luxury houses for sale Albufeira, Portugal (page 6)

The perfect balance between tranquility, luxury and high-quality design.  Real-One presents you with the unique opportunity to acquire your dream home.   This villa was thought out in detail, in order to offer comfort and practicality in every detail.  Composed of 4 bedrooms, two of them en suite and each with its own closet.  One of the bedrooms is located on the ground floor, adding practicality and accessibility to the property.   This home has been designed to elevate the concept of contemporary residence.  The kitchen is fully equipped with super current and modern appliances and décor.   The kitchen is in open space with the living room. Both rooms have plenty of natural light and large windows that allow the surrounding nature to integrate perfectly into the daily life of this house, in addition to having a view and direct access to the stunning private pool area.   All areas of the house are spacious and spacious, so that you have all the necessary comfort.  The exterior does not disappoint, featuring vast spaces and low-maintenance gardens.   An additional dining area complete with kitchen, barbecue and wood-burning oven, along with a lounge and games area, which provides an ideal environment for entertaining and for you to enjoy your outdoor privacy.  The unobstructed views around the property offer amazing sunsets and fantastic countryside views.   Located a mere 15 minutes from the center of Albufeira, this villa combines the best of both worlds: the serenity of the countryside and the proximity to urban amenities.  As if that were not enough, this property offers a unique opportunity: The possibility of building a 3 bedroom villa on an adjacent plot of land, belonging to the property with a project already approved by the City Council, carefully designed to complement the exclusive character of this property.  Don´t miss out on this opportunity to acquire the home of your dreams, where elegance meets functionality, and privacy meets luxury.   Book a visit and discover your refuge.

Excellent three bedroom villa under construction in Olhos de Água The intervention philosophy consists of a balance between architecture and comfort, with habitation parameters that are imperative in construction today. The villa is designed by a renowned architecture firm, consisting of two floors plus a basement. On the first floor is the living room with heigh ceilings and double glazed windows, a fully equipped kitchen with luxury finishes, one bedroom en-suite and another bathroom for guests. On the top floor there are two bedrooms en-suite. In the basement you'll find the garage and technical areas. The distribution of spaces promotes the best use of solar orientation and guarantees an interior comfort. Optimization of private areas, ensuring a good useful area, to value the visual extension between the villa and the outdoor areas. With superior quality construction of materials and process, that aim to always guarantee a balance between quality and cost without compromising the speed of execution. The project aims an intervention that seeks to establish and enhance a strong relationship with nature and respect the surroundings. The beach is situated in the picturesque village of Olhos d´Água, home to the fishermen who still occupy the beach today with their artisanal fishing boats. The famous freshwater springs that flow from the sand, locally known as water holes or scouts, gave the town and the beach its name. The water holes are visible next to the sea, at low tide, at the eastern end of the beach. But it is also the limestone cliffs that distinguish Olhos d´Água, as this is the first rocky beach on the way from the sandy leeward to the rocky windward, and where you can observe marine life in the intertidal range: limpets, whelks, barnacles, small gobies, anemones and colorful algae. The rock formations, very indented, display shallows, caves, arches, and small sheltered coves. Don't miss this magnificent opportunity and book a visit today!

Private and fenced 4 bedroom, 3 bathroom villa. Well designed facing south-west that gives the most amazing sea and sunsets views from inside the property and furthermore benefits from overlooking the Marina of Albufeira. This property is located 7 minutes walking from Albufeira Fisherman Beach and Old Town Albufeira. This spacious villa is sold fully furnished and has an open plan living. Recently renovated kitchen overlooking the dining and living room which has a pellet fireplace. Well-built property with great natural light with each room having own access to the terrace. West wing part of the property has the master with en-suite. Then East wing part of the property has 3 bedroom, 2 bathrooms and a WC for guests. All the bathrooms have been fully renovated. Overhead lighting has sensors that automatically turn on. Air conditioning and double glazing throughout. 1 year old solar panels for hot water with a backup electric switch for the winter months. The property is ideal set up for holiday rentals. Outside terrace:This wonderful terrace area has the most amazing views. All rooms and bedrooms with access to the terrace and sea views. The terrace comprising of 2 outdoor BBQ's areas, outdoor kitchen facilities with fridge, shaded outdoor dining table perfect for the Al fresco dining, outside games area with table tennis, swimming pool which is heated and has a pool cover. Large private garage for 2 cars Large storages room / wine cellerUtility and laundry room Great location with several facilities such as the Albufeira beach, the Albufeira Marina, or the center of Albufeira Old Town. 5 minute walking from the supermarket.Fully furnished villa with active opportunity for significant rental income.

Step into this dream of modern living with this beautiful designed villa, meticulously constructed in 2023 with quality materials and high end finishes. Nestled in a privileged area in Albufeira, just a stroll away from the award winning beaches of Sao Rafael, Arrifes, and Coelha. This villa is the epitome of elegance and convenience.This property suits both people who are looking for an exclusive ´lock-up and go´ holiday home and people who are looking for a convenient luxury home to live their coastal dream in the hotspot of Europe. The generous property with 380 square meters of living areas sits on a slightly elevated plot of 445 square meters with very low maintenance, offering comfortable areas and open views. Ground floorThe ingenious design of the house directly catches your eye as soon as you enter the property through the main entrance. The high quality design staircase offers an open view towards the bright living area. this creates a beautiful incidence of natural daylight in the entire space.Flooring is done by sustainable panels with a light oak pattern which gives this property the cozy feeling. There is a big custom made cupboard wall on the other end of the living with a wengé wooden finish. This convenient peace of furniture isn't just beautiful it also tugs away the tv screen very smoothly. The big furniture pieces are especially selected and handmade to fit this property. They fill the space perfectly but the elegant design makes them not disturbing the sightline throughout the space. The 10-person dining table with matching chairs are all handmade and from the Italian design house MDF Itália. All the windows are from the best brand Cortizo with high quality thermic glass with electric Venetian blinds. Climate control is nicely tucked away in the false ceiling so there are no machines disturbing the design. Everything is very well thought through to make your living experience the best possible. The bright fully fitted kitchen is completely custom made to fit the property whilst including the best NEFF appliances for a home chef. The smart ´hide-away´cupboards give you the opportunity to hide away your coffee bar when you have unexpected guests coming over for diner. The ground floor also features one big bedroom with ensuite bathroom. The luxury bed, sheets and curtains are of the best quality fabrics and selected to match eachother perfectly whilst giving you the best luxury sleeping experience. The beautiful contemporary design fauteuil by Vincent van Duysen is both convenient for undressing and a jewel for the eye. 1. UpstairsImmerse yourself in luxury with two spacious bedrooms, each adorned with ensuite bathrooms. All the same features and same materials and quality used as downstairs. Wake up to breathtaking views and step directly onto your private terrace, embracing the Portugese sunlight. The bathrooms with the white marble tiles and black details really giving you the sense of being in a spa. 2. DownstairsPark all your vehicles with pride in the spacious garage equipped with electricity and water connections. This versatile space ensures convenience and functionality, offering a seamless blend of practicality and style.As an extra there is a bathroom/laundry room in the garage as well. Very convenient after a beachwalk with your dogs. 3. High Standards and First-Class MaterialsThis villa is not just a home; it's a testament to uncompromising quality. Built with the highest standards and utilizing first-class materials, every inch of this property radiates excellence. From the foundation to the finishes, attention to detail is evident throughout.- Detached villa- Good location- Superb finishes- Solar panels- Design furnitureContact us now to schedule a private viewing and embark on a journey to make this dream villa your reality. Your coastal oasis awaits!

3 bedroom villa under construction with excellent finishes, air conditioning, electric shutters and double glazing. In a privileged area close to all services. Consisting of ground floor and 1. th Floor.Ground floor:- Entrance hall- Bedroom with built-in wardrobe- Spacious guest bathroom with bathtub- Open plan kitchen- Living and dining room with sliding doors, with access to the outside- Storage/laundry space under the stairwell1st Floor:- Bedroom hall- 2 en-suite bedrooms (bathrooms with shower) and with built-in wardrobes- 1 of the bedrooms has a balcony measuring 14.30 m2 and views of the poolOther characteristics:- Kitchen equipped with Bosch appliances-Swimming pool Don't miss this opportunity and book your visit.You can visit this property by video call or WhatsApp.We have support in the financing process (if required), with a Credit Intermediary Authorised by Banco de Portugal.

This south facing charming 4-bedroom family home is located in a superb location in São Rafael, Albufeira, Gale and is within walking distance to the beach.Positioned on a large plot in a peaceful residential area still close to all amenities, good restaurants and coffee shops.This very well maintained traditional style villa faces south, has a good size swimming pool, beautiful landscaped garden with various terraces and offers a sea view from the snug room and terrace on the first floor.The spacious living room with high ceiling  is bathed in light and the open plan dining and living area lead to the fully fitted kitchen through a bowed arch. The villa has heating and air conditioning and is suitable for permanent or holiday residence. Two bedrooms on the ground floor and 2 on the first floor.A carport on the side of the house, automatic gates into the garden and an automatic gate to the garage.A great and rare opportunity in a popular zone of the most beautiful areas of Albufeira on the coast.The house gives allowance to be extended if desired.Great rental potential due to location only 500 metres from beaches and other amenities.Less than 40 mins to Faro Airport.More on the LocationAlgarve has an exceptional mobility index with Faro International Airport, Portimão Private Airport, 3 airfields and 5 heliports. Due to a wider option of direct flights, travellers often choose Lisbon Aiport and take a 2-hour drive to reach the Algarve. For yacht owners and fishing enthusiasts, there are 4 marinas and 3 ports. For health care, Algarve has 3 public hospitals, many private facilities, and a Centro de Saude in each town. Besides public schools in every city, there are also 6 International schools. And with over 300 days of sunshine and 250 km of coastline varying from smooth golden beaches to dramatic red cliffs leaning over the stunning blue ocean there are also plenty of historic attractions, a beautiful countryside, more than 40 golf courses, numerous sports activities/facilities and much more.Abloom Boutique Real Estate is rated by its clients as the best in local market knowledge. Their portfolio of exclusive properties in the Golden Triangle and the Central Algarve country side as well as their ability to always connect the right buyer to the perfect product ensures they are the top choice of realtor for all their client´s future transactions. Their reputation of professionalism, integrity, local market knowledge and that personal touch wins them sale after sale.

Unveil the allure of this soon-to-be-completed villa, harmoniously situated to capture mesmerizing sea views and the serene beauty of the surrounding countryside. Enjoy the tranquillity of the countryside while being within a short drive of vibrant amenities, exquisite restaurants, and world-class golf courses. The pristine beaches of Galé and Salgados are just moments away, providing a perfect escape for sun-seekers. The villa comprises:Ground floor: living/dining area with patio doors to the pool area, open plan kitchen with central island and outside BBQ area, separate office with panoramic window, guest lavatory and bedroom with en-suite bathroom and closet. First floor: two bedrooms with terraces and great sea and country views, 2 bathrooms (both en-suite) and a living area. There is parking when you enter the property and the garden and inviting pool area create a picturesque oasis, offering a perfect blend of sophistication and relaxation. Exceptional quality of cons

Tourist complex, with AL license, consisting of 6 townhouses, all of them with private garage, box inserted in plots of 1350 sq meters, with swimming pool for common use, being possible to continue the exploration for holidays as well as to constitute a private condominium for housing with independent fractions .With an extremely central location, in Areias de São João-Albufeira, 500 meters from the beach.Praia da Oura, Praia dos Alemães, Praia dos Aveiros and Praia do Forte São João, and all the offer of restaurants and services in the surroundings.The discretion of the townhouses;Townhouse T1 Ground floor with kitchen, living room with fireplace, common bathroom and a storage room and terrace, 1st floor with a bedroom with bathroom and terrace.2 Townhouse T2 Ground floor with kitchen, living room with fireplace, guest bathroom, storage room and terrace, 1st floor with two bedrooms, guest bathroom and terraces.3 Townhouse T3 Ground floor with kitchen, living room with fireplace, guest bathroom, storage room and terrace, 1st floor with three bedrooms, one en suite, guest bathroom and terraces.The use of a garden is currently common, but it is possible for all houses to have a private garden for all units in addition to the common area of the condominium pool.Ideal for investment with great profitability both in Local Accommodation and for sale of permanent own housing.

CUB Real Estate is pleased to present to you the spectacular VILLA ALBUENTE, in Albufeira. This incredible villa was meticulously designed in 2012, with the choice of the best construction options of the time, creating a truly remarkable, unique and special residence.The property is currently undergoing a complete renovation, which is expected to be completed in early December. This renovation project includes the total remodeling of the interiors, the expansion of the master suite and the addition of an exquisite cinema room.VILLA ALBUENTE offers extraordinary panoramic views, with a stunning 180º panorama over the ocean. The land covers an area of 2,317 m2, where you can enjoy various moments of entertainment with your family and friends.The villa has a generous area of 825 m2 of living space, and has a complete apartment on the lower floor, equipped with kitchen, bedroom and terrace. There are 8 bedrooms, each with a private bathroom, providing maximum comfort and privacy.The amenities at this property are truly exceptional, including a fitness room with sea views, a covered garage for 3 cars in front of the villa, a wellness room with sauna and Turkish bath, as well as a fully automated Control4 home automation system and audio and TV systems in each room.The floor and solar heating system covers the showers, pool and floor of the villa, providing energy efficiency and environmental comfort. The villa also features a spacious living area of 100 m2 with a full kitchen, air conditioning and underfloor heating (also not licensed for habitation), ideal for entertaining and entertaining.The choice of high-quality materials throughout the property ensures durability and elegance. The exteriors include a saltwater swimming pool, jacuzzi and several barbecue areas to enjoy memorable moments.On cooler evenings, a gas fireplace provides a cosy atmosphere by the beach. In addition, the villa has direct access to the beach, making it a true pearl by the sea.The magnificent garden, with a stunning tropical landscape, completes the idyllic setting of this exclusive property. Don't miss the opportunity to live the luxurious and relaxing lifestyle offered by VILLA ALBUENTE, a rare beachfront gem.Come and discover VILLA ALBUENTE with CUB Real Estate in Albufeira.

This stunning villa is located in S. Rafael - Sesmarias - Galé, in one of the best areas of Albufeira, offering incredible sea views and just a 10-minute walk from the beach.  A design that combines classic and modern lines, a house of charm and refinement in every detail. Upon entering the villa, you will be greeted by an entrance hall that immediately demonstrates the good taste and refinement of this property.  Still on the ground floor we find a large en suite bedroom, a fully equipped and very spacious kitchen, a guest bathroom and the large living/dining room. The living room has sea views, fireplace, direct access to the outdoor area and plenty of natural light.  The house has plenty of storage space.  Outside is where we find the swimming pool, relaxation area around the pool, barbecue, dining area with sea views and some green spaces, since this space was designed to have a low effort and maintenance cost. Upstairs, we find two more suites, both with very generous areas and both share a huge terrace, where you can also enjoy panoramic views of the sea. Every detail has been thought out to take full advantage of the premium location of this villa which is one of its strengths. It is located near the best beaches in the city of Albufeira, just a few minutes from essential goods services, and where privacy and tranquility stand out. This is a unique opportunity to acquire a prestigious villa, where the coastal lifestyle is combined with comfort and elegance.  Book your visit!

Plot of land for construction of a single-family house, located in Montechoro in Albufeira. Very central location and quite close to the private hospital, schools, supermarkets, and various amenities such as restaurants and bars. It is 1,700 m from Oura beach. The sale price is that of the finished house - 'Turnkey'. There is also the possibility of buying only the lot, with the Project.Our company assists in all sectors such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.Don't miss this opportunity and contact us for a visit.

Fabulous contemporary 4 bedroom villa for sale, under construction, in an excellent location in an elevated area and with sea views, in Albufeira.Gross area - 570m2: 262m2 (basement), 220m2 (ground floor) and 88m2 (1st floor). Living area 428m2: 180m2 (basement), 175m2 (ground floor) and 73m2 (1st floor). Close to the Marina and within walking distance of all amenities and services, and the city center. The sale price is that of the finished house - 'Turnkey'. Our company assists in all sectors such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.Don't miss this opportunity and contact us for a visit.

Fabulous villa for construction, set on a large plot of land, located in Sesmarias and within walking distance of the beaches of S. Rafael, Arrifes, Galé and Albufeira Marina. Total plot area: 7,757m2Gross area - 445m2, 195m2 (basement), 147m2 (ground floor) and 103m2 (1st floor). Living area 390m2, 175m2 (basement), 127m2 (ground floor) and 88m2 (1st floor). The sale price is that of the finished house - 'Turnkey'. Our company assists in all sectors such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.Don't miss this opportunity and contact us for a visit.

Opportunity of an unique and historic property from the 19th century. The property is set on a plot of nine hectares in the Algarve, Portugal. With an unlimited potential, this magnificent property presents numerous of possibilities. Solidly built, although currently in need of a total internal renovation, this house has a genuine historic character that is rarely attainable on the market these days. Set on a small hill, with a panoramic view of the property and the surrounding countryside. The buildings around the large courtyard were arranged, including a large barn. The patio is the ideal space for a swimming pool, terraces or tennis court, in a private, spacious and bright area. The buildings are ideal for accommodation or for a leisure area. The large rooms on the ground floor of the main house were originally used for making and storing wine, the rooms on the first floor were originally to accommodate the main family. There are a total of 19 rooms in the main house, all separate. The property has electricity, cisterns and its own well for water supply.  The property is located 2.6km from one of magnificent beaches in the area, 5km east of Albufeira. Don't hesitate, book a visit today!

Three-bedroom villa with pool and sea views, under construction, for sale in Guia, Albufeira, Algarve.Spread over two floors, this villa has an open-plan living and dining room with a fully equipped kitchen, three bedrooms in total, two of which are en suite and one with a walk-in closet, and an office.The outdoor area will consist of a garden, swimming pool, large leisure areas and parking space for several cars.Special features such as interior gardens, two large terraces at the top of the villa with spectacular sea views, make this property an excellent investment opportunity.In a great location, around 40 minutes from Faro International Airport.CHARACTERISTICS: Plot Area: 717 m2 7 718 sq ft Area: 145 m2 1 561 sq ft Useful area: 145 m2 1 561 sq ft Building Area: 145 m2 1 561 sq ft Bedrooms: 3 Bathrooms: 4 Energy efficiency: Certification in progress FEATURES: Sea viewUnder constructionThree suitesWalk in closetEquipped kitchenOfficeGardenSwimming poolTerracesIndoor gardens Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063

Small farm on a plot of 39013 square meters, located ten minutes from the coast of Albufeira and five minutes from the nearest village. The main house is typically decorated with a large living room with fireplace, a dining room, a spacious kitchen, an en-suite double master bedroom, two bedrooms and an office next to the living room. It has a fully independent secondary house with a kitchen, living and dining room, two double bedrooms and a bathroom. There is another house with the same divisions and characteristics. Next to the swimming pool there is an annex that serves to support this leisure area and ideal for preparing meals outside with an American kitchen, bathroom and storage area or even an extra bedroom. The exterior, in addition to a pleasant swimming pool, has a dining area sheltered from the Algarve sun, a barn and a plot of land with potential for planting various fruit trees and horticulture and/or animal husbandry. This small farm has great potential for your rural tourism project.

Don't miss this incredible opportunity! This stunning detached villa boasts a private pool and breathtaking panoramic views. Nestled on a generous 5,268 m2 plot of land in a prime location, it's a tranquil oasis surrounded by nature, just 6 minutes from the heart of Albufeira and all essential amenities.This property is fully fenced and offers two entrance gates with traditional Portuguese pavement. It comes complete with a wine cellar, storage spaces, covered parking for multiple vehicles, and a well-tended garden with a vegetable patch.The villa exudes charm and elegance, spread across two levels. The ground floor features an inviting atrium, a welcoming entrance hall with a fireplace, a pantry, 2 bathrooms (one of which is private), 3 bedrooms, a fully equipped kitchen, a spacious living room with a cozy fireplace, and a dining area with access to a generous terrace. The terrace comes equipped with a dining area, a wood-fired oven, a barbecue, and a sparkling pool with stunning views of the sea, the city, and Albufeira Marina.The first floor of the villa houses 3 bathrooms (2 of which are private) and 3 bedrooms, one of which boasts a terrace offering panoramic vistas that will take your breath away.Cerro d'Águia is renowned for its picturesque beauty, perched on a hill that offers unobstructed sea views and captivating natural landscapes. It provides a serene and peaceful atmosphere, a welcome retreat from the bustling center of Albufeirathe perfect sanctuary for nature enthusiasts seeking a tranquil escape.You'll be in close proximity to idyllic beaches like Praia dos Pescadores and Praia de São Rafael. Plus, you can easily walk to Albufeira Marina and the vibrant city center, where a diverse range of services, restaurants, bars, shops, and a lively nightlife scene await.Your dream home awaits you don't let this opportunity slip through your fingers! Contact us to discover this home.

Luxurious private villas, with unhealthy views over the city of Albufeira serra and sea with the Atlantic Ocean on the horizon, whose main view oriented south, the villas are served by good access, wide streets and carpeted streets, wooded beds and a few minutes from the historic center and the beautiful beaches of the city of Albufeira, Marina and thirty km from faro airport.The villas are composed of 3 floors and basement with (capacity for 5 cars), on the first floor we find entrance hall, two large rooms, living and dining, office, kitchen and toilet. Second floor, four suites, all with built-in wardrobes, balconies and large windows allowing an excellent natural lighting. On the third and last floor we have a terrace that allows a magnificent 360 degree view. The villas have central air conditioning, double glazing, electric stores, automatic watering.Mark today a visit to these top villas in luxury and location in the beautiful city of Albufeira which is the tourism capital of the Algarve

Luxury 4 bedroom villa in the Pine Cliffs resort, close to Albufeira in the village of Olhos de Água.Fully equipped and finished to the highest specifications and design standards, it is set on a large plot of land (2102 sqm), in perfect harmony with the surrounding natural beauty.This a very spacious villa of 2 floors and garage, with 300 sqm, 4 bedrooms, 3 of which are en-suite with dressing room.The lower floor consists of living room, dining room, and Kitche on one side; and on the other side one bathroom, one suite and another bedroom that can be used as an office. On this level is the garden and the terrace with a 33sqm swimming pool.The Upper floor has 2 big suites, both with a terrace overlooking the beautiful garden.In the garage there is parking for at least 2 cars, the technical area and a storage room.The modern architecture, the large glass facades and the large areas characterize this villa.You can enjoy all the resort's infrastructure, while benefiting from the privacy and exclusivity that the villa can offer.Owning Pine Cliffs Deluxe Villas, you have discounts on various resort services: restaurants and bars, golf course, beauty salon, Porto Pirata - Children's Village, tennis court and boutiques.If the owner wants to monetise his property, he also has the option of submitting his unit for tourist exploitation, with the management company making a 45% (for the company) 55% (for the owner) split on the actual rental value.

Luxury 4 bedroom villa in the Pine Cliffs resort, close to Albufeira in the village of Olhos de Água.Fully equipped and finished to the highest specifications and design standards, it is set on a large plot of land (2102 sqm), in perfect harmony with the surrounding natural beauty.This a very spacious villa of 2 floors and garage, with 300 sqm, 4 bedrooms, 3 of which are en-suite with dressing room.The lower floor consists of living room, dining room, and Kitche on one side; and on the other side one bathroom, one suite and another bedroom that can be used as an office. On this level is the garden and the terrace with a 39sqm swimming pool.The Upper floor has 2 big suites, both with a terrace overlooking the beautiful garden.The modern architecture, the large glass facades and the large areas characterize this villa.You can enjoy all the resort's infrastructure, while benefiting from the privacy and exclusivity that the villa can offer.Owning Pine Cliffs Deluxe Villas, you have discounts on various resort services: restaurants and bars, golf course, beauty salon, Porto Pirata - Children's Village, tennis court and boutiques.If the owner wants to monetise his property, he also has the option of submitting his unit for tourist exploitation, with the management company making a 45% (for the company) 55% (for the owner) split on the actual rental value.