Hotel in Algarve, Portugal

Nice apartment at the Algarve Resort on the beach, high quality, in the Algarve. With a wonderful view of the sea and the city of Carvoeiro on the coast. This region is one of the most exclusive European destinations for summer holidays. In the vicinity of the charming coastal town of Carvoeiro you will find a post office, a bank, a pharmacy, restaurants, supermarkets, a florist and a church. Owners of apartments in the resort can dispose of them as they wish: they can be used as their own residence, summer residence or as an investment for passive income. If the owners of the facility choose the investment route, the internal administration of the rents is carried out by a special company - the Hotel Management Company - so that the owners of the apartments can maximize the benefits, while they are not used personally. Annual income of 4% and it is planned that income will increase to 5% or more in the following years. The services include building insurance, customer reception and registration, cleaning, repair of public areas and apartments, and administrative work for apartments. Apartments are currently available: There are a total of 74 apartments in the resort, including 3 different types: T1 (with one bedroom), T2 (with two bedrooms) and T3 (with three bedrooms). All apartments have a terrace and a outdoor area. Some T2 and T3 apartments offer a wonderful sea view. Apartments: The apartments are on the second floor. Apartment with a bedroom and terrace (15.70 square meters) .m) . All of this is located on 71.65 square meters, of which 55.95 square meters. - living area. The apartments have a fully equipped bathroom, a kitchen and an outdoor living room - with access to the terrace . The kitchen is fully equipped with modern technology: dishwasher, washing machine, fridge, hood, stove and oven as well as microwave and coffee machine. There are 1 bedroom with access to the terrace . The apartments have access to the apartment, double glazing, wooden buildings and other natural flooring, floor heating in bathrooms and air conditioning in all apartments. The resort guarantees privacy in its area around the clock. Residents have access to pools, gardens, parks, a rooftop lounge, a restaurant, a bar, a gym, an underground car park, and hotel and rental management. The management company's services include maintenance and repair work, transportation to beaches, etc. For a separate fee, it is also possible to equip the apartments with furniture. to equip. Location: 30 minutes by car from Faro International Airport 7.5 km from Estombar train station in Lagoa 4 km from Lagoa Faro town is 65 km away, Lisbon 325 km, Porto 550 km away. The beaches are 5 minutes by car and 15 minutes on foot; away. There are also golf courses and a tennis club nearby. Ownership for foreign investors who are interested in the golden visa from 400,000 euros. Construction is scheduled to begin in September 2020 and will take 20/24 months.