Algarve, Sagres, Portugal

2- and 3-bedroom villas in high-end oceanfront resort with guaranteed income of 3%

The Pinewood Houses, at Martinhal Sagres, are positioned in their own separate close along the edge of a pine forest but they remain within easy access of the main resort facilities.

Contemporary in appearance, the use of clean forms and lines underline a stylish simplicity that is also adopted inside. British furniture and interior designer Michael Sodeau has insisted on high quality materials throughout, and has used natural timber, local stone and other products like cork and wicker to stamp the living spaces with an environmentally sound label.

These days many purchasers are also looking for a return on their investment so Martinhal has designed a unique leaseback scheme which includes:
• Annual rental income of 3% of the property purchase price for the first six years (€18,000 per annum)
• The hotel operator will be responsible for providing the furniture and rental pack.
• The hotel operator will cover the charges of property insurance, condominium charges, utilities, outgoings and all maintenance until the end of the lease.
• The owner will be entitled to use the property for two weeks per annum.

All properties at Martinhal are freehold and the owner is entitled to sell their property during the period of the agreement.

2-bedroom properties at €600,000
3-bedroom properties at €800,000