An excellent option for an All-Inclusive sunny holiday offering a relaxed atmosphere with nothing to worry about.
ABOUT THIS PROPERTY:
✓ Fully operational 4-Star Apartment Hotel
✓ 160 Rooms
✓ All Inclusive Resort
✓ Located in Alvor, Algarve
✓ 280,000 EUR Refurbishment Category
✓ 80 Units = 160 Studios
✓ 1 Unit (50sqm) contains 2x Studios (25sqm)
✓ Prices = EUR 280k-300k
✓ Full title Deed – Apartment Hotel
✓ Buyback Guarantee Year 6 (Optional for Investor)
✓ Years 1-2 = Refurbishment works
✓ Guaranteed Rental Paid Upfront
✓ Rental from Years 6-10 = 50/50 Shared Pool
✓ Investor can stay 2 weeks per year for free
Situated roughly halfway between Portimão and Lagos is the pretty harbour village of Alvor. Given its position on the Algarve the village is remarkably unspoiled with the old village retaining much of its charm. Alvor is a45minute drive from the international airport of Faro.
Location of the property
Portugal’s southernmost region is known for its Atlantic beaches and golf resorts. It is a region blessed with glorious sandy beaches, and picturesque fishing towns and every year attracts millions of tourists from all over the world.