Kronos Properties launches sale of Salgados Resort residences


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Portugal: Iberian developer Kronos Properties has launched gross sales for 96 Westin and Marriott branded residences on the Salgados Resort in Algarve.

The residences will probably be managed by Highgate Portugal and privately bought by Kronos Properties. Salgados Seashore and the Salgados Lagoon Nature Reserve are situated shut by.

The co-located properties embrace 42 residences on the Westin Salgados Seashore Resort and 54 residences on the Marriott Residences Salgados Resort. Every of the residences include a balcony and are absolutely furnished.

On-site facilities embrace swimming swimming pools, health and wellness centres, eating places, spas, an 18-hole golf course and concierge companies.

Alda Filipe, accomplice and regional director of Kronos Properties, stated: “The Galé space – residence to The Residences on the Westin Salgados Seashore Resort and Marriott Residences Salgados Resort – is particularly fascinating, characterised by a restricted provide of high-quality properties and a rising demand for branded residences with distinctive service. These Marriott signature key-ready residences completely meet that demand, representing a really unparalleled alternative, with solely a restricted quantity out there on the market.”

Julien Laloye, senior director of mixed-use improvement (EMEA) at Marriott Worldwide, stated: “Portugal continues to be a lovely vacation spot with its historical past and tradition, gastronomic experiences, pure landscapes and year-round lovely climate. With a first-rate location alongside the coast in Algarve, residence house owners will take pleasure in a heavenly life-style and create lasting recollections with an array of facilities and companies.”

Costs for the Westin residences begin from €675,000 for a two-bedroom, whereas the Marriott residences are priced from €330,000 for one bed room.

Highlights:

• The sale of 96 luxurious branded residences (Westin and Marriott) have been launched at Salgados Resort within the Algarve, Portugal.

• Residences are privately bought by Kronos Properties and managed by Highgate Portugal.

• All items are absolutely furnished with balconies and provide resort-style facilities together with spas, eating places, health centres, and an 18-hole golf course.



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