Ref: PD05. Luxury apartments and villas with astounding ocean views. OCEAN VILLE

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Claribel Peters
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1 Luxury apartments and villas with astounding ocean views. OCEAN VILLE

Why Albufeira Why the Algarve Portugal is our longest serving ally and there is no doubt that this is reflected in the warmth of welcome given by the Portuguese to those deciding to make a home and

At the most Southern part of the country, the Algarve was the last region to be retaken from the Moors in the 13th Century.

Now the Algarve is full of contrasts, quaint villages living comfortably in the past sit comfortably alongside magnificent championship golf course and luxury developments.

2 Why Albufeira Why the Algarve Portugal is our longest serving ally and there is no doubt that this is reflected in the warmth of welcome given by the Portuguese to those deciding to make a home and invest in this beautiful country. The Algarve has now become the favourite area of investment for the British and Irish, with over 50,000 homes being owned by Northern Europeans. At the most Southern part of the country, the Algarve was the last region to be retaken from the Moors in the 13th Century. Evidence of this is illustrated in the unique architecture, terraces, chimneys and whitewashed houses. Now the Algarve is full of contrasts, quaint villages living comfortably in the past sit comfortably alongside magnificent championship golf course and luxury developments. The hills of Espinhacao de Cao shelter the coast from strong winds helping to create the perfect climate delivering over 3000 hours of sunshine a year from a pleasant 30 degrees in August to a comfortable 16 degrees in the winter, perfect for all year golf! The coastline benefits from long stretches of golden sandy beaches punctuated with rugged cliffs and beautiful grottos. Apart from the wealth of water sports facilities there are luxury marinas, ports and harbours all within easy reach of coastal residents. The Algarve is famous for its golf, it probably has more famous championship courses in the region than anywhere else in the world! Owning a property in the Algarve has become an excellent proposition,and has been voted within the top three property investment areas in Europe in the past two years by the popular Place in the Sun TV programme of Channel 4. Only two and a half hours away from the UK and Ireland served by numerous airlines including the top, low cost operators, the Algarve is within easy reach. Flights being to Faro at the heart of the coast, no resort being a long drive away. The cost of living is low yet the standard is high, the cuisine being amongst the finest and most healthy in Europe. The EU has made a significant difference to the area, in the past years the infrastructure has shown tremendous improvement. Properties are very well constructed and consistently show good capital growth. Developers are now well experienced in creating products to suit the English and Irish markets, so you can be sure that there will be a property to suit you. The facilities and popularity of the coast make it an excellent opportunity to create rental income. First and foremost, Albufeira is famed for its beaches, for the countless shades and tones of its rocks and cliffs. This is a place where people live to the rhythm of the great holiday destinations, sunbathing during the day and at sunset flocking to enjoy the restaurants, bars and discos that enliven the night-time hours. Just a few miles inland and everything changes. The green of the countryside is dotted with almond, fig, orange and pine trees and decorated chimneys stand out against the ochre of tiled roofs. Golfers will always be attracted to the area and families enjoy a perfect stay.

facilities development Luxury Apartments and Detatched Villas On the best slope of Albufeira, a unique location with: An astounding ocean view Nearby

swimming-pools tennis court air-conditioning in all apartments and villas two hotels & one apart-hotel Shops Snack bar & Restaurant by main Aparthotel pool

Lote 1 and Lote 3 will have complete kid s playground.

as spa, pools, gymnasium, restaurants, beauty centre etc.

Each group of residential buildings and hotels has its own private reception, and all of them belong to a gated condominium.

3 facilities development Luxury Apartments and Detatched Villas On the best slope of Albufeira, a unique location with: An astounding ocean view Nearby beaches & the new marina 22 hectares of land with a low building construction index, allowing for vast green areas & leisure facilities large swimming-pools tennis court air-conditioning in all apartments and villas two hotels & one apart-hotel Shops Snack bar & Restaurant by main Aparthotel pool Laundry either in lote 2 or lote 3 to be defined. Pools in lote 1 ; 2 ; 3 to have showers & change rooms Lote 1 will have a multi purpose sports court. Lote 1 and Lote 3 will have complete kid s playground. Completion End of 2007 The owner of an apartment can have access to hotel facilities integrated in the resort, and also to all the available services such as spa, pools, gymnasium, restaurants, beauty centre etc. Security The security system will guarantee that you enjoy peace of mind whether you are present or absent from the resort. Each group of residential buildings and hotels has its own private reception, and all of them belong to a gated condominium. 6 gated condominium each one with private reception 185 two bedroom & 2 bed duplex apartments from m2 to m2. 98 one bedroom apartments from 53.90m2 to 63.60m2 13 detached villas with 4 bedrooms (474.00m2) & private swimming pool Shops on ground floor of Lote 2 is envisaged to have the following: Snack bar/cake shop Supermarket Newspaper/Tobacco shop Possible doctors offices Beauty centre Health Centre (Gym, spa equipment etc.)

4 Site Plan Faro

5 1 bedroom Apartment Prices from: 161,957 / 239,500

6 2 bedroom Apartment Prices from: 151, / 225,373

7 Villa Ground Floor First Floor Second Floor Prices from: TBC

8 building specifications Payment Plan When you have decided on the property you wish to purchase, it will be necessary to make a deposit of 6600 inc. 50% legal admin fee. You should have this available by credit card or cash (Euros). This deposit will reserve the property for you and will have it removed from the market. This deposit is non refundable and forms part of your deposit for your private purchase agreement, which is due 15 days later. This is an example of a typical development s payment plan: 6600 inc. 50% legal admin fee 30% first payment on Private Purchase Agreement (less deposit) 70% on completion Payment EXAMPLE Purchase price 239,500 Euros 30% on PPC minus deposit 25,850 Euros 70% on completion 167,650 Euros One and two bedroom apartments Large brick pavements Kitchens equipped with household appliances Jacuzzi bath tubs Pre-installation of air conditioning Aluminium window sashes and double glasses Parking lots in the basement Four bedroom villas (1st floor, 2nd floor and terrace) Large brick and wooden pavements Kitchens equipped with household appliances Jacuzzi bath tubs Air conditioning Fireplace Aluminium window sashes and double glazing Domotics installation Parking lots in the basement

9 Ref: PD05 HOW TO BUY When you have decided on the property you wish to purchase, it will be necessary to make a deposit of 6600 inc. 50% legal admin fee. You should have this available by credit card or cash (Euros). This deposit will reserve the property for you and will have it removed from the market. This deposit forms part of your deposit for your private purchase agreement, which is due 15 days later. Immediately after your return home you will be contacted by our legal advisory service. They will offer to appoint an English speaking lawyer for you and act as an interface between you and your lawyer, throughout your purchase they will ensure that you are kept fully aware of when all payments are due and help you with any questions concerning your purchase. You will also be contacted by HIFX our recommended currency exchange organisation. They will demonstrate to you how you will be able to save considerably on your currency payments overseas. Finally our team The Diamond Experience will contact you to introduce themselves and be on hand to help you with questions relating to your property during and after your purchase. *Should you require a mortgage for your purchase or to make multiple purchases we will be pleased to advise you. Tax issues should be discussed with your own tax advisor. HOW TO VIEW We recommend that you join us on an inspection tour. Our client services team will be pleased to book your flights and hotel on your behalf. The tours are kept to the best value. We will advise you of this when you are considering a trip. Inspection Trip itinerary Day 1: You will fly to Faro, Portugal. You will be met at the airport by our English team who will take you to your 4 star hotel. You will be given time to settle into your hotel and relax. Day 2: You will be taken on a casual tour to acquaint yourself with the region. You will then be taken on a tour of property opportunities. In the evening you will be able to enjoy the unique hospitality of the area. Day 3: There will be ample time for you to view all of the potential properties and decide which suits you best. The decision is yours, our teams are firmly instructed that you must not be put under any sales pressure. During your tour you will be given full information on the legal aspects of your purchase. This is a simple process. In the evening you will be able to celebrate your new home, Portuguese style! Day 4: You will be taken to the airport to take your flight home. The visit will last 4 days and 3 nights. We can promise you a fascinating, most enjoyable tour.

Ref: PD05 THE DIAMOND EXPERIENCE The better way to buy your overseas property When you buy from The Diamond Experience you have the full services of the UK and Ireland s leading client support

When you have decided that the capital appreciation of your purchase has fulfilled your requirements, The Diamond Experience can offer you a complete set of exit strategies: Your property receives

10 Ref: PD05 THE DIAMOND EXPERIENCE The better way to buy your overseas property When you buy from The Diamond Experience you have the full services of the UK and Ireland s leading client support service right behind you! Whatever your reason for purchasing The Diamond Experience will ensure you receive total satisfaction from your property. BUYING TO SELL? When you have decided that the capital appreciation of your purchase has fulfilled your requirements, The Diamond Experience can offer you a complete set of exit strategies: Your property receives all the benefits of The Diamond Experience giving it added value over other non member properties. The Diamond Experience will provide numerous opportunities to sell: through our network of agents, exhibitions, features on web sites, promotions from our in resort offices selling to your required price. BUYING TO RENT? The Diamond Experience will ensure that your property is at its best for rental. We provide professionally selected furniture packs at best value for money. We can also provide a snagging service to ensure your property is completed satisfactorily. You will have the opportunity to purchase properties with BANK guaranteed rentals, and developers guaranteed rentals from The Diamond Experience portfolio. We will introduce you to the best rental management companies for your destination. Your property will be a head and shoulders above others for renting. You will be able to offer potential clients Car Hire, Airport parking, transfers AND substantial discounts in your resort in restaurants, bars, leisure facilities etc. with The Diamond Experience card provided. BUYING FOR LIFESTYLE? Your Diamond Experience card will give you the opportunity of making great savings in the resort of your property at many bars, restaurants, shops and leisure facilities. You will also have our Property Swap Shop at your disposal. Here, as a member you can swap your property with other members for holidays. For example if you own a property in Portugal you may like to swap it with a property in Cape Verde, the new Caribbean islands for a sun holiday. It s all available through The Diamond Experience member website. You also have a full legal advisory service at your disposal. Portugal LEGAL SERVICES Portugal Legal Services is an interface between overseas purchasers and lawyers. Their service ensures that correct procedures are followed to ensure a smooth property purchase in the Portuguese property market. They provide a fully independent legal advisory service utilising a panel of Portuguese Bar registered bi-lingual lawyers, all of whom specialise in property transactions. Your purchase will be tracked throughout the entire procedure and you will be advised when payments are due. The team is at your disposal to obtain the answers to any of your legal questions concerning you purchase. The advisors are available by freephone during office hours. NO OTHER GROUP OFFERS SUCH AN ALL EMBRACING PACKAGE OF BENEFITS TO OVERSEAS PROPERTY PURCHASERS

11 ref: PD05 CONtACt details Portugal - the algarve 4 Homes Abroad UK: INT: sales@4homesabroad.com Web:

Buy to Let, Buy to Live Algarve s latest turn-key investment resort

Buy to Let, Buy to Live Algarve s latest turn-key investment resort Quinta da Palmeira Properties is one of the leading real estate agents based in the desirable village of Carvoeiro, west of the Algarve.