SIMPLY
ALGARVE PROPERTY
ISSUE NO.2 Sept/Oct21
Contents
Welcome... ...to the second edition of the Simply Algarve property magazine. After a successful first issue in June we are pleased to bring you more beautiful properties for sale across the Algarve. Follow us on social media for more photos of each property as well as extra content from our visits to places along the Algarvean coast @Simplyalgarve on Instagram or ‘Simply Algarve magazine’ on facebook. We hope you enjoy our second issue, and that we can play a part in finding your dream home in the Algarve.
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Find our cover property on page 22 from Alexander Kenney properties
6 Alvor 8 Vilamoura 10 Ombria Resort 14 Loulé 22 Almancil 28 Isabela’s Design 30 São brás de Alportel 32 Estoi 34 Tavira 44 Santa Luzia 46 Santo Estevão 48 Manta Rota 50 Castro Marim 54 Finance from AFM 56 Golf - Pro tips! PUBLISHER Richard Bassett ART DIRECTOR Jake Bassett +351 966 044 143 simplyalgarvemag@gmail.com CONTRIBUTORS Ricardo Chaves Richard Hudson Ana Schiavonne Jake Bassett ADVERTISING +351 966 044 143 simplyalgarvemag@gmail.com All rights reserved. Except for normal review purposes, no part of this magazine may be reproduced without the written permission of the publisher. Every care has been taken in the preparation of this magazine, but the contents are only meant as a guide to readers. The proprietors of this magazine are publishers not agents or sub agents of those who advertise therein. The publisher cannot be held liable for any loss suffered as a result of information gained from this publication.
Unipessoal Lda
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September & October 2021
EXTRAORDINARY DEDICATION FOR A SUBLIME LIFESTYLE “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” Franklin D. Roosevelt And this, dear Reader, is not the only reason why we work passionate and successful for more than 23 years now – to support you in making the safest investment in the world, for the sake of your new sublime lifestyle and happiness. Our approach as an “All in One”- Group is unique and refreshingly different, since we are not just another Real Estate Agency, but THE ONE who provides first class, verified services, accompanied with a strong vision of efficiency, relationships and as well meeting deadlines to 100%. We guarantee shared values when it 4
comes to finding your dream property in the Algarve, along with extraordinary consultation in regard to refurbishment, construction and remodeling. But not only that. Located in the Golden Triangle, we are holding Portugal’s biggest showroom with 1500m2 of sublime lifestyle furniture, providing our clients exclusive design furnishings from top brands across the world. In the last years, we were able to build a great inhouse-network, holding excellent relationships with our own property developers, architects and our maintenance team, but also
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having close connections to lawyers, solicitors, notaries, banks, tax advisors, legal advisors and important representatives from the areas of economy in order to deal optimally with all offers and questions around real estate.
home come true, managed with reasonable and unique care, from now on until the future. For more information, visit us on www.gibson-portugal.com or www.algarve-property-agency.com
Our strength lies in discretion, integrity, top contacts and reliability.
Algarve Property Agency Rua da República 72, 8135-121 Almancil +351 289 358 955
Our carefully chosen team of high-educated and experienced specialists is ready to offer you professional advice. We would be more than delighted to be your partner who makes your dream of your Algarve
Interior Design Gibson E.N. 125 – Quatro Estradas 8100-321 Almancil / Loulé +351 289 359 600
September & October 2021
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Alvor
TWO MAGNIFICENT LUXURY VILLA’S WITH A PRIVATE SWIMMING POOL Two independent villas near the coast offering a total of 6 bedrooms and 5 bathrooms. With various outdoor areas and terraces.
Divine Home Sublimematriz Mediação Imob. Unip. Lda
T: +351 289 501 664 E: info@divine-home.eu W: www.divine-home.eu A: Quinta Bela Vista Comercial, loja 27 8200-127 Albufeira AMI: 11606
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PROPERTY DETAILS • • • • • • •
Built year: 1998 Underfloor heating Air conditioning Private pool Bar with a pool table Private gym sauna
• • • • • • •
Garage Basement Terraces Outdoor areas Golf: 3 mins by car Beach: 10 mins by car Energy Certificate: C
¤775,000 Ref: SVP1348 September & October 2021
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Vilamoura
ELEGANT VILLA LOCATED ON
Quintas & Casas Bespoke property services T: +351 289 419 572 E: info@quintasandcasas.com W: quintasandcasas.com Praça da Republica 120, 8100-269 Loule
AMI: 8659
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September & October 2021
VILA SOL GOLF RESORT A comfortable villa set in one of the Algarve´s most renowned golf course resorts, very close to a wide range of amenities, the Resort is 5-minute drive to the beach and the world class Vilamoura Marina, restaurants, shops, schools and main roads.
PROPERTY DETAILS • 4 bedroom • 3 bathroom • 3 en-suites • 1167 m2 plot size • 372 m2 built size • Situated in the Vila Sol resort • Electric gates • Calçada driveway • Well maintained gardens with trees
• Fully fitted kitchen • First floor master suite with access to private terrace • Underfloor heating • Air conditioning • Beach: 5 minutes • Vilamoura: 5 minutes • Energy rating: D
¤1,200,000 Ref: Mimosa September & October 2021
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Need to know
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September & October 2021
Ombria Resort An exciting project emerging amongst the hills above Loulé, welcome to Ombria Resort.
O
mbria Resort is a luxury sustainable development that will feature a 5-star hotel managed by Viceroy Hotels & Resorts, an 18-hole signature golf course and several different types of homes for sale. Here you can find a way of life in harmony with nature: cycling and hiking on trails and pathways, an organic farming area, honey harvesting and more. The now 153 ha property consisting of agriculture, olive and fruit tree groves surrounded by wild rolling hills full of cork oaks seemed to be the perfect location to host a new generation of sustainable resorts and though it’s in the hills, Ombria is still close to the historical town of Loulé, Faro international airport and fantastic beaches. The resort has several investment options available to cater for investors looking for a property to live, holiday or retire in. Ombria Resort is scheduled for a phased completion. The first phase includes most infrastructures (roads, utilities’ networks, etc) as well as the golf course and its clubhouse, the Viceroy hotel, the 65 branded apartments managed
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Need to know
by Viceroy, 12 residential villas (Alcedo Villas) and 83 touristic units (apartments, townhouses, semi-detached villas). Further phases of properties for sale and additional leisure and sports facilities will follow. Ombria Resort’s design is fully aligned with regional architectural patterns stands as a natural extension of the unique local landscape. Wimberly Interiors (part of WATG) for the hotel and the Viceroy Residences, while Promontório is in charge of the Alcedo Villas’ interior design. WATG: A world-leading architectural design firm, WATG are known for cuttingedge designs with an innate sense of place. Alongside their interior design firm, Wimberly Interiors, they have 70 years of experience working across the globe. Promontório: a leading full-service architecture, planning, landscaping, interior and graphic design firm from Lisbon. Their diverse team can manage large-scale, 12
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complex projects and have developed an extensive international portfolio.
• Wide range of state-of-the-art facilities (18hole golf course, sports facilities)
Key advantages of buying in Ombria:
• A professional management structure that provides the highest standards in management services, ensuring homeowners needs are cared for.
• Tranquil inland location, surrounded by nature, in touch with the ‘Authentic Algarve’, yet close to the beach and airport • 5-star hotel managed by Viceroy Hotels & Resorts and the quality of facilities and services it will provide • One of the lowest building density and highest construction quality standards of any similar developments in Europe (energy certificate A or A+)
• Open resort connected to the local community and promoting the local heritage • Annual action plan of activities to help break seasonality (once hotel is open) • Tranquil and secure, with 24h security systems Opening in second semester 2022.
• Variety of residential and touristic real estate units for sale, some of which offering guaranteed rental returns (i.e. Viceroy Residences)
For more information visit their website: www.ombria.com or contact the team directly at sales@ombria.com or +351 289 413 901
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Loulé
THE VICEROY RESIDENCES
Ombria Resort
T: +351 289 413 901 E: sales@ombria.com W: ombria.com
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September & October 2021
AT OMBRIA RESORT A freehold serviced apartment integrated within a 5-star hotel managed by Viceroy Hotels & Resorts.
PROPERTY DETAILS • 1-bedroom apartment • 123,47 sqm - 1st floor • Guaranteed min. 5% yield p.a. - 5 years • Owner stay up to ten weeks a year • Property and rental management • Furniture pack included
• 5-star hotel amenities Access • 18-hole golf course • Spa & wellness • Access to sports facilities • Beach club • Approx. 20 minutes’ drive from Faro airport.
¤555,350 September & October 2021
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Loule
GORGEOUS TWO-STORY
Dora Guerreiro Sociedade Imobiliária Lda T: +351 912 391 925 E: dora@dgalgarveproperties.com W: dgalgarveproperties.com Estrada de Vale do Lobo, Rua Manuel Teixeira Gomes, 947 1º Dto 8135-016 Almancil, Algarve
AMI: 14557
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September & October 2021
COUNTRYSIDE TOWNHOUSE A cozy 3+1 bedroom townhouse situated in a quiet area of Loule with a lovely private garden, spacious bedrooms and a beautiful southfacing view over the salt water swimming pool
PROPERTY DETAILS • 3+1 Bedrooms • 2 Bathrooms • Covered area: 161m2 • Internal area 111m2 • Built in 2003 • Terrace with a beautiful view • Saltwater pool • Garage • High ceiling entrace
• Fireplace • Security Alarm • Video Intercom • Manual Shutters • Borehole for Garden • Laundry area • BBQ • Well maintained garden • Energy rating: C
¤370,000 Ref: DG3628 September & October 2021
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Loulé
BEAUTIFUL HILLSIDE RETREAT
QP SAVILLS T: +351 289 155 930 E: lisa@qp.pt W: qp.pt A: Praça da República, 55 8100-270 Loulé. Portugal
AMI: 1252
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September & October 2021
WITH SEA VIEWS NEAR LOULÉ PROPERTY DETAILS A lovely property with splendid countryside and distant sea views located close to the historic market town of Loulé with its boutiques and restaurants. An idyllic countryside location with all amenities close to hand.
• 4 bedroom suites • Plot size: 4000m2 • Build are: 310m2 • Guest WC • Open plan living-dining room • Fireplace • Radiators • 180° views across the countryside
• Modern kitchen • Covered terraces • Covered parking area for 2 cars • Solar panels for hot water • BBQ Area • Energy rating : B
¤1,500,000 Ref: 95572QP September & October 2021
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Loulé
DETACHED 5 BEDROOM VILLA WITH POOL AND SEA VIEWS
ALEXANDER KENNEY PROPERTIES T: +351 289 095 523 E: sales@akpalgarve.com W: www.akpalgarve.com A: Av. Jose dos santos Farias Lote 138B, Almancil
AMI: 13765
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September & October 2021
Set on a hillside just outside the popular and charming market town of Loulé this generously proportioned villa has been adapted for full wheelchair access and disability support. The views across the valley and on to the sea from all three storey’s are simply breathtaking.
PROPERTY DETAILS • 5 Bedrooms • 5 Bathrooms • Plot size: 1607m2 • Build size: 270m2 • Large pool • Fully prepared for disabled use • Large terraces • Underfloor heating
• Currently operating as a business • Large rooms • Close to amenities • Off road parking • Covered BBQ • Multiple exterior seating areas • Energy rating : D
¤648,000 Ref: 403
September & October 2021
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Vale Formoso, Almancil
STUNNING VIEWS FROM
ALEXANDER KENNEY PROPERTIES T: +351 289 095 523 E: sales@akpalgarve.com W: www.akpalgarve.com A: Av. Jose dos santos Farias Lote 138B, Almancil
AMI: 13765
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September & October 2021
CLASSICAL VILLA This classically styled detached 4 “Plus 2” bedroom villa with infinity pool and sumptuous South-West facing views to the sea offers class, character and privacy. Boasting an almost unrivalled position at the top of a hillside within one of the most desirable areas of the Algarve
PROPERTY DETAILS • 5 Bedrooms • 5 Bathrooms • Plot size: 1297m2 • Build size: 487m2 • Infinity pool • Sea views • Secure parking • High quality finish • Cul-de-Sac Location
• Private & tranquil • Spacious bedrooms • Air conditioning • Double glazing • Dramatic stone features • Bar & Cinema • Energy rating: C
OIR ¤1,950,000 Ref: 186
September & October 2021
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Almancil
CHARMING 4 BEDROOM VILLA
Dora Guerreiro Sociedade Imobiliária Lda T: +351 912 391 925 E: dora@dgalgarveproperties.com W: dgalgarveproperties.com Estrada de Vale do Lobo, Rua Manuel Teixeira Gomes, 947 1º Dto 8135-016 Almancil, Algarve
AMI: 14557
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September & October 2021
IN THE GOLDEN TRIANGLE Very spacious and located in the idyllic and charming residential area of Varandas do Lago, between Vale do Lobo and Quinta do Lago, amidst the peak of the Golden Triangle.
PROPERTY DETAILS • 4 Bedrooms • 4 Bathrooms • 800m2 plot • Covered area of 390m2 • Roof garden • Entrance hall • Beautiful fireplace • Tiled bathrooms • Air conditioning • Underfloor heating • Electric gate
• Video intercom • Boiler and Solar panels • Central Vacuum System • BBQ • Large pool • 800m2 gardens • Mature trees • Cobblestone walkways • Up to 7 car garage • Enormous roof terrace • Energy rating : C
¤1,450,000 Ref: DG3635 September & October 2021
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Almancil
FOUR BEDROOM MANOR
Seven Quintas Property search, mediação imobiliária Lda. T: +351 289 355 697 E: info@sevenquintas.com W: sevenquintas.com Centro O Tradicional, 1st Floor Rua do Comércio, Apartado 3373 8136-906 Almancil
AMI: 7490
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September & October 2021
STYLE COUNTRY HOME This elegant property is located a stones’ throw away from the charming Sao Lourenço church. It is situated on a large fully fenced plot of over 20,000m2, featuring a natural pond, landscaped gardens, covered terrace and a beautiful drive way.
PROPERTY DETAILS • 4 Bedrooms • 5 Bathrooms • Total area: 22,000m2 • Build area: 410 m2 • Refurbished in 2017 • Beautifully landscaped • Mature garden with pond • Large parking &
calçada drive way • Large pool with automatic cover • Fully fenced • Gymnasium and Games room • Separate 3 Bedroom lodge with own lounge & kitchen. • Energy rating : D
¤3,995,000 Ref: 7Q20226 September & October 2021
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Interiors
DESIGN - IN YOUR HOME
Sesil Home’s Isabela Goncalves talks us through her recent project, a beautiful beachfront apartment in Quarteira.
T
his apartment in Quarteira with an amazing sea view was completely renovated in order to make it a functional dwelling and to enhance the space creating harmony through the decoration.
The chosen chromatic base had the job of making the house light and clean, with white prevailing in all areas. To break the coldness of white, a shade of grayish blue was introduced at the top of the kitchen cabinets, which is complemented with the same shade as the sofa in the living room, since the two areas were designed as an open space.
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The black color was also introduced in technical details, such as the washbasin and tap in the kitchen, as well as the handles and ceiling lighting, creating contrast and visual focus points. In terms of decorative elements, the intention was to add different textures and ornaments with natural materials such as jutta and straw to create a cozy and relaxed atmosphere, since it is a beachfront apartment. In the bedroom, since it is a limited space, the sliding cabinet doors also serve the purpose of a mirror.
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Suspended ceiling lamps replace table lamps creating more utilitarian space and decorative elements transport us to a tropical holiday atmosphere, which complements the language of the rest of the apartment. The project was completed by Sesil Home and Interior designer Isabela Goncalves. Contact them here: geral@sesilhome.com or call them at +351 298 393 726
September & October 2021
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São Brás De Alportel
THE OLD MEETS NEW
ABLOOM MEDIAÇÃO IMOBILIÁRIA T: +351 919 559 330 E: info@abloomproperties.com W: abloomproperties.com Rua do Comércio, Edifício Mendonça Lj A, 8135-127 Almancil
AMI: 8946
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September & October 2021
This beautifully renovated antique loft is located in the historical part of São Bras De Alportel. The town had its beginnings in the 17th Century as the summer residences for the Bishops of Algarve to escape to the more pleasant weather. In 2017 a Dutch couple bought the property and began a full renovation to transform the building into the very unique one of a kind stylish home that it is today.
PROPERTY DETAILS • Build size: 400m2 • Plot size: 672 m2 • 4 Bedrooms • 5 Bathrooms • Built in 2020 • Central location • 15 x 2.5m pool • Pool is heated • Landscaped fenced garden • Under floor Heating • Air Conditioning • Electric windows
September & October 2021
• Solar panels • Thick walls • Wood beams • Stone floors • Open plan • Exterior kitchen • Outdoor dining • Large storage room • Heat pump • Large garage • Beach: 20 Minutes • Golf: 25 minutes • EC: A
¤1.500.000 31
Estoi
RENOVATED 4-BEDROOM QUINTA WITH ANNEX Set on a fairly flat, fenced land, located between São Brás de Alportel and Estoi. The property is situated in a peaceful, private, but not isolated location.
Divine Home Sublimematriz Mediação Imob. Unip. Lda
T: +351 289 841 751 E: info@divine-home.eu W: www.divine-home.eu A: Largo de São Sebastião 17 8150-107 São Brás de Alportel AMI: 11606
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September & October 2021
PROPERTY DETAILS • Built year: before 1951 • Renovated • Guest annex • Paddock & Stables • Fireplace • Santa Catarina tiles • Character & Charm
• Swimming pool • Private gardens • São Brás: 8 minutes by car • Faro airport: 20 minutes by car • Energy Certificate: G
¤449,500 Ref: SVP1400 September & October 2021
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Tavira
FIVE BEDROOM VILLA JUST
Algarve Manta Properties
T: +351 281 952 820 E: sarah@algarvemanta.pt W: algarvemantaproperties.com Address: Estrada da Manta Rota, Casa Aníbal, Loja B, Manta Rota, Algarve AMI: 7673
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September & October 2021
MINUTES FROM TAVIRA CENTER Stunning detached villa, gorgeous family home in perfect condition, land 18.400m2 and pool in the beautiful area of Asseca only 5km from the town of Tavira
PROPERTY DETAILS • Extensive parking and driveway • Double height living room • Modern kitchen/ Dining room w/island • 5 Bedrooms • Annex with bedroom, kitchen, Bathroom and Terrace • Private pool
• Paddock and shelter • Solar for hot water • Three suits • Cool covered porch and BBQ area • Huge Basement • Hair Salon • Air conditioning • Fire place • Energy rating: B
¤875,000 Ref: 2744 September & October 2021
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Tavira
LUXURY COUNTRY HOUSE WITH Exquisitely designed, luxury country home on the outskirts of Tavira and boasting spectacular panoramic country views. 36
PROPERTY DETAILS • Build size: 640m2 • Plot size: 144441 m2 • 4 Bedrooms • 4 Bathrooms • Double Glazed Doors and Windows • Mosquito Screens & Electric Shutters • Countryside views
• Underfloor Heating • Air Conditioning • Solar Hot water • Ceramic Tiled Floors • Built in Wardrobes • Fenced and gated • Golf: 10 minutes • Beach: 10 Minutes • Airport: 30 Minutes
¤1.900.000 Ref: 10384L September & October 2021
LARGE POOL, OUTSIDE TAVIRA
T: +351 960 116 396 E: mark@elegancerealestate.co W: elegancerealestate.co A: Rua vale Formoso, 8100-267, Almancil AMI: 12086
September & October 2021
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Tavira
FANTASTIC GROUND FLOOR APARTMENT 10 MINUTES WALK TO TAVIRA CENTER
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September & October 2021
CASAS DO SOTAVENTO T: +351 281 101 254 E: ac@casasdosotavento.pt W: casasdosotavento.p Rua Marcelino Franco, 23 , 8800-347 Tavira
AMI: 10136
Ideal for a family, this brand new apartment is in the perfect location, sitting just 10 minutes walk from tavira center, 5 minutes from schools, shops and Train station. Its the perfect place to rent out or live! September & October 2021
PROPERTY DETAILS • 2 Bedrooms • 2 Bathrooms • Ground floor • Perfect investment • Brand new • Santiago parish • Terrace space • Solar panels • Private parking • Energy Cert: A
¤220,000 Ref: CS-APT-82824A 39
Tavira
MODERN FOUR BEDROOM
Fastighetsbyrån
T: +351 925 346 078 E: marcio.goncalves @fastighetsbyran.com W: fastighetsbyran.com A: Rua Jacques Pessoa, nº 26, 8800-350 Tavira AMI: 16074
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September & October 2021
APARTMENT, TAVIRA Modern apartment consisting of 4 bedrooms and located in a quiet residential area, a few minutes drive from the center of Tavira. An excellent opportunity to have the property of your dreams in Tavira.
PROPERTY DETAILS • 4 Bedrooms (2 en-suite) • 3 Bathrooms • Terrace area: 82 m2 • Build area: 141 m2 • Large living room • Fully equipped kitchen • Kitchen and 2 bedrooms have
access to terraces • Air conditioning • Private parking • Quiet residential area • Energy rating : B
¤285,000 Ref: 14663-MG399 September & October 2021
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Tavira
MAGNIFICENT ESTATE WITH
Compass Property Sales Real Estate Agent T: +351 281 323 876 E: info@compasspropertysales.com W: compasspropertysales.com Rua de Santo Estevão, nº 25 A, 8800-386 Tavira
AMI: 17591
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September & October 2021
GUEST HOUSE AND SEA VIEWS Located in arguably the best location within St. Estêvão, Tavira, is this stunning countryside property. The whole estate sits on a totally private, fully fenced and sublime plot of land, which flows perfectly in a southerly direction giving spectacular 180º views of the coastline & sea.
PROPERTY DETAILS • +/- 35,000 m2 fully fenced land • 344 m2 villa (3 + 2 beds) • 144 m2 guest house (3 beds) • Heated pool • Covered entertainment area • Solar & heat pump underfloor heating • Eco fuel log burner
• Air conditioning • Solar panels • Borehole & cistern • Full double glazing • Security shutters • Double car garage • Numerous & varied fruit trees • 180º sea and country views • Energy rating: IP • Property video AOR
¤2,190,000 Ref: V-GAN September & October 2021
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Santa Luzia
AMAZING FARM WITH RICH
Fastighetsbyrån
T: +351 925 346 078 E: marcio.goncalves @fastighetsbyran.com W: fastighetsbyran.com A: Rua Jacques Pessoa, nº 26, 8800-350 Tavira AMI: 16074
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September & October 2021
HISTORY IN SANTA LUZIA A very special property with a rich history, Quinta da Foz was a wedding gift to a grandaughter in the early 20’s. In the 1960’s there was a large fire on the farm and more than half of the house was left in ruins, it was later rebuilt in 2013. Sat between the countryside and the beach and just 5 minutes from the city center, this charming little Quinta is a must view on your list of properties to check out in the Algarve. September & October 2021
PROPERTY DETAILS • 26 389 m2 plot • Rebuilt in 2013 • 4 bedrooms • 4 bathrooms • Build area: 350m2 • Terrace area: 73m2 • Swimming Pool • Energy rating : B
¤990,000 Ref: 14663-MG532 45
Santo Estevão
EXCEPTIONAL PROPERTY WITH
Compass Property Sales Real Estate Agent T: +351 281 323 876 E: info@compasspropertysales.com W: compasspropertysales.com Rua de Santo Estevão, nº 25 A, 8800-386 Tavira
AMI: 17591
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September & October 2021
JACUZZI AND SEA VIEWS An immaculately presented 2 bed & 2 bath country property, extensively refurbished with taste and quality offering an oasis of peace in a rural setting near the quaint village of Santo Estêvão, one of the most soughtafter parishes in the countryside of Tavira.
PROPERTY DETAILS • 264m2 plot of land • 107m2 villa plus 14m2 terrace • Renovated 2020 • 2 bedrooms • 2 bathrooms • Daikin air conditioning • Eco multi fuel log burner • Solar panels • Mains water
• Full double glazing • Fly screens • Garden with fruit trees • Jacuzzi • Roof terrace • Sea views • Low maintenance property • Energy rating : A • Property video available on request
¤269,000 Ref: V-MEL September & October 2021
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Manta Rota
EXCLUSIVE PRODUCT OF ALGARVE MANTA PROPERTIES
GROUND FLOOR APARTMENTS
Algarve Manta Properties
T: +351 281 952 820 E: sarah@algarvemanta.pt W: algarvemantaproperties.com Address: Estrada da Manta Rota, Casa Aníbal, Loja B, Manta Rota, Algarve AMI: 7673
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September & October 2021
200M FROM THE BEACH A new project in Manta Rota of luxury apartments to be built in an exclusive condominium close to the beach, all with private patios. Great investment opportunity! (Also available duplex topfloor apartments for 215.000¤)
PROPERTY DETAILS • Ground floor apartment • 2 Bedrooms • Equipped kitchens • Air conditioning • Solar panels for hot water • Private patios • 200m from Manta Rota Beach • Solar hot water heating • Private parking • Energy rating: A • Great investment for renting
¤195,000 Ref: 2709 to 2713 September & October 2021
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Castro Marim
LOCATION, LOCATION, LOCATION
Fastighetsbyrån
T: +351 925 346 078 E: marcio.goncalves @fastighetsbyran.com W: fastighetsbyran.com A: Rua Jacques Pessoa, nº 26, 8800-350 Tavira AMI: 16074
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September & October 2021
A one of a kind property in the best location in the Eastern Algarve. Positioned on top of a hill with spectacular panoramic 360 degree views of the sea and mountains. Here you can enjoy the sun of the Algarve by the pool and at the same time be completely undisturbed..
PROPERTY DETAILS • 22 400 m2 plot • Private borehole • 4 bedrooms • 4 bathrooms • Build area: 338m2 • Living area: 244m2 • 360 panoramic views • Monte Rei 1.5km away • Air conditioning • Large terrace • Wood burner • Fully equipped kitchen • Laundry/utility room
• Solar for hot water • Office/Storage room • Room for a gym • Large pool • Beautiful gardens • 30 different trees including peaches, apricots, mangoes, plums & oranges • Three car garage • Automatic irrigation • Beach 10 minutes away • Energy rating : B
OIRO ¤1,500,000 Ref: 14663-SN494 September & October 2021
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C T I VE LY S E E K I N G
New Properties Seven Quintas Property Search is actively seeking special new listings, we have discerning clients who are ready to buy a unique property of their own. Yours could be the one they’re looking for… Find your buyer with us. Call Hildegard on (+351) 919 136 146
Office + 351 289 355 697
Mobile + 351 919 136 146
Centro O Tradicional - Almancil
hildegard@sevenquintas.com
www.sevenquintas.com
Seven Quintas Property Search Mediação Imobilaria Lda. - AMI 7490
Finance
YOUR TAX QUESTIONS
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Answers to questions from our readers, brought to you by Ricardo Chaves of All Finance Matters
ach month we receive different questions from our readers, although some of these questions are related to specific situations, sometimes the answer may help you to better understand the tax system in Portugal and answer the queries from other readers. Q We have probably to move back to Switzerland at the end of this year. We will keep the house, the apartment, the boat and the car. Is that possible for a non-resident? There is no problem in having those assets in Portugal, while being a non-resident. Once you a prepared to move, you need to change your address at the tax office. If the new address does not belong to the EU, then you are obliged to appoint a fiscal representative. The tax bills referring to the properties (IMI council tax) will be sent to the address registered at the tax office or to the address of your fiscal representative. Please note that the vehicle tax and boat tax are not issued automatically. You need to issue theses taxes each year at the tax office (currently closed due to Covid) or at the tax poral. To make it easier and assure that you don’t miss the payment deadline, we advise to appoint a fiscal representative who will take care of that on your behalf. Also note that if you decide to move during the year, you will still need to submit the IRS tax declaration for the months that you were resident (from 1st of January 2021 untill date of departure). The IRS will need to be submitted from 1st of April 2022 to 30th of June 2022. Q I am currently considering moving back to the UK. What are the consequences about the taxes we will pay in Portugal, what are
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the consequence if we want to sell our house when we are not resident, what are the other administrative consequences? If you decide to move back to the UK, you need to change your address at the tax office and appoint a fiscal representative. The fiscal representative can be an individual or a company, that is resident of Portugal. In terms of capital gain taxes when selling your property, you will be liable for tax on the full gain at 28%. If you were to sell while you were resident and only change the address after the sale, you would normally pay a lot less tax. In fact the capital gain tax for residents, is only levied on half of the gain, at the progressive tax rates. So even if you make a big gain and pay the maximum tax rate, as this is levied on half of the gain, it is less than 28%. Q We moved from the UK to Tavira in March. We have NHR, what are the tax benefits available if I own a property, as I am planning to purchase one within the next few months? If you own a property and this is deemed as your main residency, you may apply for exemption on the IMI (Council Tax). Depending on your income and on the tax valuation of the property, you may have a 3-year exemption. Besides this, the other exemption can be the capital gain taxes when you sell. However, this is only applicable in case the house you purchase is used only as your main residency and when you sell it, you will need reinvest the full proceedings of the sale, into another main residency, anywhere in the EU. Please feel free to send us the questions you may have to helpdesk@allfinance.pt. We will select some of these to be published.
September & October 2021
Relax, we look after your tax affairs, while you enjoy your life.
Golf
PRO TIPS
Richard Hudson and Eddie Charnock, Algarve Golf Guru, PGA Golf Professionals share their top tips on playing the signature hole, par 3 8th at Pinheiros Altos.
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September & October 2021
Y
ou are walking from the 7th green to the par 3 8th tee on the Olives Course at Pinheiros Altos. Hopefully you are in a good mood having just played the tricky par 4 7th, with a narrow green from front to back, water in front and to the right and bunkers down the left hand side. Not easy and is the reason why holes 7 & 8 are seen as possible card wreckers!
walking to the famous 17th at TPC Sawgrass in The Players! When you are standing on the tee it is ok to have water as your first thought but don’t let it be your last!
Making your way to the beautiful par 3 8th is as close as it comes to feeling like a Tour Player
When standing on the Championship Tee you are 118 meters from the front of the green, from
You have to take into account so many factors before choosing the right club for your tee shot. Wind direction, into and you will need more club, down wind and you will need less club, right to left or left to right will effect your aim. Pin position on the green, front or back?
September & October 2021
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Golf
the yellow tees 105 meters and from the ladies tee 80 meters. The length of the green is 35 meters, so depending on the pin position you will need to add between 5 and 30 meters to these distances. Don’t get involved with hole locations, left or right just see a centre line from front to back where you want to land the ball. If you miss the green, you hope you find the bunker front right. Assuming you have found the green, now the fun begins. If you haven’t hit the part of the green where the pin is you can be left with a difficult putt. The green is two tiers, sloping from front to back so you can have a quick putt from back to front or a slow putt from front to back and a big swing if putting across the green. 58
You can’t imagine how difficult this par 3 can play, hitting anything from a Sand Wedge down wind to a long iron/small wood into the wind. So getting to the 9th tee with a 3 or hopefully a 2 but nothing worse than a 4 on your scorecard, then you can be pleased with yourself. If you have not played this hole at Pinheiros Altos then you are missing out on one of the great challenges for any standard of golfer. To book a tee time or a golf lesson, please contact Richard or Eddie and mention Simply Algarve as the referral. E: sales@algarvegolfguru.com W: algarvegolfguru.com
September & October 2021
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