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Algarve, Portimão, Portugal

£235,953
€270,000
Remax Expogroup, Portugal
PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

Ask agent

Key features

  • 1 bedrooms
  • Total area: 108 sqm
  • 1 bathrooms
  • Construction year: 2006

Description

Luxury, Profitability, and a Prime Location. We are pleased to present this excellent real estate opportunity in the prestigious Vista Marina condominium, located in Portimão, just steps from the iconic Praia da Rocha and the charming riverside area of the Arade River. This landmark development combines luxury, elegance, comfort, and high profitability potential, making it the ideal choice for both discerning investors and those seeking an exclusive residence in the Algarve. Main Features of the Development: Strategic location in one of the most valued areas of the Algarve Expansive and panoramic views of the Arade River Contemporary design apartments High-quality finishes Swimming pool, landscaped gardens, restaurant, gym, and secure parking Quick access to beaches, restaurants, and tourist attractions Advantages for Investors Guaranteed Income: Option for an annual yield of 2.5% on the investment value, with up to 6 months of personal use between November and April. Performance Contract: Profit sharing with 60% of the net income for the investor. Flexibility in choosing the periods of personal use. Appreciation Potential: With an estimated 8.7% growth in the Portuguese real estate market by 2024, Vista Marina represents a safe and promising investment. Continuous Tourist Demand: Praia da Rocha maintains high demand year-round, ensuring consistent income from vacation rentals. Flexibility of Use Whether as a personal vacation home or as a source of passive income, Vista Marina allows investors to maximize the use of the property according to their preferences and financial goals. Purchase for Exclusively Personal Use If you prefer, you can purchase the property solely for your own use.
REF: -563

Algarve, Portimão, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    32.7 miles

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About Remax Expogroup, Portugal

Notes

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This is a property advertisement provided and maintained by Remax Expogroup, Portugal (reference 96202_122881068-563) 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.