Two and three-bedroom apartments on the 12th fairway of the golf course at Vale do Lobo, right, on the Algarve in Portugal are being offered at prices starting from €553,000 through Hamilton Osborne King.

The Margarida Apartments are being built in blocks of six or 12 apartments, and each will have its own private garden with a private pool or Jacuzzi, according to the agent. The development is being sold from plans: after paying a 10 per dent deposit, no payments are due until the properties are built by mid to late 2007.