Hotel apartments in a picturesque area near the beach
Portugal, Algarve
ID PRT59369
Object sold
Hotel apartments in a picturesque area near the beach
€400,000
66 m² • €6 061 m²
Portugal, Algarve
66 m²
1 bed
1 bathroom
ID PRT59369
Cost
| Property cost | €400,000 |
| Price for m2 | €6,061 |
| Purchase taxes | IMT - 8%; IMI - 0,3-0,8% |
| State fees | 0,8% |
| Maintenance cost | first 6 years free |
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Distances
Ocean 500m
Airport 67km
Infrastructure 500m
Yield and management
| Yield | 3% |
| Property management | Yes |
Description
For sale are apartments in a hotel located in the Portuguese village of Alvor, municipality of Portimão. The facility is built in close proximity to the most attractive places: just 1.5 km from the center of the village of Alvor and from several golden sandy beaches of the Algarve, namely Praia do Alvor and Praia da Rocha, 500 m from public transport and 67 km from Faro International Airport (Algarve). In addition to long sandy coastlines and stunning Algarve beaches, the hotel is surrounded by beautiful green landscapes and views of the Ria de Alvor Natural Reserve.
We offer elegant, spacious apartments with an abundance of natural light from 66 sqm with 1 bedroom (with kitchenette and pool view).
It is possible to live in the apartment for 3 weeks a year for free, 3% guaranteed income annually. Interest is paid for 6 years immediately after registration of ownership. There is no service charge.The property is eligible for the €400,000 option.
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Real estate
| Object type | Hotel complex, Apartments |
| Object category | New house |
| Object stage | Ready |
| Permits | On hand |
| Design features | Ownership |
| Possibility of stay | 3 weeks a year for free |
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Characteristics
| Total area | 66 m² |
| Number of storeys | 4 |
| Floor | 1, 2, 3 |
| Bedrooms | 1 |
| Baths | 1 |
| Parking type | |
| Number of parking spaces | |
| View | city, pool, garden |
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Equipment
Properties
Elevator
Balcony
Public pool
Garden on the plot
Internet
TV
Location
Object sold
€400,000
66 m² • €6 061 m²
This property has been sold but we can help you find another one.
Zlata Erlach investmentprograms 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 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
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