375 000 €

Apartment T1 in Portimão, PortimãoPortimão, Faro

108 m²
1 Bedrooms
1 WC
Energy efficiency

Apartment T1 for sale

Luxury, Profitability, and a Prime Location. We are pleased to present this excellent real estate opportunity in the prestigious Vista Marina condominium, located in Portimão, just steps from the iconic Praia da Rocha and the charming riverside area of ​​the Arade River. This landmark development combines luxury, elegance, comfort, and high profitability potential, making it the ideal choice for both discerning investors and those seeking an exclusive residence in the Algarve. Main Features of the Development: Strategic location in one of the most valued areas of the Algarve Expansive and panoramic views of the Arade River Contemporary design apartments High-quality finishes Swimming pool, landscaped gardens, restaurant, gym, and secure parking Quick access to beaches, restaurants, and tourist attractions Advantages for Investors ✔ Guaranteed Income: Option for an annual yield of 2.5% on the investment value, with up to 6 months of personal use between November and April. ✔ Performance Contract: Profit sharing with 60% of the net income for the investor. Flexibility in choosing the periods of personal use. ✔ Appreciation Potential: With an estimated 8.7% growth in the Portuguese real estate market by 2024, Vista Marina represents a safe and promising investment. ✔ Continuous Tourist Demand: Praia da Rocha maintains high demand year-round, ensuring consistent income from vacation rentals. Flexibility of Use Whether as a personal vacation home or as a source of passive income, Vista Marina allows investors to maximize the use of the property according to their preferences and financial goals. Purchase for Exclusively Personal Use If you prefer, you can purchase the property solely for your own use. ;ID RE/MAX: 122881068-601

Details

Construction Year2006
Gross Area m²- -
ElevatorYes
Private Gross Area m²108
Living Area m²69
GarageYes
Total Lot Size m²- -
Price m²3 472 €
Floor2nd floor

Location

Attributes

Elevator
Garage
Air Conditioning
Equipped Kitchen
Balcony
Storage Room
Garden
Swimming Pool

Rooms

Kitchen- -
Bedroom- -

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Mortgage Simulator

REMAX Sun
Portimão, Faro
AMI 12206
Jorge do Carmo
Jorge do Carmo

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Origin Listing reference:id. 122881068-601
Publishing date:
Last Update: