SOLD OUT! This unique new development is situated in the picturesque village of Grândola, a typical Alentejo town and municipality located in the south District of Setúbal, just half an hours drive from the beaches of Melides and Comporta. The private condominium composes of just eight charming two-bedroom duplex villas with access to a private garden area and pool.
The trendy new villas offer a generously sized open kitchen & dining area. The interiors will comprise of neutral tones and wood to compliment the nature of the surrounding area. Each property has two delightful bedrooms and a spacious bathroom. Large windows will also be used to flood the villas with natural light, enriching them with charm and a warm ambiance.
The Alentejo region is famous for its vineyards, gastronomy, organic farming and as the largest cork producer in the world. It is surrounded with castles and picturesque villages. Melides has been internationally discovered for the past years for its unspoiled beaches becoming the oceanside residence for many international figures. Up the road is Comporta, a charming town, also known as mini version of the Hamptons with luxury boutique hotels and it’s bohemian lifestyle with art galleries, stylish stores and night life. Comporta is a white-sand paradise just 60 minutes away from the capital’s airport.
The demand for properties in Alentejo continues to be on the rise, and until 2022 prices have, on average, increased 18% per year since 2017. This fantastic new project qualifies under Portugal’s reduced Golden Visa programme with prices starting from €340,000 – €360,000. The developer is also offering investors the options to receive a 3% guaranteed rental return, or choose a flexible rental return if preferred. The project is currently in development and the estimated date of completion is December 2025.
Project Highlights
- 2 bedroom freehold duplex villas;
- Private development;
- Prices from €340,000 – €360,000;
- 3% guaranteed rental option available;
- 30 minutes from some of Portugal’s best beaches;
- Completion date end 2025;
- Golden Visa eligible under reduced legislation.
