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1 Bed Apartment for sale

Portimao, Algarve, Portugal

£239,132 *  [€280,000]

1 Bed Apartment for sale

Portimao, Algarve, Portugal

£239,132 *  [€280,000]

Property Details


  • Bedrooms: 1
  • Bathrooms: 1

Features


  • 280k Golden Visa
  • Buy Back
  • Fully managed
  • Hotel Resort
  • Rental Guarantee

Full Description


280k Golden Visa Investment with Rental Income and Buy Back Option

This price is for 2 units within a 4 Star Apartment Hotel Resort on the Algarve.

* 2 x rooms purchased for the 280,000€;

* Freehold;

* Guaranteed 5% net yield for the first 5 years;

* Guaranteed Buyback;

* Fully Furnished;

The only 4-Star hotel in the central Portimao area, with no higher-rated hotel around. Located in a Restaurant/Bar area, with a stunning outside space and pool.

The 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!

* Beds: 1
* Baths: 1
* District: Portimao
* Type: Apartment, Commercial
* Property ID #: PM280

Map may not show exact location

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*Based on an exchange rate of 0.854 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.