Set in unspoiled and beautiful Carrapateira and eligible for the acclaimed Portuguese Golden Visa programme, these apartments are the ultimate rustic retreat for those who want to reconnect with nature.
Thanks to their desirable location, these apartments are also an attractive investment opportunity and are set to perform well on the lucrative short-term rental market.
A world away from the bustling beach towns of the Algarve coast, authentic Carrapateira is part of the Costa Vicentina, a sprawling natural park of nearly 900 km² and home to a diverse array of flora and fauna.
A hidden gem around 80 minutes’ drive from Faro Airport, Carrapateira is a laidback coastal village with authentic white-washed buildings and the beautiful Bordeira beach is 15 minutes' walk away. Amado beach is seven minutes away by car too.
Whilst this charming village has less than 200 inhabitants, a good selection of amenities can be found near the apartments, including restaurants, shops and two surf schools.
Complementing the local architecture, this intimate collection of eight brand-new apartments will have a white facade, a tiled sloping roof and a striking Moorish-style archway with vibrant blue tiles. Inside, the apartments will feature open-plan living and dining areas with fitted kitchens and large windows that offer breathtaking views over the village and the ocean beyond. Creating a calming atmosphere for unwinding with friends and family, the apartments will feature a light colour scheme with soft green tones.
One of the highlights of these apartments is that all of the properties have a private patio and a terrace equipped with a heated plunge pool.
The development has a co-working space which is great for digital nomads who plan on living here on a permanent or semi-permanent basis. All of the apartments come with a storage room - perfect for storing surfboards or bicycles - and underground parking spaces with charging points for electric cars are available too.
First and foremost, these apartments are a fantastic lifestyle investment for those seeking a home away from home or a permanent residence in a rustic coastal resort with a laidback atmosphere. What’s more, thanks to their superb location in a beautiful destination with great surfing, cycling and hiking opportunities, they are also set to perform well on the short-term rental market with estimated net rental yields of 4.12%. If this is something of interest, there is a hassle-free property management service available that can manage the marketing, rental and maintenance of your property.
Though the Portuguese Golden Visa investment requirements changed earlier this year, these apartments are all eligible for the programme. This means that investors and immediate family members can apply for the Portuguese residency and get on the path to full Portuguese (EU) citizenship.
“A hidden gem, Carrapateira is quite different from other parts of the Algarve thanks to its wild beauty and majestic landscape. These apartments are an exciting opportunity to own a slice of this paradise. ”
Carlota Pelikan, Destination Adviser for Portugal
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Lisbon Rental & Resale Manager