Sales started well from the start in early summer 2019. In the meantime, over half of the units have been sold in record time. The W Residences is attracting a new and very international group of buyers to the coast. We have seen enquiries come from around the globe but the highest proportion of buyers are from the United Kingdom.
W Hotels Worldwide, part of Marriott International, is about to open W Algarve. Developed by Nozul Algarve, S.A., this vibrant oasis overlooks the breathtaking coastline and the Atlantic. We are delighted to have been chosen as exclusive Master Agents to manage the sale of 83 oceanfront apartments, all with access to the W 5-star hotel facilities and to announce that they are now 50% sold out.
Owners will enjoy ultimate exclusivity in the Residences, which share the 134 bedroom 5-star W Algarve hotel setting, but offer added privacy. The Residences, comprising one to three bedroom apartments, include duplexes and one four-bedroom penthouse. All the Duplexes have a private pool; all are kitted out with the W signature flair, leaving room for owners to adapt the styling to their tastes. Some Residences have sea views; others survey the local landscapes. The high-end design references the region throughout.
At W Residences Algarve, ownership perks are second to none. Here, hotel-inspired living includes 24-hour service and access to the W Algarve extensive facilities – plus a dedicated residential team. Residents can enjoy in-residence dining, discounts at W Hotel stores, full-service housekeeping, preferential rates at W hotels and more. The Residences boast best-in-class design by world-renowned interior designers AB Concept: high-quality, playful fittings inspired by the beachy region. Seafront views and unparalleled services and amenities are the permanent backdrop for your own private space.
Construction has progressed well and we look forward with great excitement and anticipation to the opening day, expected this spring.
In conclusion, the past 12 months have been an adventure with ups and downs and many challenges and despite all of this our property market has prospered once again demonstrating that there are in fact few places we would rather be. Now let’s see what 2021 has in store for us.
In the meantime, we wish all our clients and readers of The Portugal News a very happy and, above all, safe and healthy 2021.
For more information on the market or to book a virtual tour, please contact us on: (+351) 289 396 073 or email us on: info@qp.pt. To view our exceptional property portfolio, please go to www.qp.pt.
Kerstin Buechner
Director
QP Savills