Managed by

To find out more call (00) +351 282 380 560 Or visit our Real estate office or valedoliveirasresort.com

Vale d’Oliveiras Quinta Resort & Spa, Barranco Fundo – Apartado 79, 8401-904 Carvoeiro, Algarve, Portugal

Fax: (00) +351 282 353 740 info@valedoliveiras.pt

Vale d’Oliveiras

What makes the perfect home in Portugal?

What pieces need to fit together to offer a personal paradise?

Whatever they are, you’ll find them here.

Welcome to Vale d’Oliveiras.

Vale d’Oliveiras

Frequently asked questions

Frequently asked questions

Fractional quarter share is made for people who would like their own luxury holiday home, but don’t want the hassle and expense of buying real estate they can only use a few weeks at a time.

However, they do want the value, equity and other associated benefits.

At Vale d’Oliveiras you are purchasing a registered right to occupy your chosen Apartment for up to 13 weeks each year, for a period of 30 years.

You’ll be entitled to receive a 25% share of the net proceeds of sale at the end of that period.

Each party occupies the Apartment for up to 13 weeks per year. (Maintenance weeks are also scheduled within the annual calendar.)

Plus, you only pay a small percentage of what a freehold unit may cost. Here’s your chance to understand how this popular concept works in more detail.

Q. What is the concept of Fractional quarter share?

A. Fractional quarter share at Vale d’Oliveiras allows you to enjoy a share in a fully furnished luxury Apartment with full access to all the facilities at the resort and a full housekeeping, maintenance and rental service.

The Apartment is yours to enjoy for 30 years, at the end of this period it will be marketed and the net proceeds of the sale divided equally between the 4 shareholders.

Your exclusive Rights of Occupancy will be registered in your name at the Portuguese Land Registry. Your right to a 25% share of the net proceeds of sale will be secured by a charge over the property granted by the resort owners in your favour. This is also registered at the Portuguese Land Registry Office.

Q. What are my ongoing costs?

A. There is an annual service charge for the maintenance of your Apartment, which covers:

- Weekly servicing

- Repairs and maintenance including fixtures and fittings

- Maintenance and development of the grounds

- External maintenance and painting

- Replacement when required of all electrical appliances, furnishings, crockery and cutlery

- Access to all the on-site leisure facilities (excluding charged events and activities)

- Insurance of the Apartment and all its contents

- All local rates and charges

- Reception and security services

- Electricity

- Water

Q. Who looks after my interest?

A. Macdonald Hotels and Resorts are a UK-based hospitality company with many years of experience in the resorts field. They currently look after over 800 holiday homes in 10 luxury resorts around Europe. Not to mention, 45 hotels throughout the UK, from boutique hotels to castles and country houses.

Q. When can I use the Apartment?

A. There is a full calendar of dates for each Fractional period. Over a four-year period you will have access to each week of the year. Macdonald Hotels and Resorts also offers an exchange facility for those who would like to visit the resort outside of their allocated weeks in any year.

Q. Can I use my time at other resorts?

A. Yes. Vale d’Oliveiras is affiliated to Interval International, a recognised world-leader in arranging exchange holidays for home owners. They make it easy for you to spend time at a vast network of over 2,800 resorts in more than 70 countries.

Q. Can I rent my allocated time in the Apartment?

A. Macdonald Hotels and Resorts offer a rental service or you can rent out space privately or through other service providers. We also offer the opportunity to use renting to help offset your annual maintenance fee should this appeal.

Q. Can I sell my interest in the Apartment?

A. You are free to sell at any time. Macdonald Hotels and Resorts will be happy to offer you a re-sale service or you can use an estate agent or sell privately. At the end of the 30-year term, the resort owners will appoint an agent to sell your interest in the property. Net proceeds from the sale will then be distributed to the Fractional quarter share owners.

Q. Do we get any other benefits at Vale d’Oliveiras?

A. You will receive a VDO Benefits card which you can use around the resort to gain discounts off a range of facilities and services, such as food and beverage, spa, tennis etc.

Q. Can we rent additional space at Vale d’Oliveiras?

A. Yes, you will be entitled to rent additional space at preferential rates throughout the year.

Managed by

To find out more call (00) +351 282 380 560 Or visit our Real estate office or valedoliveirasresort.com

Vale d’Oliveiras Quinta Resort & Spa, Barranco Fundo – Apartado 79, 8401-904 Carvoeiro, Algarve, Portugal

Fax: (00) +351 282 353 740 info@valedoliveiras.pt

Vale d’Oliveiras

What makes the perfect home in Portugal?

What pieces need to fit together to offer a personal paradise?

Whatever they are, you’ll find them here.

Welcome to Vale d’Oliveiras.

Vale d’Oliveiras

Frequently asked questions