UNIT 9 - T1A
The Nomad Bay property is located just minutes from Carvoeiro, one of the most desirable locations in the Algarve. Carvoeiro is a charming and traditional resort town in the Western Algarve, best known for its whitewashed houses and breathtaking beaches. Surrounded by the cliffs, Carvoeiro offers a vibrant and tranquil atmosphere. As you walk through the narrow cobblestone streets of Carvoeiro, you will find a wide selection of excellent restaurants and bars, where you can admire the beautiful views of the sea. As Carvoeiro is close to the Atlantic, you can travel by boat to many destinations, such as the famous Benagil cave, up the Arade River to the castle town of Silves or Praia da Rocha in vibrant Portimão.
The Nomad Bay property is located just a few minutes from the center of Carvoeiro, on a hill that offers stunning views of the sea. From the property, you are within walking distance of several beautiful beaches, such as Praia do Carvalho or Praia do Vale de Centeanes, as well as many golf courses, such as the Vale de Milho golf.
Given the excellent location of this property and its proximity to a wide arrow of tourist attractions, this property is sold as an investment property. The project was structured as a hotel chain and is being managed as such, that is, Nomad Bay will take care of all the property management and rental of the apartments for a complete turnkey solution. Inventors are free to occupy their apartment seasonally or year-round, but when the property is not occupied by its owners, the property will generate revenue through rentals. This project also qualifies for the reduced Golden visa of EUR 400,000.
The Nomad Bay property will be a luxury holiday resort consisting of 4 two-story buildings and 74 apartments, with 1 to 3 bedrooms. Prices for T1 units start at 450,000 euros. The asking price of the T2 units starts at €550,000. All apartments will have floor-to-ceiling windows, creating a bright and comfortable environment. All units include a large outdoor space and many units have ocean views. All kitchens will be fully equipped with high-end appliances such as Smeg or Bosh and will include a dishwasher, washing machine, fridge, cooktop hood, oven and coffee machine. All units will have wooden flooring throughout the floor. Property amenities include a swimming pool, gym, spa, restaurant and bar.
This 1 bedroom unit (72.20m2) has a large open space of 27.50m2 that consists of a living room and a kitchen. The room is 13m2. The bathroom is fitted with a shower. The unit has a large garden of 30m2 that can be accessed from both the living room and the bedroom.
Construction of the resort is already underway and is expected to open in the second quarter of 2024. Energy certification: B
For more information, email me at emilie.snow@iadportugal.pt or whatsapp +351 912 222 159
#ref: 93907
1 bedroom apartment in Lagoa e Carvoeiro of 72.00 sq m
Carvoeiro
Condo/Apartment • 2 room(s) • 1 bed. • 1 bath. • 775 sq ft (72 m²) • ref: 93907
$467,023
Spaces
Rooms2
Bedrooms1
Bathrooms1
Surfaces
Living area775 sq ft (72 m²)
Land1098 sq ft (102 m²)
Amenities extracted by AI.
24/7 concierge
Dishwasher
Carvoeiro
The agent has not provided the exact address for this property. You can request it here.
Views and orientation extracted by AI.
Clear view on sea
Garden view
TypeCondo/Apartment
Construction year2024
Energy efficiency rating
B