Property  Reference: Porches T2

Price: from €260,000

Location: Porches / Lagoa

Quarter Shares available from €69,000 (see below for more details)

Description

The Pestana Porches Praia apartments are situated on the coast between the village of Porches and Armacao de Pera, just 35 minutes from Faro airport. All apartments are south facing, have private parking and private access to the Praia da Senhora beach. Owners have access to the facilities at the nearby 4 star Pestana Viking Hotel and Resort, with its 3 restaurants, 4 bars, 2 swimming pools, gym, sauna and many other facilities.

Owners of property at the Pestana Porches Praia Resort get the option of purchasing a golf membership, currently priced at €1,970 for the year, which allows them UNLIMITED play at the two championship courses in Carvoeiro, the Vale da Pinta and Gramacho courses, but even without this membership property owners benefit from 40% discount on standard green fees.

Quarter Share Schemes from €69,000

The Quarter Share, or 'Four Owners Scheme' is a well proven scheme pioneered by Pestana, giving people the chance of owning a dream home in the Algarve without the major financial investment of owning a property outright. The scheme is very simple, with three other independent parties you own a luxury property at the complex, available to enjoy throughout the year on a rotating basis, with each quarter secured by individual title deeds. As an owner you can enjoy the property yourself, rent it out, or, of course, sell your investment at any time. The rotating system is as follows: