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Fantastic Real Estate Property in the Algarve

If you are looking to buy Real Estate in the Algarve check out this exclusive Off-Plan investment opportunity with Guaranteed Return on Investment

It’s a unique concept in an exotic part of the world, and the focus is on health, well-being and longevity. In fact, the name of this resort is Longevity Wellness Resort Monchique, and it is located in Monchique, Algarve, Portugal.

A Unique Project

Longevity Wellness Resort Monchique is a new development spanning nine acres and offering five-star hotel amenities and services in a setting that includes gardens, walking trails and meditation areas. Nestled in the green hills of Monchique, a preserved natural reserve, with a gorgeous costal view, this is a luxurious Eco-friendly resort, with a unique Wellness approach and a truly outstanding investment opportunity.

Longevity Wellness Resort Monchique will consist of 17 three-storey buildings with condo hotel residences and two main hotel facility areas. It will have a total of 195 one-bedroom units, 40 of which have been set aside for buyers at a special discounted price.

The Philosophy Behind Longevity Wellness Resort

The four R’s -- rest, relaxation, rejuvenation and recreation. The philosophy behind Longevity is to provide an integrated experience in wellness and healthy living. It will offer a relaxing and supportive atmosphere in which visitors will be inspired to make choices toward positive lifestyle improvements.

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The Concept

The reason Longevity has opted for a Condo Resort model relates to global trends. Condo hotels have been the newest trend in second home ownership, allowing people to live in it when they are there and to rent it when they are not.

Owners of apartment units will have access for a maximum of 12 weeks per year, leaving the remaining weeks for the hotel rental program. They will capitalise on Longevity’s centralised reservation system, advertising, internet marketing and distribution network across Europe.

Longevity estimates that apartment unit buyers will be able to get a 6.5% to 7.5% yield per annum, based on a 65% occupancy rate. Additionally, apartment unit buyers will be part of an Owners Club with full access, free of charge, to all amenities, including the 600 m2 (6.458 sq.f.) Spa.