Unique 1-Bed apartment in premium resort and 5% rental Income

Apartment in Portimao, Western Algarve
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Quick Summary

Reference:
VMP-T1V
Region:
Western Algarve
Location:
Portimao
Price:
€ POA
Property Type:
Apartment
Built Area:
83 m2
Plot Size:
m2
Bedrooms:
1
Bathrooms:
1
Pool:
Communal
Airport:
50 km
Golf:
3 km
Beach:
0,5 km

Property Description

Unique opportunity to purchase a hassle-free 1-bedroom apartment in a modern premium resort located in the heart of Portimão, complete with full-service amenities and low condominium fees. Every detail is handled for you, offering a truly stress-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
  • garage
  • jacuzzi
  • luxurious spa with indoor pool
  • mains water
  • parking area
  • private parking space
  • sauna
  • sea views
  • solar panels
  • storage room
  • terrace

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