Hotel 72 m² in Algarve, Portugal

High quality beach resort in the Algarve. With a breathtaking view of the sea and the city of Carvoeiro on the coast. This region is considered one of the most exclusive European destinations for summer holidays. The hotel is located near the charming coastal town of Carvoeiro, where you will find a post office, a bank, a pharmacy, restaurants, supermarkets, a florist and a church. You can get rid of apartment owners in the complex as you wish: they can be used as their own residence, summer residence or as an investment for passive income. When the facility owners choose the investment path, the internal administration of rents is carried out by a special company: Hotel Management Company, so that apartment owners can maximize profits without being used personally. Annual income of 4% is expected to increase to 5% or more in the following years. The services include construction insurance, reception and customer registration, cleaning, repair of public areas and apartments as well as administrative housing work. The apartments are currently available: There are a total of 74 apartments in the complex, including 3 different types: T1 ( with one room ), T2 ( with two rooms ) and T3 ( with three rooms ). All apartments have a terrace and an outdoor area. Some apartments T2 and T3 offer a wonderful view of the sea. Apartments: The apartments are on the second floor. Apartment with a bedroom and terrace ( 16.45 m2.metro ) . All of this is on 72.40 square meters. of which 55.95 square meters. - living room. The apartments have a full bathroom, kitchen and outdoor living room with access to the terrace . The kitchen is fully equipped with modern technology: dishwasher, washing machine, refrigerator, extractor hood, stove and oven as well as microwave and coffee machine. There is a bedroom 1 with access to the terrace . The apartments have thermal insulation, double glazing, wooden floors and other natural floor coverings as well as underfloor heating in a bathroom; you and air conditioning in all apartments. The complex guarantees privacy in its area all day long. Residents have access to swimming pools, gardens, parks, a rooftop lounge, a restaurant, a bar, a gym and an underground car park; neo and a hotel and rental management service. The management company's services include maintenance and repair work, transport to beaches, etc. For a separate fee, it is also possible to equip the apartments with furniture. Location: 30 minutes by car from Faro International Airport, 7.5 km from Estombar Train Station, Lagoa A 4 km from Lagoa Faro est & aacute; 65 km, Lisbon is 325 km and Porto is; 550 km. The beaches are 5 minutes by car and 15 minutes on foot. There are also golf courses and a tennis club nearby. Real estate for foreign investors interested in the & Euro golden visa; 400,000. The construction work is planned for September 2020 and will last; 20/24 months.