Apartments in a hotel complex in the central part of the Algarve

Apartments in a hotel complex in the central part of the Algarve
,
ID – 54361
Price
from 534 000 €
Size
from 66 m²
Beds
1-3
Bathrooms
2-3

Price

Selling price 534 000 € - 2 211 000 €
Cost m² 11 951 € - 8 091 €
Purchase taxes IMT - 6-8%; IMI - 0,3-0,8%
State fees 0,8%

3km

to the ocean

18km

to the airport

50m

infrastructure

Profitability and management

Real estate yield (year) 4%
Property management Yes

Assistance in the sale of the object upon exiting the investment!

Description

The project is represented by a hotel complex that takes center stage in the luxury resort of Quinta do Lago, an award-winning golf, leisure and lifestyle estate located in the heart of the Algarve. The estate is part of the protected coastal lagoon of the Rio Formosa Natural Park, surrounded by 60 km of natural beauty that supports an active and healthy lifestyle.

The hotel consists of 132 private apartments with 1, 2 and 3 bedrooms. All apartments have a spacious balcony or terrace, a fully equipped kitchen, 1-2 dedicated parking spaces and a storage space. All apartments are refurbished in 2021, designed to the highest standards, with textured wall coverings, high-quality cotton linens, contemporary furnishings, and the latest Wi-Fi and entertainment system. Each living room has a convertible sofa bed and a fully equipped kitchen with a dishwasher, microwave and espresso machine. Each bedroom has an ensuite bathroom and an additional toilet with shower, ideal for families.

Enjoy hotel life, with a spacious gym, exclusive spa with heated indoor pool, jacuzzi, steam room and sauna, kids club, dedicated residence concierge and many other 5-star services. Enjoy a lunch that focuses on the quality and freshness of the ingredients.

The owner can use his property up to 12 weeks a year during the high, mid and low seasons. The rest of the time the apartments will be given to the rental pool.

Guaranteed net rental income is 4% for 5 years.

Ownership Benefits:

  • 10-20% discount in all restaurants, bar and spa of the hotel.
  • Free use of indoor and outdoor pools, sun loungers, gardens, towels.
  • Free use of selected spa services: saunas, jacuzzi and Turkish bath.
  • Free use of the gym.
  • Free use of the kids club.
  • Parking
  • Special rate for residents at the Quinta do Lago golf course (North, South and Laranjal).

The property

Object type Hotel complex, Apartments
Object category New house
Object stage Ready
Permits On hand
Year of construction 2021
Design features Ownership
Possibility of stay 12 weeks a year

Characteristics

Total area 66 m² - 185 m²
Number of storeys 2
Floor 1, 2
Living space 66 м² - 185 м²
Bedrooms 1-3
Baths 2-3
Parking Yes
Parking type Open
Number of parking spaces 1-2
Repair Standard
Furniture Furnished
View forest, pool, garden

Equipment

Properties

Balcony Сovered deck Public pool
Pantry Concierge desk SPA
Gym Kids club Sauna
Garden on the plot Security Terrace
Internet TV

Location

,

Similar offers

896 051 € - 1 772 133 €

Commercial premises in a residential complex with infrastructure

389 000 € - 668 000 €

Elegant apartments in the historic area of Porto

400 000 €

Hotel apartments in a picturesque area near the beach

Thank you, we've received your message.

We have received your message and will contact you within 2 hours. If you would like a faster response please give us a call:

We will help you choose the best option real estate to get citizenship by investment

Read more about the processing of your personal data
in Privacy Policy Immigrant Invest

Svetlana
Gorchakova

Sales Director

Schedule a viewing

Read more about the processing of your personal data
in Immigrant Invest Privacy Policy