Price per 1/8 ownership
Quarteira - Algarve - Portugal
EUR 260,688
EUR 260,688
per 1/8 ownership
Quarteira - Algarve - Portugal
300sqm
229sqm
3
3
The beautifully designed Villa Alma is one of eleven luxury townhouses in Vilas Alvas and boasts award-winning architecture and exquisite interior design.
Location
Quarteira
Region
Algarve
Country
Portugal
The smart way of owning a vacation home
Price per 1/8 share
EUR 260,688
EUR 260,688
per 1/8 share
Villa Alma is located in Vilas Alvas, nestled between the resorts Quinta do Lago and Vale do Lobo and next to a beautiful pine forest. The luxury real estate project was built in a quiet residential area and is close to golf courses, exclusive restaurants and the beach.
The nearby town of Quarteira is located in the heart of the Algarve and offers a wide range of leisure activities and day trips.
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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.
The light-flooded indoor living area offers direct access to the terraces with outdoor pool and an outdoor dining area with BBQ.
The beautifully designed Villa Alma is one of eleven luxury townhouses in Vilas Alvas that will be completed in 2022. It offers a spacious living area of 229 m².
From the entrance area you enter directly into an open living and dining area with impressive glass fronts that offer a magnificent view of the outdoors. From there you have direct access to the multi-level terrace with private outdoor pool, inviting you to spend a lot of time outdoors.
On the second floor there are two spacious suites, each with its own bathroom and one with a sunny balcony. On the second floor is the large master suite with walk-in dressing room and private southeast balcony. In the basement, there is another cozy, light-filled and ventilated room that can be used as a lounge or a guest room.
Besides the multi-level terraces with outdoor pool, there is also an outdoor dining area with BBQ and a roof terrace with Jacuzzi.
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I would like to receive further information about EVEROMES as well as current and new property offers. By clicking on the button "Send" I agree to the Terms and Conditions (T&Cs) and confirm that I have read and understood the Privacy Policy.