For a brand, or in this case a real estate development, reaching the big 4-0 is a cause for serious celebration, especially when the development in question has built a cult-like following and stellar reputation over the past four decades.
Since it’s inception in 1972, Quinta do Lago, lying at the heart of the Algarve’s Golden Triangle, has grown to become one of Europe’s most successful developments, thanks to its exemplary standards of living and golfing prowess. The destination’s three outstanding golf courses, one of which was recently named Portugal’s best, helped secure its place in the ever-competitive golfing world. The chosen venue for no less than eight Portuguese Open Championships, it is no wonder that Ryder Cup pro, Paul McGinley, chose the resort as his Academy’s home.
Quinta do Lago is not one to rest on its laurels however, and now in 2012, following months of new investment and upgrading, is reasserting itself as much more than a golfing Mecca. In tune with the air of rejuvenation, the final 26 plots for sale at the development have recently been released in the exclusive enclave of San Lorenzo North. The unparalleled location boasts views over the UNESCO protected San Lorenzo Natural Park and the picturesque topography of the San Lorenzo Golf Course. The plots, which are designed for the construction of spacious detached villas, promise an unrivalled combination of seclusion and luxury, yet with unrestricted access to the resort’s already established wealth of facilities.
Director of Property Sales at Quinta do Lago, emphasised why these plots represent such a golden opportunity: “San Lorenzo North, with its exceptional location and investment potential, proves to be an obvious attraction to investors looking for the ideal holiday destination. The first phase release, with 4 plots being made available, has generated incredible response particularly from the UK market as it is the latest and one of the very few remaining opportunities to purchase unconstructed land on one of the most sought after destinations in Europe.”
The plots will undoubtedly appeal to the discerning buyer. Contrasting the existing architecture of the rest of the resort, the new homes in San Lorenzo North will be more contemporary in style with owners able to hand-pick the design and décor, creating a completely bespoke property. Among the San Lorenzo North architect portfolio is Imaestri, who specialise in a modernist, cutting edge aesthetic. A stunning show villa is currently under construction designed by renowned Irish architects De Blacam and Meagher and will complete later this year. All owners will have the opportunity to enter their properties into the rental pool and with occupancy rates on the resort nearing 100% during July and August, the potential for strong rental yields is a comforting factor for buyers.
The lifestyle on offer at Quinta do Lago has always appealed to buyers as much as the potential for investment. Throughout the year, residents and guests alike can indulge in a variety of on-resort pursuits including early morning al fresco Pilates, family tennis lessons, traditional Portuguese picnics, miles of golden sandy beach, lakeside water sports, endless hiking and biking trails as well as mouth-watering cuisine in a variety of restaurants.
Over the past 40 years, Quinta do Lago has become synonymous with quality. And, as the San Lorenzo North properties promise to add a further sophisticated dimension to the real estate portfolio, the future certainly looks bright for this pioneering destination.
Plots in San Lorenzo North range from €2.3m to €3.5m. The turnkey show villa is for sale for 5.9m.
For sales enquiries, contact Quinta do Lago Real Estate firstname.lastname@example.org +351 289 392754