Always wanted to live among a vineyard? Enjoying a good glass of wine on your own terrace? Or are you seeking to escape from everyday life? This is a great opportunity for you then! This unique development near the well-known village of Carvoeiro has just been released for sale. Construction has already started and will be completed within a few months. The project consists of 32 modern bungalow suites with a bedroom, luxury bathroom, living room with a luxurious open plan kitchen and two terraces. It really is a unique setting in the middle of the vineyard and the homes have a luxurious, modern feel. A communal swimming pool with a bar/restaurant is also built and all facilities and workshops of the vineyard are also accessible.

This turn-key project is the true combination of a holiday home and an investment project.

Located on the estate itself and surrounded by picturesque vine-covered hills, these suites offer unparalleled peace and tranquility. Located on the outskirts of Carvoeiro, a selection of local restaurants, services, and beaches are just a short drive away. Ferragudo and Portimao are as well on a short drive away. Faro airport is 45 minutes and various award-winning golf resorts are within 5 minutes drive.

There are 2 types of bungalows: suites and villa suites. The first row, the villa suites, are in front of the vineyards and have great views. Most of them are south or south-east facing. This type (first row) have a size of 52 m².

Each bungalow suite has two private terraces, one in front and one at the side with a pergola for great outside dining. The living room is very bright and has an open plan luxury kitchen. Further there is a bedroom and bathroom with shower, toilet, bidet, and sink.

The other type is located on the second and third-row and these the same layout and a total size of 42 m².

All suites are built with high-quality materials and the finishing is very nice in a modern style.

You can choose to have the suite as your private holiday home, to rent out or to combine the both. There is a rental company that can do all the tasks related to the rentals for you. If you choose to rent out for investment you will get a return on investment of 3% for the first four years.

This great holiday home is located in the middle of the vineyard, and the family owned vineyard offers the opportunity to even buy your own part of the vineyard and produce your own wine! There are also wine tastings and workshops, art and many more activities on this unique estate.

The monthly costs start at € 159,- and include fees as water, electricity, maintenance of the pool and garden, internet, insurance and more.

PROPERTY SPECIFICATIONS:

•Electrical underfloor heating

•Air conditioning (Daikin)

•High-end kitchens (Santos & Silestone)

•Double glazed windows and doors

•Solar powered hot water production

•Bathrooms with walk-in shower

•Natural marble floors in all internal areas

•Natural marble floors on the external terrace

•Private terrace

•Private garden area adjacent to terrace with a pergola

•Furniture package Mandatory € 10.570 + VAT for the suites and € 12.195 + VAT for the villa suites.

ON-SITE FACILITIES:

•Sun deck and two pools, one of which is heated all year

•Additional storage facilities on request

•Restaurant and bar

•Gymnasium

•Tennis court

•Paddle-tennis court

•Mini-golf / Putting Green

•Animal park

Facilities:

Sports & Tennis, Mini Golf, animal farm, restaurant, vineyard, atelier, gardens with art, and more.

If you are one of the owners of the houses you always receive a 20% discount on wine, art but also on the winetastings and workshops. The same discount of 20% you will get on the fees of Golf Vale do Milho, Carvoeiro Club Tennis, and the gym at Carvoeiro Club.

Make your appointment to view this special project in the vineyard!