Category: Finance, Real Estate.
Villas Quinta do Lago- Quinta do Lago is an exclusive resort in Algarve Portugal. Quinta do Lago began life in 1970 as a 550 hectare area marked for development on Portugal's Algarve coast.
Covering 2, it is bordered, 000 acres by the Atlantic Ocean and the Ria Formosa nature reserve. Today, property values reflect the overwhelming success of the resort. Housing density is low in Quinta do Lago as environmental legislation allows only 8% of the area to be developed. Back in the 70�s a 3 bedroom property in Quinta do Lago would cost around �200, today the same, 000 property carries a price tag of nearer �4, 00 It is, 500 easy to see why Quinta do Lago is favoured by property investors. Three to five bedroom luxury villas with pool and garden are the norm and there are only a limited number of building plots available in Quinta do Lago at any one time. There was a slight stagnation of prices during the off shore legislation brought in by the Portuguese government in 2002, Quinta do Lago, however property prices quickly returned to a continuous steady rise once the effects of this shift in government policy had been absorbed. These fetch, up to �5000, on average/ m Real Estate in Quinta do Lago has experienced continual appreciation, in fact Quinta do Lago is one of the few investment havens where a general European recession has never taken effect.
Villas in Quinta do Lago fetch some of the highest prices assigned to any property in the Algarve with prices starting from �450, 000 and reaching in to the multi million euro bracket. The Quinta do Lago resort regularly plays host to the Portuguese Open Golf Championship and all courses have first class driving ranges, putting greens and, golf academys clubhouses. Quinta do Lago is famous for its golf and has 72 holes of championship quality golf. Other recreational facilities on offer in Quinta do Lago include an equestrian centre, watersports, tennis clubs, football pitches and a beautiful beach. Quinta do Lago has its own exclusive shopping centre: "Quinta Shopping" with high end restaurants, bars and shops serving the exclusive villa properties, property owner clubs and village developments of Quinta do Lago. Quinta do Lago�s infrastructure is first rate.
Styles of Architecture in Quinta do Lago include traditional, classic and ultra modern. Properties available in Quinta do Lago include 1 or 2 bedroom apartments, townhouses with private or communal pools as well as bungalow style villas on smaller plots. Architects have always designed villas in Quinta do Lago with the environment in mind and nearly all boast views to the nature reserve, golf courses or the sea. At the high end of the Quinta do Lago property market, there are a number of extravagant 9 bedroom properties on large plots. Quinta do Lago has received numerous awards and has been voted" best property investment area in Europe. " Apart from investment, buyers also purchase villas in Quinta do Lago for the following reasons: as a permanent family or retirement home, as a holiday rental property or as a refurbishment project that will then be put back on the market.
No comments:
Post a Comment