Description

Magnificent apartments in housing estate are located in green zone of the fishing small village of Alvor, in 5 km from Portimau, near the national reserve of Ria-de-Alvor, Portugal. The complex consists of 148 apartments, everyone is equipped with spacious terrace overlooking the pool or the golf course. The furnished apartments with 2, 3 and 4 bedrooms are located in 6 buildings. The ZhK center is located and available to each owner: pool (200 sq.m), solar terraces, SPA, beauty shop, fitness center, children's room. Services of the concierge are offered all buyers of apartments that allows to make stay even more comfortable. Expiration date of construction: the 1st quarter 2022.

Option I

The owner reserves the right for accommodation, no more than 1 week during every period of accommodation. Need in advance to make request for possibility of stay. Profitability – 5%.

Option II

Investment income is 70% of the net value of rent and is proportional to rent term duration. With possibility of full-time or temporary residence within 7 months / 210 days in year. The owner independently chooses the period of leasing of the real estate through our UK. Expenses on service of housing, insurance, utilities and other expenses and also tax on housing, are paid by the homeowner.

Prices:

The apartment price for sq.m. excluding VAT (does not include the cost of the parking and furniture): €3,200

Average cost (apartment + parking + furniture): €217,500

Minimum cost (apartment + parking + cellar + furniture): €150,000

Maximum cost (apartment + parking + cellar + furniture): €350,000