Hotel apartments with guaranteed yield

Portugal,
ID PRT58316
from 83 m²
1-2 beds
1 bathrooms

Price

Prices 300 000 € - 600 000 €
Price m2 4 348 € - 3 614 €
Purchase taxes IMT - 6-8%; IMI - 0,3-0,8%
State fees 0,8%
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Distances

1km to the ocean
73km to the airport
Infrastructure within a radius 200m

Description

For sale are spacious apartments in a hotel located within walking distance from the popular beach of Praia da Rocha. The hotel offers beautiful views of the village of Ferragudo, the city of Portimão and the Serra de Monchique. The nearest international school is located 16 km from the hotel.

For sale are 9 1-bedroom apartments for €300,000 (€275,000 for an apartment and €25,000 for a set of furniture and finishes) and 2 apartments with 2 bedrooms for €600,000 (€560,000 for an apartment and €40,000 for a package furniture and decoration). The project is eligible for the €400,000 option.

– Less than 5 minutes to restaurants, pharmacies, supermarkets and services;
– 5 minutes walk to the Parc Infantil e Desportivo;
– 11 minutes walk to the Marine Club of Portimão;
– 14 minutes walk to the Casino Hotel Algarve;
– 15 minutes walk to Praia da Rocha;
– 15 minutes walk to Marina de Portimão.

The hotel also has several swimming pools, a gym, restaurants and a children’s area.

This apartment is an excellent choice for holidays and investment (10-year management contract). With the guaranteed rental option, the owner can live free of charge in the apartment 7 days a year for the duration of the contract, while the client does not receive rental income during the period of stay in the apartment.

Years 1 to 5: 4% return on total investment
Years 6 to 10: 5% return on total investment

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Real estate

Object type Apartments, Hotel
Object category Resale property
Object stage Ready
Permits On hand
Year of construction 2004
Design features Ownership
Possibility of stay 7 дней в году
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Characteristics

Total area 110 м²
Total area 83 m² - 138 m²
Number of storeys 5
Bedrooms 1-2
Baths 1
Parking Yes
Repair Standard
Furniture Furnished
View city, pool, garden
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Equipment

Split system conditioning

Properties

Elevator
Balcony
Public pool
Pantry
Gym
Kids club
Garden on the plot
Internet
TV
Restaurant

Location

Object sold
from 300 000 €

from 83 m² • from 4 348 € m²

Zlata Erlach investment
programs expert
Portugal Golden Visa

Real estate is eligible for participation in the program and obtaining a residence permit in Portugal.

Immigrant Invest is the official representative of the program.

€250,000+ Investment amount
2-6 months Obtaining period
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Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

Zlata Erlach Caribbean Investment Program Expert
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Svetlana
Gorchakova

Sales Director

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