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500 000 €

Apartment in Algarve, Portugal, 107 sq.m

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  • Apartment in Algarve, Portugal, 107 sq.m - picture 1
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  • Apartment in Algarve, Portugal, 107 sq.m - picture 1
  • Property ID on Prian.info: 3341407
    Last update: 28.03.2023
    Number of views: 1172

500 000 €

Apartment in Algarve, Portugal, 107 sq.m

107 sq.m 2 1 1

  • Property ID on Prian.info: 3341407
    Last update: 28.03.2023
    Number of views: 1172

Specifications

Sale price 500 000 €
Price per square meter 4 672.9 €
Floor area 107 sq.m
Floor 1
Total number of rooms 2
Number of bedrooms 1
Number of bathrooms 1
Construction phase Off-plan
Facility completion deadline 2022

Description

Spacious 1 bedroom apartment owned by Viceroy Residences located in the exclusive Ombria Resort.

The apartment has two separate outdoor areas: covered terraces with a total area of ​​16 sq.m and an open terrace of 4 sq.m.
This luxurious apartment with high quality finishes emphasizes the patterns and textures of local natural materials, and also has double glazing, underfloor heating, air conditioning, video surveillance and 24-hour security at the resort.
There is also an 18-hole golf course, spa, wellness and sports facilities at Ombria Resort.

Guaranteed income from 5%, you can use the apartment for up to ten weeks a year.

Viceroy Residences at Ombria Resort consists of 65 apartments spread over 18 buildings around a central square with restaurants and lounges.

Ombria Resort is a unique resort surrounded by an authentic natural landscape, 150 hectares. This resort, in addition to the Viceroy Residences at Ombria Resort, will have a 5-star hotel operated by Viceroy Hotels and Resorts, 6 restaurants, spas, kids' clubs and convention centers, and even an observatory.

Ombria Resort enjoys a privileged location, approximately 20 minutes' drive from Faro Airport and several beaches. It offers easy access to the A22 motorway (connecting to Lisbon or Spain).

Immerse yourself in a new way of life in the Algarve, with all the luxury but in nature!

This type of property is suitable for applying for a Golden Visa and obtaining Portuguese citizenship. Portugal Property Advisor will help you choose the best option and provide comprehensive information on the process of obtaining a Golden Visa through investment in this property.




Cost of accomodation in Algarve

Cost of accomodation in Algarve
Restaurants
Cappuccino (regular) 2.01 €
Coke/Pepsi (0.33 liter bottle) 1.64 €
Domestic Beer (0.5 liter draught) 2.00 €
McMeal at McDonalds (or Equivalent Combo Meal) 5.95 €
Meal for 2 People, Mid-range Restaurant, Three-course 38.00 €
Meal, Inexpensive Restaurant 12.00 €
Water (0.33 liter bottle) 0.95 €
Imported Beer (0.33 liter bottle) 3.25 €
Markets
Apples (1kg) 0.95 €
Banana (1kg) 1.00 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 9.50 €
Bottle of Wine (Mid-Range) 4.00 €
Chicken Fillets (1kg) 5.00 €
Domestic Beer (0.5 liter bottle) 0.92 €
Eggs (regular) (12) 1.82 €
Lettuce (1 head) 1.00 €
Loaf of Fresh White Bread (500g) 1.46 €
Local Cheese (1kg) 10.00 €
Milk (regular), (1 liter) 0.81 €
Onion (1kg) 1.80 €
Oranges (1kg) 1.25 €
Cigarettes 20 Pack (Marlboro) 5.00 €
Potato (1kg) 1.28 €
Rice (white), (1kg) 1.00 €
Tomato (1kg) 2.11 €
Water (1.5 liter bottle) 1.02 €
Imported Beer (0.33 liter bottle) 1.00 €
Transportation
Gasoline (1 liter) 1.79 €
One-way Ticket (Local Transport) 1.68 €
Taxi 1hour Waiting (Normal Tariff) 15.00 €
Taxi Start (Normal Tariff) 2.50 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26 000.00 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 29 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 1 100.00 €
Apartment (1 bedroom) Outside of Centre 763.92 €
Apartment (3 bedrooms) in City Centre 2 205.27 €
Apartment (3 bedrooms) Outside of Centre 1 281.90 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 18.50 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 100.00 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 32.00 €
Sports And Leisure
Cinema, International Release, 1 Seat 7.00 €
Fitness Club, Monthly Fee for 1 Adult 34.50 €
Tennis Court Rent (1 Hour on Weekend) 10.00 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 71.39 €
1 Pair of Men Leather Business Shoes 70.51 €
1 Pair of Nike Running Shoes (Mid-Range) 72.35 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 37.45 €
Childcare
International Primary School, Yearly for 1 Child 12 300.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 350.00 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 3 100.00 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 1 040.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.38 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

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