W Residences launches in Algarve
A luxury beachfront condominium project on a 250,000 m2 beachfront site close to Albufeira is to be officially launched on 20 May.
W Algarve Residences, developed by Nozul Algarve S.A. and marketed and commercialised by Savills, features 95 residences with 134 rooms. The project is slated to open in 2020.
It will be the first W Residences project in Europe to feature all the amenities and services expected from the brand W Hotel including its exclusive Whatever/Whenever service and instant access 24-hour concierge, round-the-clock in-room dining, laundry and dry cleaning services.
The Algarve development will bring the total number of W Residences around the world to 18, with residences in the US, China, UK, Bali, Israel and Turkey.
W Residences Algarve consist of one, two, three and four bedroom apartments boasting best-in-class design and second-to-none ownership perks.
The living quarters are kitted out with high-quality fittings inspired by the Algarve local area, most have seafront views and all have unparalleled services and amenities.
Owners are invited to make the W. Hotel’s ‘electric approach’ to life their own in a calming and charming beach location.
W Hotels and W Residences is a brand owned by the luxury hotel chain Marriott International with the W Hotels generally marketed to a younger age group than their other upscale properties.
As of 2017, W operates 52 hotels in 25 countries and is continuing to expand both in the United States and internationally.
Many W hotel properties are co-located with luxury apartments. This was to be the case for the Algarve in 2016, but the Marriott has since opted solely for the W Residences Algarve option for the time being.
These residences are also marketed towards a younger, more affluent demographic and are centred around the concept of showcasing the best features of their respective locations.
Ali Jaidah, CEO of Nozul Algarve S.A. said in 2016, “We are proud to increase our presence in Europe through the opening of W. Algarve Residences in the perfect place for those who love sun and sea.
“Portugal is a destination blessed with a magnificent coastline bathed in all-year-round sun and W Residences Algarve will become a new destination and create employment opportunities in the region.”