Five Star Luxury Clubhouse and resturants open

Jack Nickolaus Golf Course open to play

LOT 29 MONTE REI GOLF AND COUNTRY CLUB, EASTERN ALGARVE                                                      

OVERVIEW:
 

• Front line to 7th Fairway and direct views over the 8th from the front of house
• Situated at highest point on resort
• Ocean Views
• Stunning panoramic views across several fairways from the rear of property with distant views to Spain.          
• Views of the Caldeiro Mountains to the north
• Plot price 769,000 Euros.
• Architectural Design, Plans and Permissions cost c 50,000 Euros (included in price)
• Plot valued last October at 1,280,000 Euros
• Cheapest plot currently available is 1,100,000 Euros
• Project designed  by Michael Brown architects (very well known for the stunning houses he has designed at Quinta do Lago)  
• Project is ready to go to building phase   
• If someone wanted a completely different design this could be done or even reconfigure the internal layout to suite. ( This cost would be borne by purchaser)
• House to be 500 m2 with infinity pool, landscaped gardens, gym/cinema room.
• Cost of build based on using quality materials and fittings is C 600,000 Euros (Total cost including plot would be 1,369,000). 
• We are informed that when completed the Villa will value at 3,000,000 Euros.( Date appraised End MARCH 2009)  
• There are elsewhere on the resort (O'miradouro Village) turnkey link detached villas( not individually designed/not frontline) of C397m2 on smaller plots sell for up to 1,900,000 Euros
• Two bedroom apartments start from 900,000 Euros
• The two golf courses are the only Jack Nicklaus Signature courses in Portugal and only resort in the world with 2 Jack Nicklaus Signature Courses.
• Voted 18th best Golf Course in Europe (Golf Monthly APRIL 2009). It is apparently unprecedented to be so high at first entry.
• Will have own access directly from A22 Motorway
• 25 minutes from Faro Airport
• Possibly the most exclusive Golf resort being developed in Europe
• This is a fantastic opportunity to acquire something quite special in the early stages of the resort. 

Call 07887 613 972 to take up this incredible opportunity.

THE WEB SITE FOR MONTE REI is www.monte-rei.com