Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal

Price per 1/8 ownership

Monte Rei Segredo

Vila Nova de Santo António - Faro - Algarve - Portugal

EUR 209,387

EUR 209,387

per 1/8 ownership

Vila Nova de Santo António - Faro - Algarve - Portugal

Property space

317sqm

Living and usable space

233sqm

Bedrooms

3

Bathrooms

3 + 1

Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal

About Monte Rei Segredo

Monte Rei Segred is a beautiful duplex penthouse with stunning views of the blue waters of the Atlantic Ocean, a lake and the Monte Rei Golf und Country Club. The residence is surrounded by carefully manicured gardens and is just minutes from the Monte Rei Clubhouse away. Residents have convenient access to the spectacular North Course, world-class restaurants and a private swimming pool, gym and sauna.

Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal

Location

Vila Nova de Santo António, Faro

Region

Algarve

Country

Portugal


The smart way of owning a vacation home


Price per 1/8 share

EUR 209,387

EUR 209,387

per 1/8 share

Exclusive use of 45+ days per year
Location
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal

Monte Rei is an exclusive residential development on the east coast of the Algarve, nestled in 1,000 acres of unspoiled countryside overlooking the award-winning Jack Nicklaus Signature Golf Course.

Monte Rei Segredo is located between the two famous towns of Real de Santo António and Tavira. Within a short 15 minute drive you can reach both cities. The world famous beaches of Cacela velha are only 10 minutes away. Faro airport is 60 km away and the Spanish border 20 km.


Amenities
Indoor
Fully furnished & decoratedHome accessoriesShowkitchen
Outdoor
Outdoor PoolBeach proximityLake View
Technical Equipment
Underfloor HeatingACAlarm System
Outdoor PoolUnderfloor HeatingFully furnished & decoratedAC

Learn more about our vacation homes: Algarve, Portugal.

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Frequently asked questions

Yes. You are the legal owner of a share in your vacation home with all rights and obligations that come with ownership of real estate. To set up co-ownership in an easier way, you hold your real estate ownership through a property-specific holding company that EVEROMES sets up. The holding company, as well as your vacation home, is managed by EVEROMES.

Yes, as a true legal owner, you fully participate in any equity gains resulting - for example - from rising property prices in our carefully selected destinations. Typically, we see annual value increases between 3-10% in our top vacation destinations.

No, neither. With EVEROMES, co-owners have a deeded ownership in the holding company and therewith in their vacation home. In contrast, most of the past and present timeshare or buy-to-lease models sell the right to use one or multiple assets of a pool for a fixed amount of time. Typically, in timeshare or buy-to-lease models, members do not have real ownership rights.

We fully protect you as a co-owner. As the manager of the holding company of your EVEROMES vacation home, we take full financial responsibility if a co-owner does not pay his/her bills. This is a great benefit of our co-ownership program.

No. In all areas of real estate - from commercial to retail and residential - it is a common practice to hold ownership in properties through holding companies. This has certain advantages such as easier transferability, possibilities to govern the relationships between multiple owners etc.

EVEROMES manages the entire acquisition process, the ongoing management of the holding company as well as the potential resale of shares by co-owners. This includes setting up the property-specific holding company, evaluating the applicants who are interested in a co-ownership and running the closing process. Once the holding company is set up, EVEROMES takes care of the ongoing affairs of the holding company, which includes bookkeeping, communication to the co-owners, contracting and controlling service providers etc. If co-owners decide to sell their interest in the property, EVEROMES provides a marketplace for co-owners to buy and sell shares to and from like-minded people.

No. Co-ownership in an EVEROMES vacation home is structured through a holding company under German law. Owners purchase a share in the property holding company and therewith have a deeded ownership in the entire real estate asset. This structure provides co-owners with protection, privacy and flexibility. A Tenancy in Common is a specific type of ownership format with deeded ownership for each partial individual owner for a defined part in the asset.

We have vetted each member of our co-ownership program and take particular care of only allowing people to join the group of co-owners who share the same values and respect towards the jointly owned vacation home. However, there is always the possibility that something breaks or gets damaged. Damages that go beyond regular wear and tear are charged to the co-owner who has booked the vacation home at that time. To ensure truly sublime living experiences for every co-owner, all EVEROMES vacation homes are inspected after each visit.

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Monte Rei Segredo

Beautiful penthouse with stunning views of the blue seawater of the Atlantic Ocean and the golf course.

Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
Property description

This magnificent penthouse offers all the comforts of modern living; inspiring and comfortable open spaces where huge windows make the most of natural light and warmth.

The generous living space of 233 sqm covers 3 bedrooms, 3 bathrooms, a guest toilet and a bright, cozy living and dining area with open kitchen and breathtaking views of the surrounding nature. The master suite is located on its own floor and has its own private terrace.

This duplex penthouse meets the most modern standards of comfort and features air conditioning, underfloor heating and a range of home automation applications. In addition, the owner of this beautiful penthouse enjoys over numerous benefits at Monte Rei Golf and Country Club.

Floorplans
  • Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal
  • Monte Rei Segredo - Vila Nova de Santo António - Faro - Algarve - Portugal

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