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1 Bedroom Touristic Apartments within 4-star Hotel in Albufeira

Apartment in Albufeira

ref. VM2004
200.000€
  • C
  • 1
  • 1
  • 53m2

This is a great investment of apartments within a hotel and already with a licence of touristic use, is close to all amenities.

Usage
Commercial
Type
Apartment
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Construction Year
2001
Renovation Year
2008
Rooms
2
Bedrooms
1
Bathrooms
1
Furnished
Fully
Living Area
53 m²
Fully Fitted
Double glazing
Communal, Outdoor, Indoor
Communal
Town View
• Living Area 67m² – 88m²
• Year of Construction 2001 – Renovated 2008
• Great investment opportunity
• Close to all amenities
• Tennis court and gym on site

These T1 touristic apartments within a 4-star hotel can be used for the owner’s private vacation/holiday or as a great investment opportunity if the owner choses to hand the apartment to the managing company of the hotel receiving an income of 4% per year on the purchase value of the apartment.

The hotel consists of a large outdoor pool and heated indoor pool, restaurant, bars, gym and games room with plenty more extras.

Situated in the centre of Albufeira this hotel is located close to all amenities and just a short drive from the beach.

Amenities

Apartments:
• Fully equipped kitchen
• Aircon units in bedroom and living room

Hotel:
• Large and welcoming reception
• Leisure Areas
• Shops
• Games room
• Bar, dancing bar, pool bar
• Restaurant, snack bar, coffee shop
• Banquet room, conference room, meeting room
• Outdoor swimming pool with BBQ, Indoor heated swimming pool
• Sauna, jacuzzi, Turkish/Scottish bath
• 2 Tennis courts
• Weight training, Aerobics
• Green Areas, Lakes

Location

• Distance to sea: 0.9km
• Distance to Beach: 1.4km
• Distance to Nearest Golf: 3.8km
• Distance From Airport: 40.6km
• Distance to Nearest School: 2.2km
• Distance to Nearest Town: 3.0km (Old Town Albufeira)