Building for sale in Armação de Pêra, Portugal

This may be one of the finest and final opportunities to invest in a frontline residential property adjacent to one of the Algarves most extensive beaches.  Perfect beachfront location with the benefit of local Portuguese culture and cuisine in the village on the west side. Overlooking the beautiful tranquil river and nature reserve to the east and the protected marine bay to the south. There is ample opportunity for long walks along the 6 km golden sandy beaches, to the lakes where you will find Flamingoes, and many species of birdlife, running along the boardwalk to Galé, cycling along coastal tracks, swimming, boating and water sports in the bay, and for those who enjoy diving and snorkelling the natural reefs should be explored.  Armação de Pêra is home to one of the Algarves few seaside promenades, yet still supports a thriving fishing industry and local population coexisting beautifully with international visitors enjoying its cosmopolitan atmosphere and a wide variety of amenities as well as a wide selection of local fish and seafood beach restaurants to Michelin starred world-class restaurants.  Over the last few years, the City Council combined forces with the Municipality of Silves and several marine associations to establish the first Marine Protected Area of community interest in the Bay of Armação de Pêra. This is the largest coastal rocky reef in Portugal and has some of the greatest marine biodiversity and productivity of the Algarve coast. As its of special scientific interest, it is now a protected marine ecosystem, ensuring its sustainability and protection from development and other human-made activities.  This landmark development has been sensitively designed to meet exacting BREEAM standards, combining energy efficiency with unique standards of finish and construction quality.  With 256 apartments distributed across six buildings with 30, independent entrances with lifts, this low-density development will benefit from stunning natural landscaped gardens, swimming pools, and a fully specified gymnasium and spa - all within moments walk to the beach, lagoon and the long-distance boardwalk linking the bird reserve at Salgados. Most apartments have ocean views and many with breathtaking sea aspects from principal rooms.\ Unlike many similar developments, this condominium will benefit from being classed as residential, therefore making this a very desirable permanent address, as well as benefitting from the free option to rent out oneself subject to obtaining the respective AL rental license.  Owners will benefit from superb communal facilities, 24x7 concierge services, and parking. There will also be a property management service for those looking to receive income from their investment and we believe each of these residences may provide a very lucrative long-term return on investment. This is a turnkey development of luxury apartments at the heart of a regeneration area - both at sea and on land. Every detail has been considered - in design, construction, and finish, to make this the perfect lifestyle choice for many fortunate investors. Armação de Pêra is home to one of the Algarves few seaside promenades, yet still supports a thriving fishing industry and local population coexisting beautifully with international visitors enjoying its cosmopolitan atmosphere and a wide variety of amenities as well as a wide selection of local fish beach restaurants to Michelin starred world-class restaurants. Over the last few years, the City Council combined forces with the Municipality of Silves and several marine associations to establish the first Marine Protected Area of community interest in the Bay of Armação de Pêra. This is the largest coastal rocky reef in Portugal and has some of the greatest marine biodiversity and productivity of the Algarve coast. As its of special scientific interest, it is now a protected marine ecosystem, ensuring its sustainability and protection from development and other manmade activities.