Portugal - Faro - Albufeira - Albufeira - Apartment - T1 - For sale - IB00093 - Fantastic investment opportunity with 4% return per year guaranteed. T1 at hotel Paraíso de Albufeira

REF: IB00093

Sale price 200 000 €

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Fantastic investment opportunity with 4% return per year guaranteed. T1 at hotel Paraíso de Albufeira

Fantastic investment opportunity with 4% return per year guaranteed. T1 in the hotel Paraíso de Albufeira
Apartamentos T1 from 200.000€
In the heart of the city of Albufeira is the Paradise of Albufeira,
with decorated environments and designed for a perfect family holiday, surrounded by all the
intense life proper to a large tourist city.
Enjoy and feel life surrounded by comfort and ample spaces, in one of
the most charismatic and famous hotel units in the Algarve, Paraíso de Albufeira!
The Hotel Apartamento Paraíso de Albufeira is an excellent 4-star tourist resort
located in the prime area of the city of Albufeira.

All apartments have:
• Wc complete with stone countertop, 1st line crockery;
• Kitchenette equipped with stove of 2 glass ceramic plates, oven, smoke extractor, refrigerator, crockery, cutlery and other accessories for four people;
• Grand lounge with balcony;
• Double glazing;
• Satellite TV, ambient music, telephone with network access, air conditioning, safe and fire detector.

Leisure areas:
• Large circulation areas between the apartments;
• Wide and welcoming reception;
• Games room;
• Bar:
• Dancing bar;
• Bar de picina;
• Restaurant;
• Snack bar;
• Coffee shop;
• Banquet room;
• Conference room;
• Meeting room;
• Outdoor pool with barbecue;
• Heated indoor pool;
• 2 tennis courts;
• Sauna;
• Jacuzzi;
• Gym;
• Turkish/Scottish Bath;
• Bodybuilding;
• Aerobics;
• Green areas;
• Lakes and water routes;
• Parking lots.

Empreendimento Paraíso de Albufeira, is a building with tourist utility license, and thus, there are two ways of selling or purpose of purchase:
• For Vacation of the owner himself;
or
• For Income (given to the holding), delivering the apartment to the entity
that operates the hotel and in return receives a yield of 4% per year on the purchase
value of the property. The title or contract of operation is made after the deed of the
apartment.
Property Features
  • Air conditioning
  • Fitted wardrobes
  • Equipped kitchen
  • Safe
  • Pool
  • Proximity: Airport, Beach, Golf course, Shopping, Restaurants, City, Open field, Hospital, Pharmacy, Public Transport, Schools, Playground
  • Garden
  • Tennis Court
  • Jacuzzi
  • Garage
  • Furnished
  • Built year: 2001
  • Laundry
  • Drive way
  • Kitchenette
  • Views: Sea views, Countryside views, City view, Pool view, Urbanization view, Beach view, Garden view
  • Security alarm
  • Lift
  • Double glazing
  • Electric garage gate
  • Main drainage
  • Walking distance to beach
  • Gym
  • Central location
  • Parking space
  • Barbecue
  • Solar orientation: South, East
  • Mains water
  • Balcony
  • Renovation year: 2008
  • Rental licence

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