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Algarve, Portimão, Portugal

€173,000
Remax Expogroup, Portugal
PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

915 sq ft

85 sq m

Key features

  • 2 bedrooms
  • House area: 85 sqm
  • 1 bathrooms
  • Construction year: 2016

Description

2 bedroom apartment with allocation of services. It is located in the Algarve Race Apartments development, close to the Portimão International Circuit, but is located in a very quiet area, just a 20-minute drive from the beaches of Lagos and Alvor. It is bathed in natural light and has well-distributed areas, comprising: entrance hall, kitchen, room with balcony, 1 bedroom with balcony and one without balcony, 1 full bathroom.   The apartment currently does not have a tourist operating contract in force and operates under the following conditions: The property is intended for tourist use. Currently the yield is 60% of the operation. Right to use the apartment for 7 consecutive days at Easter and 14 consecutive days in August.
Annual condominium fee: €1100   This is an excellent business opportunity! Contact for more information!
REF: -777

Algarve, Portimão, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    40.1 miles
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Notes

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This is a property advertisement provided and maintained by Remax Expogroup, Portugal (reference 96202_122881001-777) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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