The Residences Victoria Golf Course..

The Residences, Victoria Golf, Vilamoura, Algarve, is effectively a 5 Star Luxury Hotel, yet all the apartments are freehold. Please study all the Resort information to fully appreciate the multitude of services, facilities, benefits and rights attached to freehold ownership at The Residences. This really is one of the best, if not the best luxury resort in the Algarve, an opportunity not to be missed.

Latest news!!! Reductions on all apartments - two bedroom apartments Massively reduced!!

Golf Discount - the owner of a 2 bedapartment has 4 x 50% Golf Entitlements, 3 bed owner has 6 x 50% Golf Entitlements, for 30 years.
No Golf Title to purchase, no Annual Subscription, you simply pay as you play. Your additional guests will receive the best local discounted price available.

Finance- BBVA Bank will finance up to 70% of the purchase price.

Future Prices - capital appreciation for this type of high quality property normally leads the market. Currently new build 2 bed apartments in Vale do Lobo & The Sheraton Pine Cliffs, nearby, start from 750,000 Euro.

The Portugal Masters -a new European PGA Tournament, was played at The Victoria, in October 2007, 2008 and 2009. It will return 14-17 October 2010. The European PGA love The Victoria Course, they recently voted it the best course in Portugal & we hosted The World Cup of Golf, here in November 2005.

Rental Scheme & Income: The Tivoli Hotels & Resorts Group run the condominium management plus the exclusive Rental Operation. With up to 50% discount on all 5 Vilamoura Championship golf courses, we can maximize the number of week's rental achievable throughout the year. The peak seasons for Golf are Feb-May and Oct-Nov; this fits in perfectly well with the peak summer beach season, to maximize occupation. Projected rental income for 2010 is approx T2 €8-10k & T3 €10-13k for the year depending upon the amount of usage the owner takes during the year.

The development is promoted by none other than Andre Jordan, Portugal's leading Property developer. His attention to quality and the long term investment value for his clients has turned both Quinta do Lago and Vilamoura into internationally successful resorts.

http://www.portugalproperty.com Ref: PP374

Property Features

* Apartment
* Swimming pool
* 2 bedrooms
* 2 bathrooms
* Air conditioning
* Heating
* Parking
* Underground parking
* Reception room
* Terrace/balcony
* Kids play area
* Gym
* BBQ
* Laundry room
* Spacious
* New development
* Exclusive property
* Luxury property
* Features great views
* Golf views
* Morning sun
* Evening sun
* Near bars/restaurants
* Near schools
* Near shops
* Near a golf course
* Near the beach