ID#Portugal003
10 photo
Albufeira, Portugal

Apartment at a bargain price of Portugal (#IPo 20-03)

545 000

«Approved Investment» VelesClub — The seaside resort in a privileged area of the Algarve is a gated condominium of 52 high quality apartments with thoughtful design, unique views, private terraces and direct access to the sea. The complex is a hotel type and has a 24/7 reception. All apartments are ergonomic and have various layouts with 1 and 2 bedrooms, equipped with modern appliances, furniture and high-quality finishing. The complex includes a swimming pool with landscaped gardens and alleys, a restaurant, bar, work and conference rooms, a spa center, a fitness room, yoga and Zen gardens, and an exclusive market with organic products. The Algarve is one of the best destinations in the world, with over 300 days of sunshine a year. This is the southernmost point of Portugal, one of the most international and peaceful countries in the world. With a rich history as one of Europe's oldest countries, today it attracts visitors from all over the world with its vibrant culture, exceptional traditional cuisine, stunning beaches, idyllic countryside and incredible quality of life.
VelesClub residents have special prices, individual forms of payment and installment payments.
*The analysis was carried out within the framework of an individual investment model to achieve maximum profitability for the period specified in the characteristics. For a full analysis or free consultation, contact our experts.

The main characteristics of the object

Commissioning Ready
Entry point 545k €
Projected price growth 5% year
Rental yield 6%
Exit point 667k €
Total lots 52
Square 88 - 96
Layout 1+1 - 2+1
The current lease agreement no
Analysis Period ➠➠➠ 11/25*

Social infrastructure of the facility

Pool
Landscaped garden
Walking area
Restaurant
Bar
Conference hall
Gym
Yoga area
Beach
Shop
Parking
Security
10 photo
Posted 06.11.2023

ID#Portugal003 / On the map

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