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500 000 €

Hotel in Algarve, Portugal, 105 sq.m

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  • Hotel in Algarve, Portugal, 105 sq.m - picture 1
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  • Hotel in Algarve, Portugal, 105 sq.m - picture 1
  • Hotel in Algarve, Portugal, 105 sq.m - picture 2
  • Hotel in Algarve, Portugal, 105 sq.m - picture 3
  • Hotel in Algarve, Portugal, 105 sq.m - picture 4
  • Hotel in Algarve, Portugal, 105 sq.m - picture 5
  • Hotel in Algarve, Portugal, 105 sq.m - picture 6
  • Hotel in Algarve, Portugal, 105 sq.m - picture 7
  • Hotel in Algarve, Portugal, 105 sq.m - picture 8
  • Hotel in Algarve, Portugal, 105 sq.m - picture 9
  • Property ID on Prian.info: 3478481
    Last update: 24.09.2023
    Number of views: 7487

500 000 €

Hotel in Algarve, Portugal, 105 sq.m

105 sq.m 5% per year
Residence Online Viewing Remote Transaction

  • Property ID on Prian.info: 3478481
    Last update: 24.09.2023
    Number of views: 7487

Specifications

Sale price 500 000 €
Price per square meter 4 761.9 €
Floor area 105 sq.m
Construction phase Off-plan
Facility completion deadline 2023
Number of storeys 2
Floor 1
Parking 1 place

Additional services

  • Residence permit upon purchase
  • Property management company
  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 5 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Business expenses
Not included in the price
Possible payment by installments
Contract period from 1 for 2 years
Maintenance
Operating expenses 270 €

Description

Profitable object suitable for investment residence permit * Golden visa* with subsequent citizenship!

Luxury apartment with two bedrooms and a terrace in a tourist complex in the Algarve.

The design of the apartments creates a sense of privacy and shelter from the demanding urban lifestyle.

All apartments on the ground floor have a private garden of 35 m2.

Carefully designed interiors with individual finishes using natural and environmentally friendly materials. And the true and long-term benefit lies in extensive creative design and mastery of the use of simple materials.

The complex organically combines home comfort with the services of world-class hotels. Ideally located! Each apartment is sold with a service contract by a well-known brand providing high-end rental services, creating recognition and prestige to maximize the future value of the property. The complex provides services of a Bar and Restaurant, gym, swimming pools, parking, as well as transfers to golf courses and beaches.

Investors can occupy their apartments seasonally or all year round, and use all the services and amenities of the resort.

Excellent location, just a few minutes drive to golf courses and beaches, beautiful panoramic views, and the possibility of living or earning income from renting - make your investment especially profitable and unique!


Representative

Olga
Languages: english
Show phone number

Company