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Touristic Apartment 2 Bedrooms within 4-star Hotel in Albufeira

Apartment in Albufeira

ref. VM2011
350.000€
  • C
  • 2
  • 1
  • 111m2

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
205
Rooms
3
Bedrooms
2
Bathrooms
1
Furnished
Fully
Living Area
111 m²
Fully Fitted
Double glazing
Communal, Outdoor, Indoor
Communal
Town View
• Living Area 111,22m²
• Year of Construction 2005
• Investment opportunity
• Great location
• Tennis courts and gym on site

These T2 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 on the edge of Albufeira this hotel is located with the advantage of being close to both Albufeira and Vilamoura 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
• Minimarket/convenience shop
• Dining room/restaurant
• Bar
• Games room
• Administrative service office
• 8 Stores
• Office
• Congress hall
• Outdoor swimming pool, Indoor swimming pool
• 2 Tennis courts
• Gym

Location

• Distance to sea: 2km
• Distance to Beach: 4km
• Distance to Nearest Golf: 3km
• Distance From Airport: 32km
• Distance to Nearest School: 6km
• Distance to Nearest Town: 2km (Olhos de Água)