Where else can you find a huge 4.480 m2 property, with 437,10 m2 of gross construction area, out of which 398,75 m2 are private gross area, holding a 5 bedroom non overlooked modern house, directly facing the golf course, offering stunning views over the greens and golfers passing by? Only here at PENINA 60, North of the quaint fishermans village of Alvor, Portimão Council.This property, originally from 1976, has been completely remodelled in 2017, with modern and comfort features, allowing for the Energy Certificate band to rise from F to D. Its privileged location, directly facing the 16th hole of the PENINA Golf course, offers unique golf views that will impress even those who are less enthusiastic about this sport and, who knows, perhaps even inspire them to take it up. The garden in front of the living room has got a gate to access directly the golf course in front using your own golf buggy that has been left charging in your 48m2 private garage and storage areas.The house stands on two levels (ground-floor and 1st floor) and offers 5 bedrooms, 4 of them en-suite and 4 of them on the ground floor of the house.After crossing a very generous welcoming and very bright hall area, a magnificent living room presents itself, with huge bay windows facing the green, offering live views that even the best television programme could never beat. A private office on the left, with stunning golf views, completes this initial area. A separate hexagonal dining room to the right is accessed both from the living room and the kitchen. The whole area is heated by a modern fireplace or if you prefer through air conditioning. The kitchen with a cooking island positioned in the centre and with an interior window between the kitchen and the living room, allows cooking with views of the living room and the golf course. Maids accommodations, like in the old times, but adapted to modern comfort and with high quality living standards, also exist as a modern En-Suite on the back of the kitchen. A private laundry area, technical and stockage areas, as well as a very useful outdoor patio for drying clothes, completes this South wing. On the North wing you will find 3 huge bedrooms, 2 of them En-Suite. You will fall in-love with the size of these bedrooms and will never complain about lack of wardrobe storage space.The 1st floor offers a unique king-size master En-Suite, where the very modern bathroom has concealed access through huge built-in cupboard doors, offering ample storage space. A private south-facing outdoor patio, which gets sun all day long, completes it.The pool area, with its enormous 5 x 15m pool, where there is also a bathroom, a huge barbecue area and a storage area, will be the delight of those lovers of socialising and relaxation, in complete privacy.Around the house there are several lawned areas, with several fruit trees, either in front of the living room or in the pool area.IMI (Yearly Council Tax) in 2026, will be of merely Eur. 1.683 / Year. And all of this inside a Golf resort with no condo fees.The property has been maintained in pristine condition since the last renovation. This makes this house an excellent choice for those looking for comfort, allied to a premium location overlooking one of the most prestigious golf courses in the Algarve.A fantastic solution for a golf family enthusiast or for an investor who wants to hire to golfers.At PENINA there is an almost unique proximity between the private villas and the golf courses.In some villas there is even direct access from their own garden straight to the course, allowing players to bring home their own electric golf buggy to park and charge at night in their own garage.With 3 courses to choose from (2 presently active), the 18-hole course, designed by Sir Henry Cotton, is considered his masterpiece, with stunning views, a calm and tranquil setting and nature at its best.Set in 360 ha of extensive lush gardens, this 5-star resort is located 6 km from Portimão and 4 km from Alvor.PENINA Hotel & Golf Resort offers, at special rates for villa owners, a wide selection of sporting facilities including: 3 golf courses and a large swimming pool, considered to be the largest private open-air pool in the entire Algarve.Leisure facilities include: massage treatments, a sauna, a well-equipped fitness centre and 5 tennis courts. For the little ones there is a kids club.There are also 5 restaurants serving a variety of Portuguese, Italian and international cuisine. There are also children's menus and theme nights. The 4 on-site bars serve delicious snacks and cocktails.Alvor is known for its beaches and its fishing village by the river mouth. The discovery, on the hill of Vila Velha, which overlooks the Ria de Alvor, of a Neolithic settlement with traces of later Roman occupation, proves its long history.During Arab rule, Alvor was a prosperous port. It retains much of its charm as a picturesque fishing village in the streets of white houses and the colourful boats that gather around the old fish market after a day's fishing.From Alvor to:Praia da Rocha - 3 km (driving time approx. 5 min)Portimão - 6 km (about 10 minutes drive)Lagos - 16 km (about 20 minutes drive)Faro Airport - 75 km (about 50 minutes drive)For Golf lovers, information on nearest courses:PENINA GOLF course:146 Hectares where the first 18-hole course to be built in the Algarve, the Sir Henry Cotton Championship Course, has played home to the Portuguese Open on ten occasions... and is regarded by many as the finest course in the Algarve and beyond. Built and laid out by the three-time British Open Champion, Sir Henry Cotton, the course is as challenging as it is satisfying... and as unforgiving as it is beautiful. Flanked by streams, water hazards and precarious ditches, the course boasts an array of subtle slopes and raised greens... well known for catching out even the most careful of golfers. The Par 73 course is playable the whole year round and is currently taking bookings for this and next season. The other two courses, both 9-hole, Resort of solid but gentle practice for beginners and Academy for the intermediate golfer, are both great for all-round, thoroughly enjoyable holiday golf.PALMARES GOLF course:Conceived by Arch. Robert Trent Jones Jr., this exceptional American golf course designer was to craft a 3 x 9 = 27-hole golf course which maximized the potential of its extraordinary environment: a spectacular seaside setting. Palmares Golf is composed of three returning nine-hole loops that can be played in any sequence. The result is a golf course of breath-taking natural beauty which is a delight to play. The course opened 18 holes for play in October 2010 and the full 27 last June 2011 and it has matured nicely. The genius in the routing is that, depending on the sequence of play, each golf experience is different. Each nine-hole loop Alvor, Lagos and Praia - has its own character and ambiance.News from the 28th November 2023 (Source: Jornal de Negócios):King Street Capital Management, a leading global alternative investment firm, and Kronos Homes, a Spanish property investor and developer, have announced the completion of the sale of Palmares Ocean Living & Golf to funds managed by Arrow Global.The assets include 200 hectares of land, located between the Alvor and Lagos estuaries, says Arrow Global, a European vertically integrated alternative asset manager specialising in private credit and real estate, which is investing in this resort in collaboration with a Portuguese construction company, which it did not wish to identify.Among the key assets highlighted by Arrow are a five-star boutique hotel, a 27-hole golf course, a clubhouse housing the Michelin-starred Al Sud restaurant, 40 plots for the construction of villas and 12 plots for development, namely for the construction of 310 luxury apartments and a five-star hotel with 152 rooms.
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