Fantastic opportunity to acquire for a relatively smaller investment, a 1/4 UNDIVIDED PART i.e. (the use of 13 WEEKS / 3 MONTHS PER YEAR) of a spacious refurbished 2 bedroom apartment, located in a 5 star resort & Spa in Carvoeiro, Algarve, which you can enjoy during all times of the year in rotating weeks.
For sale A FOURTH PART (1/4) UNDIVIDED (13 WEEKS / 3 MONTHS OF USE PER YEAR) of a space equipped and furnished apartment with 122m2 with a good size balcony, consisting of 1+1 double bedrooms with built-in wardrobes, 2 bathrooms (1 of them en-suite), spacious living and dining room with fireplace, fully furnished and equipped kitchen.
The living room leads to a large balcony, and the master bedroom leads to a smaller balcony, both enjoy unobstructed views over the landscaped garden and pool. The perfect place to enjoy your meals al fresco or simply to relax with family and friends, in the privacy of your terrace.
This property is located in Vale d'Oliveiras Quinta Resort & Spa, an elegant 5-star resort, conveniently located between the 2 well-known villages of the Algarve for its typical and picturesque style, the village of Carvoeiro and Ferragudo with its beautiful beaches and all the local amenities. Being just a few minutes (maximum 5 to 10 minutes) from some of the best beaches and golf courses in the Algarve and Europe and only 40 minutes drive from Faro international airport.
This apartment is sold fully equipped with Wi-Fi, central air conditioning system, double-glazed windows and aluminum shutters, and high ceilings that give great spaciousness to the space.
The owners have access to all the facilities of the resort, landscaped gardens, indoor and outdoor swimming pool with adjacent children's pool, the outdoor playground, two tennis courts and football and basketball court, gym, plus reception service, restaurant of Portuguese and Mediterranean cuisine, bars, and ample parking.
The PERIOD to which this 1/4 UNDIVIDED PART relates is A, which corresponds to the following 13 WEEKS / 3 MONTHS OF USE PER YEAR):
In 2024/2028/2032: 07 January 31 January / 01 May 31 May / 01 August 15 August / 16 December 06 January
In 2025/2029 /2033: 16 March 30 April / 16 July 31 July / 01 October 31
In 2026/2030 /2034: 01 June 15 July / 01 November 15 December
In 2027 / 2031/ 2035: 01 February - 15 March / 16 August 30 September
(Note: the dates rotate over the years)
ATTENTION: there is the possibility of acquiring the 4 undivided periods, that is, the property as a whole (with the use during the 365 days/12 months), or 2 periods (1/2 undivided part of the property - with usufruct of 26 weeks/6 months per year)
The annual condominium / service fee covers resort management, maintenance of common areas, reception services, and security and payment of basic property services such as water, electricity, internet, and wall insurance (excludes IMI and contents insurance)
Vale d'Oliveiras Quinta Resort & Spa, nestled in the verdant valley of ancient olive trees, and surrounded by 20 hectares of landscaped gardens, is an excellent low-density resort, designed to provide an elegant, independent and tranquil environment that features 80 apartments/villas, 22 rooms, 2 suites, reception, restaurant, two bars, plus a wide variety of leisure facilities. The entire resort has been built to the highest standards in Mediterranean style and to complement the natural beauty of its location. The villas are surrounded by an immense garden with several leisure areas, fountains and other traditional architectural features among which we have the walkways that run through the gardens and that connect each villa to the heart of the development (reception, restaurant, swimming pool and other entertainment areas).
The resort features a mix of owner-occupied vacation rental and/or resort-managed rentals.
It is a destination to enjoy all year round, ideal for family holidays, golf breaks and group trips. A diverse lifestyle awaits you in Vale d'Oliveiras.
WHAT IS THE PURCHASE OF AN UNDIVIDED FOURTH SHARE - better known as "Quarter-share" - (Not Time share)
This type of property should not be confused with Timeshare, although the two types of properties have some common factors.
In other words, 1/4 undivided share (Quarter-share) means that the property registration is legally divided into 4 parts, and therefore this same property can be acquired by 4 buyers or more whether they are known or unknown, or a single buyer can also buy the 4 parts in full.
At the time of purchase each owner formally agrees to use and occupy the property in accordance with a co-owners agreement/contract, (which is attached to the definitive deed). The agreements are already defined, usually by the resorts that use them successfully. These agreements are carefully drafted in such a way that each co-owner can enjoy equal shares and at different times of the year and at the same time provide the co-owners with an identical income (if this property is for investment). The periods (A, B, C, D) established in the contract are rotated annually so that all owners enjoy the property in question during all months and times of the year and at the end of the 4 years return to the same period.
As for the costs of the property, these are also divided into 4 parts all the eminent expenses with the property like; municipal contribution (IMI), condominium, security, guarantee fund (usually used for painting work) are divided in the same way as consumption expenses such as water, electricity these are according to the individual use of each co-owner per period.
The title deed of this type of property can be in your own name or through a company/company. Each has its advantages and disadvantages.
Contact us to visit this villa and enjoy all that this 5-star resort offers. Virtual visits are also available by video call.
For sale A FOURTH PART (1/4) UNDIVIDED (13 WEEKS / 3 MONTHS OF USE PER YEAR) of a space equipped and furnished apartment with 122m2 with a good size balcony, consisting of 1+1 double bedrooms with built-in wardrobes, 2 bathrooms (1 of them en-suite), spacious living and dining room with fireplace, fully furnished and equipped kitchen.
The living room leads to a large balcony, and the master bedroom leads to a smaller balcony, both enjoy unobstructed views over the landscaped garden and pool. The perfect place to enjoy your meals al fresco or simply to relax with family and friends, in the privacy of your terrace.
This property is located in Vale d'Oliveiras Quinta Resort & Spa, an elegant 5-star resort, conveniently located between the 2 well-known villages of the Algarve for its typical and picturesque style, the village of Carvoeiro and Ferragudo with its beautiful beaches and all the local amenities. Being just a few minutes (maximum 5 to 10 minutes) from some of the best beaches and golf courses in the Algarve and Europe and only 40 minutes drive from Faro international airport.
This apartment is sold fully equipped with Wi-Fi, central air conditioning system, double-glazed windows and aluminum shutters, and high ceilings that give great spaciousness to the space.
The owners have access to all the facilities of the resort, landscaped gardens, indoor and outdoor swimming pool with adjacent children's pool, the outdoor playground, two tennis courts and football and basketball court, gym, plus reception service, restaurant of Portuguese and Mediterranean cuisine, bars, and ample parking.
The PERIOD to which this 1/4 UNDIVIDED PART relates is A, which corresponds to the following 13 WEEKS / 3 MONTHS OF USE PER YEAR):
In 2024/2028/2032: 07 January 31 January / 01 May 31 May / 01 August 15 August / 16 December 06 January
In 2025/2029 /2033: 16 March 30 April / 16 July 31 July / 01 October 31
In 2026/2030 /2034: 01 June 15 July / 01 November 15 December
In 2027 / 2031/ 2035: 01 February - 15 March / 16 August 30 September
(Note: the dates rotate over the years)
ATTENTION: there is the possibility of acquiring the 4 undivided periods, that is, the property as a whole (with the use during the 365 days/12 months), or 2 periods (1/2 undivided part of the property - with usufruct of 26 weeks/6 months per year)
The annual condominium / service fee covers resort management, maintenance of common areas, reception services, and security and payment of basic property services such as water, electricity, internet, and wall insurance (excludes IMI and contents insurance)
Vale d'Oliveiras Quinta Resort & Spa, nestled in the verdant valley of ancient olive trees, and surrounded by 20 hectares of landscaped gardens, is an excellent low-density resort, designed to provide an elegant, independent and tranquil environment that features 80 apartments/villas, 22 rooms, 2 suites, reception, restaurant, two bars, plus a wide variety of leisure facilities. The entire resort has been built to the highest standards in Mediterranean style and to complement the natural beauty of its location. The villas are surrounded by an immense garden with several leisure areas, fountains and other traditional architectural features among which we have the walkways that run through the gardens and that connect each villa to the heart of the development (reception, restaurant, swimming pool and other entertainment areas).
The resort features a mix of owner-occupied vacation rental and/or resort-managed rentals.
It is a destination to enjoy all year round, ideal for family holidays, golf breaks and group trips. A diverse lifestyle awaits you in Vale d'Oliveiras.
WHAT IS THE PURCHASE OF AN UNDIVIDED FOURTH SHARE - better known as "Quarter-share" - (Not Time share)
This type of property should not be confused with Timeshare, although the two types of properties have some common factors.
In other words, 1/4 undivided share (Quarter-share) means that the property registration is legally divided into 4 parts, and therefore this same property can be acquired by 4 buyers or more whether they are known or unknown, or a single buyer can also buy the 4 parts in full.
At the time of purchase each owner formally agrees to use and occupy the property in accordance with a co-owners agreement/contract, (which is attached to the definitive deed). The agreements are already defined, usually by the resorts that use them successfully. These agreements are carefully drafted in such a way that each co-owner can enjoy equal shares and at different times of the year and at the same time provide the co-owners with an identical income (if this property is for investment). The periods (A, B, C, D) established in the contract are rotated annually so that all owners enjoy the property in question during all months and times of the year and at the end of the 4 years return to the same period.
As for the costs of the property, these are also divided into 4 parts all the eminent expenses with the property like; municipal contribution (IMI), condominium, security, guarantee fund (usually used for painting work) are divided in the same way as consumption expenses such as water, electricity these are according to the individual use of each co-owner per period.
The title deed of this type of property can be in your own name or through a company/company. Each has its advantages and disadvantages.
Contact us to visit this villa and enjoy all that this 5-star resort offers. Virtual visits are also available by video call.
