Set within the rolling hills of the Algarve's countryside near the city of Loulé, overlooking our award-winning 18-hole golf course, the Viceroy Residences offer a rare opportunity to own a fully freehold property within a 5-star hotel. Each of the 65 one- and two-bedroom apartments is completed, ready for occupancy, and fully furnished and equipped to Viceroy's exacting standards and interiors using natural local materials. As an owner, you enjoy up to 70 days of personal use per year, with full access to all hotel services during your stays, including dedicated concierge, six restaurants and bars, several swimming pools, a spa, fitness centre, kids club, and a range of curated experiences. When you are not in residence, your apartment enters Viceroy's managed rental pool, generating income on your behalf. Based on current trends, the projected net yield (after all operating, condominium and management costs) for 2029/2030 is between 3% and 5% (of the property price) per year, depending on the specific unit and how many days you use your residence.
Ownership also comes with membership of the Viceroy Discovery loyalty programme, personal discounts on golf, dining, and spa at Ombria, complimentary transfers to Viceroy's
beach concession, and up to 20% off rates at other Viceroy hotels worldwide.
We currently have 7 residences available, with prices from €475,000 for a 1-bedroom and from €1,154,100 for a 2-bedroom (all inclusive of furniture and equipment).