Portimao Hotel | 280K Golden Visa Touristic Property This brand new development is located in Central Portimao in the Algarve Southern Portugal. Just streets from the main football stadium, the Museum of Portimao, and only 8-minutes from the well-known Praia da Rocha beach and the Marina. Known as the main commercial hub of the Western Algarve and the most populated town of the Algarve, this is a great place to invest! The Hotel features a stunning pool area surrounded by gardens and a restaurant. This new development is fully licenced under the new 2022 regulations for the Algarve. Investment Details: 2 x rooms purchased for the 280,000€; Freehold; Guaranteed 5% net yield for the first 5 years; Guaranteed Buyback; Fully Furnished; The city of Portimao, formerly known Vila Nova de Portimao, is situated in the district of Faro, in the Algarve region of southern Portugal; exploring this old fishing and shipbuilding town will be a breeze to experience. The city offers plenty of leisure activities, historical monuments, beautiful landscapes, and immense sunshine! Depending on what you wish to do, there is an activity for all, from adventure and watersports that are vastly popular in the Algarve region, to full relaxation activities such as shopping, light sightseeing, and indulging in the delicious, and fresh seafood and fish cuisine, the city of Portimao has to offer. You will be bound to love the area of Portimao, whether it be for a weekend escape in the sunny Algarve or settling down in this coastal region of Portugal permanently!

PW2754

* Beds: 1
* Baths: 1
* m2: 2,956
* Price Per m2: 94.72€
* Type: Commercial
* Property ID #: PW2754