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Algarve, Praia da Rocha, Portugal

€159,000
LUXRE, Portimao
PROPERTY TYPE

Apartment

BATHROOMS

1

SIZE

365 sq ft

34 sq m

Key features

  • Near the beach
  • Near green areas
  • Bedrooms: 0
  • Near school
  • Near public transportation

Description

DESCRIPTION
T0 located in Praia da Rocha, Portimão, Algarve;
T0 class apartment in a building built in 1982, under the Horizontal Property regime, with several fractions, of which 21 floors above ground and 3 below ground are an integral part, served by 2 freight elevators, 4 elevators, power plants, thermal and water lift existing on the 2nd floor;
Apartment is located on the 4th Floor, consisting of a room with kitchenette, bathroom and terrace with lots of natural light;
Solar orientation to the South and West;
Building with 24-hour security and reception.
Electric blinds and new flooring

AREAS
33.90 m2 of private gross area and 4.10 m2 of dependent gross area;

NEARBY
200 meters from the beach;
66 km from Faro airport;
266 Km from Lisbon.

STRENGTHS
Solar Orientation
Proximity to the beach;
24 Hour Security and Reception

OPPORTUNITIES
Area of excellent profitability on a seasonal rental basis (close to the beach).

ADDITIONAL INFORMATION
Housing Use License No. 38/82 issued on 11/03/1982;
Condominium fee (quarter): €170.85.

TAXES / RETURN
I.M.I. (year): €170.86;
Entry yield: 4.91%.

LuxRE - Trust and Excellence
Energy Rating: C
#ref:LUX0273

Algarve, Praia da Rocha, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    32.8 miles
Advice on buying Portuguese property

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About LUXRE, Portimao

LuxRE-Real Estate is a company focused on consultancy when the client decides to sell or buy property in the Algarve.

But before the mediation there is all the consulting work which is extended in the post-business.

The Consultancy covers the correct valuation of the property through the evaluation methods (comparative method / cost method / income method), through a marketing plan (home staging, professional image and promotion strategy), and through the accounting and tax plan (what is the amount of capital gains to be paid by who sells and what are the taxes arising from who buys).

The market value of the property is what defines its future and rapid sale and it is in the detailed calculation of this value that LuxRE makes the difference.

In addition to the price there will be a shared promotion of the product with the partner agencies.

This is LuxRE's identity, working with market price and carrying out promotional work based on sharing with other agencies.

1.1 Mission

LuxRE's mission is to provide differentiating, quality and proximity services to its customers, maximizing the value invested by them.

1.2 Values

LuxRE's Values are the people and the relationship of proximity, loyalty, and trust created with each one of them.

1.3 Vision

LuxRE's vision is to be recognised in the Algarve as the Consultancy you should turn to when thinking of selling or buying a property located in the region.

The short term project will be to expand for the resto of the national territory.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by LUXRE, Portimao (reference 284252_22654765) 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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