Many overseas buyers are interested in investing in property in Portugal‘s Algarve region. With an increasing number of potential buyers from around the world, many are turning to Quarter Share property as a solution to their housing needs. A Quarter Share lets property owners enjoy their property during designated periods, with no need for housekeeping and property management. However, there are some considerations before deciding on a Quarter Share in Portugal. Listed below are some of the benefits of purchasing a Quarter Share in the Algarve.
The Four Owner Plan
The Four Owner Plan for Quarter Share Property Alderve is a unique investment opportunity that allows investors to own a holiday home in a suberb location with a golf course. Rather than having to spend large amounts of money on one property, investors can split ownership into four quarters. This allows them to rent their quarters out during the non-personal use periods, and sell their investment whenever they want.
The concept of fractional ownership is not new and originated in the US after the bad press surrounding time shares. This method of buying property is cheaper, easier, and more secure than owning the whole property freehold. Moreover, the property can be professionally managed and rented. The benefits of owning a property under this scheme are many, including professional management and maintenance. However, before investing in a quarter share property Algarve, make sure that it has a good reputation and is in a prime location.
The Gramacho course
The Gramacho course is a championship course in Carvoeiro in the western Algarve. Designed by Ron Fream and Nick Price, this course is short, undulating, and challenging. The course has hosted a Ladies Open of Portugal and has been hailed as a pleasant championship course. The course was carefully integrated into the natural relief, with stone walls and hundred-year-old trees sculpting the landscape.
The property is connected to a 24 hour on-site security service, is gated, and has a clubhouse. There are also tennis courts and a mini-market within the community. Nearby, the villages of Carvoeiro and Ferragudo offer great shopping, as well as other amenities. And if you’re a golf enthusiast, the nearby town of Sesmarias features supermarkets and restaurants.
Another golf-oriented resort is the Pestana Golf Resort, home to two 18-hole championship courses. Vale da Pinta opened in 1992 and is run by the same group that owns the Gramacho. The resort offers a range of real estate, including apartments, townhouses, and fractional ownership. The apartments are located on ground and first floors and are surrounded by communal pools and landscaped gardens.
The Penina golf course was designed in the 1960s and is a Championship course. It features water on almost half of its holes. The course is flat and offers long holes. It has undergone continuous upgrades to improve drainage. This course is one of the best courses in the Western Algarve. Its location, low density, and high-profile residents make it an ideal place to find a place to play golf.
In addition to golf, The Gramacho course is a popular tourist destination. It boasts over 300 days of sunshine annually and is known as one of the safest countries to play golf. Moreover, Algarve residents receive special treatment and are encouraged to play golf continuously. This is the perfect place for a vacation property, and you can enjoy the benefits of a villa in the Algarve.
The Gramacho Resort is close to Carvoeiro, which makes it an ideal place for families. It has a range of amenities that will keep families happy, including an 18-hole golf course, tennis courts, and spa/beauty salon. It also has a clubhouse with a bar and restaurant. Located on the golf course, it offers a beautiful view of the Algarve and has many great features, including an outdoor swimming pool.
The Pestana Group has won a Fractional Award for their efforts in sourcing properties for fractional ownership. Among the winners of this award, the company has received several awards for its efforts in the real estate industry. Among the most prestigious awards, the Fractional Life Award was presented to Pestana Group, a leading company in the Algarve. The award was presented during the Fractional Summit, an event attended by over 300 leading professionals.
The Pestana Golf Resort
The Pestana Golf Resort is a prime example of a fractional ownership scheme. It has been around for 12 years and was one of the first properties of this kind to be offered in the Algarve. It offers a sensible price tag and three excellent golf courses. It is a highly popular option for those looking for a holiday home or a permanent residence with a golf course. Pestana Golf & Resorts has a Four Owner Plan, which allows you to rotate ownership over the course of a quarter.
The Pestana Golf Resort is one of four developments by this resort company. It offers excellent value for money and boasts two 18-hole golf courses. The resort also owns a brand-new development called The Valley Nature Resort. The resort has an impressive 44-villa and 32-apartment development in the region. This is a fantastic opportunity for those looking for a second home in Portugal.
Nick West, a physics lecturer at Oxford University, recently bought a quarter-share property in the Vale da Pinta at the Pestana Golf Resort for PS57,000. He was inspired by friends who had bought in the same resort, as the mature landscaping and the location met his requirements. But he says he is keen to avoid confusion around the deal.
Another great opportunity to invest in a golf course is a quarter share in Vale do Lobo. This is one of the earliest tourist developments in the Algarve and featured an 18-hole course designed by Henry Cotton. The course was then reconfigured by Rocky Roquemore in the 1990s, adding additional holes to two new layouts. This is a great option for those looking for a golf retreat.
The Algarve is a great place for golf enthusiasts. The 27-hole course is a superb destination for golf enthusiasts. The resort is set in an idyllic valley, which combines a lush landscape with a renowned wine estate. There are several fine restaurants in the region, including Al Sud, which was founded in 2007.
Another popular Algarve property is The Pestana Golf Resort. This resort is a great place to invest in. The golf course is considered to be one of the best in Portugal by IAGTO. The real estate regimes here are very diverse and you can choose from several different investment schemes to suit your budget. Some of these resorts also have guaranteed returns for the first four years of the investment.