Kronos Homes’ Palmares is redefining luxury and nature through award-winning architecture, that aims for authenticity and is inspired by the philosophy of good living.
Palmares, Ocean Living & Golf is a 200-hectare resort with beach, 27-hole golf course, hotel, villas and apartments. The project foresees the construction of 460 units, of which 103 will be exclusive villas and 357 apartments, but with a construction density of only 5.7%.
The Masterplan of Palmares was defined to preserve and increase the value of the resort by honouring the area’s natural beauty and panoramic ocean views. The large natural amphitheatre, descending from 70 metres to sea level enables spectacular views from all parts of the resort towards the golf, Meia Praia beach and to the estuary of Alvor.
As in all its projects, Kronos Homes chooses a differentiating concept using a unique and innovative architecture in the design that aims for authenticity and is inspired by the philosophy of good living. At Palmares, one will find the true essence of Ocean Living with Kronos Homes merging architecture, unique design and luxury into one place.
The careful consideration given to the natural location of every building made RCR Arquitectes, winners of the 2017 Pritzker Prize, the world’s most prestigious architecture award, the obvious choice to develop the first apartments at Palmares and to design some of the Villas.
With panoramic sea views, restaurants, golf club amenities and full concierge services, the Palmares Clubhouse will soon become the heart of the resort and a meeting point for both visitors and property owners. It is due to open in autumn this year and has also been designed by RCR Arquitectes.
The Resort includes two five-star hotels — one already in operation (The Palmares Beach House Hotel) and one — of an international brand — under development with 152 rooms & branded residences. There will also be an important set of sports and leisure facilities adding to the existing resort facilities. Overall, the investment in Palmares Resort represents circa €250 million.
Real Estate at Palmares
Whether for a permanent residence, an ideal holiday home or a rental investment, Palmares truly represents one of the last opportunities to own a resort property in the Algarve within walking distance to the beach. Clients can choose from Apartments, turnkey villas or premium plots for bespoke villas.
The recently launched Palmares Signature Apartments — already under construction — will be sold fully furnished and equipped. Prices start at €390.000 for a one-bedroom unit and €705.000 for a three-bedroom. All units include two garage places, storage area and stunning views to the ocean. The show apartment is now available for private viewings.
There are also exceptional plots for detached villas with panoramic golf and ocean views. Plot areas are from 2.400sqm with construction areas from 340sqm to 500sqm (not including terraces, balconies, garage or storage room). Prices start at €750.000 for the plot.
Turnkey villas by RCR Arquitectes are also available in premium plots with prices from €3.400.000. The show villa will be ready by summer 2021.
Palmares, Ocean Living and Golf Resort is an ideal place to experience the Algarve in a unique and privileged way.