Luxury 1-Bed apt in premium resort and 5% guaranteed rental Income

Apartment in Portimao, Western Algarve
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Quick Summary

Reference:
VMP-T1L
Region:
Western Algarve
Location:
Portimao
Price:
€ 500 000
Property Type:
Apartment
Built Area:
83 m2
Plot Size:
m2
Bedrooms:
1
Bathrooms:
1
Pool:
Communal
Airport:
50 km
Golf:
3 km
Beach:
0,1 km

Property Description

Take advantage of the opportunity to own a hassle-free 1-bedroom apartment in a modern, upscale resort in the heart of Portimão, featuring full-service amenities and low condominium fees. Every aspect is taken care of, providing you with a completely worry-free ownership experience. The resort operates under a tourism license, providing professional property management services, ensuring that owners can either enjoy their unit personally or generate income through rentals. Investors have two flexible options: a fixed guaranteed return of 5% per annum, or a performance-based model with significant revenue potential when the unit is managed through the resort’s hotel services. Located just 500 metres from the lively Marina and the stunning Praia da Rocha beach in Portimão, the resort offers breathtaking views of the Arade River, Portimão Marina, and the Atlantic Ocean. The recently renovated T1 apartments are fully equipped with modern conveniences, including open-plan kitchens, sleek new bathrooms, air conditioning, top-tier appliances, and high-quality furnishings. Each unit is tastefully decorated in warm, sunny tones and features a spacious wardrobe along with a furnished balcony offering panoramic views of the pool and the ocean. Immerse yourself in a life of relaxation and comfort in a resort designed to inspire all your senses. Energy certificate class C.

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Property Features

  • 24-hour reception
  • 5% rental Income
  • air conditioning
  • basement
  • communal garden
  • communal swimming pool
  • double glazing
  • fully furnished
  • fully renovated
  • games room
  • gymnasium
  • infinity pool
  • jacuzzi
  • luxurious spa with indoor pool
  • mains water
  • private parking space
  • sauna
  • sea views
  • storage room
  • terrace

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