2 Bed Townhouse for sale
Vila do Bispo, Vila do Bispo, Algarve, Portugal
Full Description
The Pinewood properties are linked townhouse properties, each with their own private heated swimming pool and garden situated along the edge of a wooded area and positioned centrally to all the resort facilities. The pinewood houses are for families who enjoy a certain isolation but at the same time want to maintain proximity of leisure and entertainment attractions of the resort.
The resort features a 37 bedrooms five star hotel, a selection of restaurants, bars, 4 swimming pools, tennis courts, cinema room, children's playground, playrooms and many others only a few minutes walk to the beach and the local village.
These properties are on a buy to let basis with an Annual Rental Income of 3% of the property purchase price for the first 6 yrs. The hotel provides the furniture and rental pack and will cover the insurance, condominium, utilities, outgoings maintenance until the end of the lease. The owners are entitled to 2 weeks per year between November and March.
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