The Formosa Park Resort apartments will be modern and luxurious residential units, with large interior and exterior spaces. The breathtaking natural environment blends in with the elegance of contemporary architecture and decoration to attain the perfect equilibrium of design, comfort, and respect for the surrounding nature. These magnificent apartments are literally on top of the ocean and within walking distance of one of Algarve´s best beaches, Ancão beach.
The development comprises 61 luxury apartments, of one or two bedrooms (T1 or T2), with areas ranging from 67 sqm to 165 sqm. Many of the apartments have a superb view of the ocean and others over the soothing view of mature pine trees and gardens.
The works began at the end of 2018 in order to have everything functioning in the summer of 2019.
A bank guarantee can be issued for the renovation works if required.
Your return on investment in Formosa Park Apartments is guaranteed with a minimum annual return of 5% of the sale price in the first three years, with the right to use your apartment for up to 15 days a year*.
An apartment in Formosa Park is the ideal investment for obtaining a residence visa in the Schengen area(Golden Visa) as a holiday home prime location real estate investment.
Formosa Park Apartments will be totally renovated, furnished and equipped to a high standard.
* If used between 15th of June to 15th of September, ROI might be adjusted.