Villa Reference: Palm T2

Price: from €205,000

Location: Carvoeiro

Quarter Shares available from €48,000 (see below for more details)

Description

The Pestana Palm Gardens comprises 78 townhouses, most of which were fully refurbished in 2003, all have 2 bedrooms, most have a sea view and all are equipped with roomy kitchens and wide sliding doors onto the garden. All are equipped with air conditioning, individual heating control, bathrooms with bath tub and hair dryer, telephone, safe deposit box (extra) and satellite TV, washing machine, electric stove, microwave and kitchen fully equipped for 6 persons.

As with all Pestana resorts, owners enjoy many great benefits from the other Pestana resorts along the Algarve, particularly the Pestana golf resort in Carvoeiro with the championship courses of Vale da Pinta and Gramacho. Owners of property at Palm Gardens get the option of purchasing a golf membership, currently priced at €1,970 for the year, which allows them UNLIMITED play at the two courses, but even without this membership property owners benefit from 40% discount on standard green fees.

Quarter Share Schemes

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:

Aug

Sept

Oct

Nov

Dec

A

B