Apartment for sale in Albufeira

Albufeira e Olhos de Água

96 500 €

Buy
id. 123561032-405

31 m²

- -

1

C

Description

T0 apartment located in the center of Albufeira, 5 minutes from the beach!

I present a beautiful T0 apartment, located on the 3rd floor (with elevator), furnished and equipped, inserted in a 4-star tourist development, located in a privileged area of Albufeira and 5 minutes from the beach.

Comprising kitchenette, bathroom and living room with balcony, with beautiful views of the pools and garden. Ideal for enjoying your holidays in the Algarve.

This apartment IS NOT available for TOURIST EXPLORATION, which is a very FAVORABLE factor for those who want to buy!! And if you want to explore tourism, you can do it whenever you want with a condominium.

Whoever buys the apartment has the right to enjoy access to all services available at the Hotel, such as restaurant and bar, outdoor and indoor pool, jacuzzi, mini golf, tennis, multipurpose court, health club, gym, games room , live music, shows, hairdresser, shops, 24-hour reception, car park and Tesla charging station.

The property is close to all services, such as: pharmacies, banks, finance, post office, supermarkets, restaurants and shops.

IMI: €122.33 (annual)

Condominium: €42.00 (monthly)

1st Option:
Make the exploration contract with a condominium and receive the income from the T0 is €2,625/year, including water, electricity and maintenance. The owner has a 20% discount on restaurants, bars and events and 15 days free accommodation in an apartment during low season and according to availability. The condominium and reserve fund amount to €42/month.

2nd Option:
Temporary operation: If you only want to operate temporarily, the hotel will pay 40% of the amount invoiced during the temporary period. You will also have to install or ask the hotel to do this for €500, the electricity meters, hot and cold water, only paying for consumption. Pay €42/month for condominium fees and reserve fund. You will also have a 20% discount in bars, restaurants and events organized by the hotel. Water and electricity and maintenance of the apartment during the rental period are free of charge.

3rd Option:
Who doesn't want to hand over for full or temporary exploitation. Those who wish not to do any exploration will have to install or ask the hotel to do so for €500, electricity meters, hot and cold water, only paying for consumption. There is a fee of €100/month for not delivering to the farm and €42/month for condominium fees and reserve fund. They will also have a 20% discount in bars, restaurants and events organized by the Hotel.

For more information or to schedule visits, contact me!!

Details

Private Gross Area m²31
Gross Area m²- -
Total Lot Size m²- -
Living Area m²31
Bedrooms0
Construction Year2003
Floor3rd Floor
WC/Bathrooms1
ElevatorYes
Parking1 Place
Electric Cars ChargingNo

Energetic details

Energy efficiency

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Map

Attributes

Beach
Furnished
Urban
Close to Public Transportation
Air Conditioning
Exterior Views
Swimming Pool

Rooms

Living Room Kitchen
Credit Simulation
Listing Price
96 500 €
Initial Value
Duration (Years)
30 years
Monthly Payment (*)
0

(*) The monthly instalment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), notwithstanding a more complete and detailed financial analysis! Powered by Max Finance - Intermediários de Crédito, Lda The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own financing policies and conditions and is not linked to the results of this simulation.


https://www.maxfinance.pt/informacao-relativa-a-atividade-de-intermediacao-de-credito

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