Golf Homes: What $1 Million Will Buy


OUTDOOR SPACE: A long driveway dominates the front exterior. The back has a heated pool and hot tub and a covered deck with a dining area and built-in barbecue. The landscape in both the front and back is dotted with small cactuses and native flora such as purple, pink and red lantana flowers.

TAXES: Around $4,800 a year.

30 FURNISHED TWO-BEDROOM, THREE-BATHROOM APARTMENTS THAT ARE SCHEDULED TO BE COMPLETED BY THE END OF 2019 IN A PRESTIGIOUS GOLF COMMUNITY.

IN THE SMALL TOWN OF VILA NOVA DE CACELA, IN THE EASTERN ALGARVE, ON PORTUGAL’S SOUTH COAST, THESE CONTEMPORARY, SLEEK APARTMENTS — CALLED CLUBHOUSE RESIDENCES — ARE PART OF MONTE REI GOLF & COUNTRY CLUB, A 1,000-ACRE MEDITERRANEAN-STYLE UPSCALE GOLF COMMUNITY. THE BEACH IS A 15-MINUTE DRIVE, AND RIA FORMOSA NATURAL PARK, A MAJOR TOURIST ATTRACTION BECAUSE OF ITS WILDLIFE, BEACHES AND WALKING AND BIKING TRAILS, IS 10 MINUTES AWAY.

Amenities at Mont Rei include a clubhouse with three restaurants, a bar, tennis courts, a pool, a gym and a spa. The clubhouse staff organizes off-property excursions, such as visits to local wineries, sailing, kayaking, surfing and bird watching, and the concierge staff can arrange for services such as babysitting and housekeeping. A free daily shuttle bus transports residents to and from the beach.

These new apartments overlook the 18th hole of the Jack Nicklaus-designed golf course, which has several man-made lakes. The apartments are a short walk from the clubhouse and course entrance; construction for a second Jack Nicklaus course is scheduled to begin in 2020.

Owners pay an annual fee ranging between $3,300 and $3,700 to live in Mont Rei and have access to its amenities, excluding golf. Playing a round costs around $235, and a 25-year golf membership is around $85,000, with annual dues of around $5,600.



Sahred From Source link Real Estate

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert.