AlmaVerde,
Western Algarve, Portugal.
Under the direction of an award-winning and environmental architect the Elixir Group is creating a unique new development – AlmaVerde Village & Spa.
The village offers a full range of amenities that serve both as a residential community and as a vacation destination. It comprises plots for 130 individual villas with pools, 28 townhouses and 30 apartments.
The 36 hectare site, in the heart of the Western Algarve, enjoys an elevated position with sweeping views over the surrounding countryside - only a maximum of 10% of the total area of the site designated for building. The remainder will be streets and paths, gardens, sports and recreational areas, and parkland.
Already rental yields are very good at AlmaVerde and the completion of the ‘Spa and Wellness Centre’ over the coming years will add significantly to rental demand and yield and improve the capital growth potential of the resort.
Headline Investor benefits are as follows:
- Award-winning ‘landmark’ resort attracting widespread media and investor attention.
- Exclusive discounts on current (bank validated) prices.
- Prime region to benefit from strong future capital growth.
- Stunning villa designs and top quality build quality.
- Award winning ‘cool house’ system.
- Strong buyer demand - sales now significantly ahead of construction (75%+).
- Central Spa and leisure complex including swimming pool, sauna, Turkish bath, tennis courts, gym, café, bar, reception and shop will drive significant capital growth and rental yield. Planning agreed and construction due to start 2008.
- Innovative purchase structure either in an SPV company or as an individual.
- Strong rental profiles with potential for buy-to-let, holiday rental and personal usage.
- A full pre and after sales service including set-up, letting and management and, ultimately, disposal.
AlmaVerde Spa Resort Investment