$950,358

This is a two-bedroom oceanfront apartment in one of the Algarve's most comprehensively repositioned resort properties, now operating under the Destination by Hyatt brand. It offers a rare combination: a fully finished, managed resort unit with direct beach access, strong rental income potential, and personal use flexibility, at a price point that reflects a private owner sale rather than a developer premium. The apartment sits on the second floor with unobstructed ocean views from the main living areas and the front terrace. The interior covers 95.5 sq m of private space across a 30 sq m living room, a 15 sq m suite, a second bedroom of 13 sq m, a fully equipped kitchen, and two bathrooms. The front terrace measures 16.6 sq m. Total built area including terraces is 120.3 sq m. Every room was fully renovated as part of a two-phase repositioning completed between 2024 and 2025, with custom furniture, high-specification kitchen appliances, and organic materials used throughout. The resort sits directly above the Atlantic on Portugal's Costa Dourada, surrounded by protected pine forest, with exclusive access to white sandy beaches framed by red sandstone cliffs. Facilities include two outdoor ocean-facing pools, a full spa with sauna, Turkish bath, sensory showers, and Technogym fitness studio, the Casa da Praia by TUPUQ restaurant and bar, a beach club, concierge and guest experience management, room service, EV charging, and a structured activities programme including yoga, pilates, wine tastings, and curated local experiences. The resort is gated with 24-hour reception and controlled access. The managed rental programme allows owners to place the unit into the resort's rental pool and earn income during periods when they are not in residence. Following the repositioning, average nightly rates rose from €150 to €350 during high season, benchmarked against Pine Cliffs Resort and Epic Sana Algarve, both internationally recognised Algarve luxury brands. Faro International Airport is 25 minutes by car. Vilamoura is adjacent. Lisbon is two hours away. The Algarve receives over 300 days of sunshine per year and operates as a year-round tourism market. Algarve, Olhos de Água, Albufeira, beachfront, sea view, ocean view, resort apartment, T2, investment property, managed rental, rental yield, Destination by Hyatt, Hyatt, Portugal, Costa Dourada, Vilamoura, Faro, pine forest, spa, beach club, passive income, owner-operator, boutique resort, luxury apartment, fully renovated, private terrace. #ref:0479