantees a fixed net rental income of 4% of the property purchase price for the first six years, providing a reliable return on investment. During this period, the hotel operator manages all aspects of the property, including furniture, insurance, utilities, and maintenance, allowing owners to enjoy a hassle-free experience. Additionally, owners can relish the opportunity to use their property for two weeks during the high season and up to eight weeks in the low season, making it a perfect getaway.

With prices ranging from €595,000 to €648,000, depending on the size and features of the apartments, there is a selection of options to suit various preferences. The gross construction areas range from 78.02 m² to 100.95 m², inclusive of balconies and terraces, providing ample space for relaxation and enjoyment.

In summary, the Martinhal Residences in Praia da Luz represent a remarkable blend of luxury, comfort, and investment potential, making them an ideal choice for discerning buyers and investors alike.

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