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Kronos Homes, an Iberian developer renowned for its design-focused properties, has transformed Flamingos Salgados in Algarve, Portugal, into 58 luxurious residences set to launch in October 2024. Located near Praia dos Salgados beach and Salgados Golf Club, the 4-star development offers a pool, communal gardens, lounge, reception, and security. Each home features a private balcony, underground parking, and is fully furnished, with prices starting at EUR 330,000. With 40% of units already reserved, Flamingos Salgados appeals to buyers and investors seeking chic, ready-to-move properties in a stunning location. Kronos Homes emphasizes architecture and sustainability, cementing its role in enhancing Portugal's real estate landscape.
Kronos Homes, the Iberian developer celebrated for its stylish properties, has revitalized the Algarve's Flamingos Salgados. The skilled team at Kronos Homes has expertly transformed an existing structure at Herdade dos Salgados into 58 exquisite new residences along the central Algarve coastline, with official sales set to launch in October 2024. Advertisement
The chic renovation exemplifies Kronos Homes' talent for creating desirable new property offerings from existing developments. The Flamingos Salgados tourist complex now features a new swimming pool, communal gardens, a lounge area, a reception/lobby, and on-site security and maintenance services. Each home is equipped with a private balcony and underground parking. The key-ready studios to four-bedroom apartments at Salgados Flamingos, scheduled for delivery in spring 2025, will appeal to buyers looking for primary or secondary homes, as well as investors.
Flamingos Salgados is a 4-star development featuring 58 apartments with communal gardens, a swimming pool, lounge area, reception/lobby, security, garage, and maintenance services. The apartments are within walking distance of Praia dos Salgados beach and Salgados Golf Club, conveniently located near Faro Airport, adjacent to the Salgados Lagoon Nature Reserve, and just a 15-minute drive from central Albufeira. The apartments are ready to move into, fully furnished and equipped.
Flamingos - Salgados boasts an excellent central Algarve location, just a 15-minute drive from the vibrant city of Albufeira and slightly over half an hour from Faro Airport. While the city offers easy access to numerous restaurants, shops, and spas, the Salgados Flamingos apartments are nestled in nature, just a five-minute walk from the challenging 18-hole Salgados Golf Club and a twenty-minute walk from Salgados Beach.
The development is already gaining traction, with 40% of the 58 homes reserved prior to launch. Remaining properties range from studios to four-bedroom apartments, with prices starting at EUR 330,000 fully furnished and equipped. An exclusive rental program is available through the management company.
This beach stands out from others in Albufeira due to its varied landscape, featuring ochre cliffs, golden dunes, and the Salgados Lagoon Nature Reserve-a crucial stopover for migrating birds, including flamingos, which feed in its salty waters, giving the development its name ('Salgados Flamingos' translates to 'salty flamingos'). Several protected species also nest among the lagoon's reeds. Salgados Beach is not only popular with nature enthusiasts but also an excellent spot for swimming, surfing, bodyboarding, and other watersports, offering plenty of great waves. Apartments on the fourth floor at Salgados Flamingos provide views of the sea and the fairways of Salgados Golf.
The homes come fully furnished and equipped, ensuring a hassle-free experience for buyers eager to enjoy their new property right away. Alda Filipe, Regional Director of Kronos Homes, states "interest in Flamingos - Herdade dos Salgados is already high, with 40% of the units reserved even before the official market launch. Portuguese buyers are well acquainted with Salgados, and international clients loved the location next to the golf course and close to the beach. With the quality of the renovation we are doing, combined with the extremely attractive location, we expect the remaining apartments will not stay on the market for long." Prices for Salgados Flamingos start from EUR 330,000 (fully furnished and equipped), with a fully renovated show apartment available for viewing.
Kronos Homes is a developer under the Kronos Real Estate Group, focused on residential projects with a strong emphasis on architecture and design. Established in 2015, the company aims to lead the Spanish and Portuguese markets. In 2023, Kronos Homes significantly expanded its portfolio in Portugal, acquiring an additional 750 completed properties and 425 units still under development, representing over EUR 1 billion in property acquisitions, primarily in the Algarve. Kronos Homes now manages the resort of Vale do Lobo and the real estate sales for Salema Beach Village, Monte Santo Resort, and Flamingos Salgados.
All Kronos Homes projects are characterized by high quality, viewing architecture as a transformative force that enriches society. For this reason, projects are designed by esteemed architects and innovative talents. Kronos Homes embodies pure design, with sustainability and integration as key priorities. The company's values emphasize responsibility, rigor, and a commitment to customer service to ensure client satisfaction at every project stage.
In conclusion, Flamingos Salgados offers a unique blend of luxury living and natural beauty, making it an attractive option for both homebuyers and investors. With its prime location and high-quality finishes, these residences are expected to sell quickly as the launch date approaches.
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