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Apartment block, Vila Rosa , Praia Da Rocha , 29.2 m²

€100,000
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This fantastic promotion gives an extra 2% on your annual rental return if you buy this apartment until end of this month, meaning you will received a guaranteed 7% minimum rental return for the first 5 years. Don't miss out on this fabulous opportunity. This West facing, 1st floor apartment for touristic rental investment, can be used by the owners during the winter months (resort may have some flexiblity) with prior confirmation, for the cost of the condominium fees & utilities. The furnished & equipped studio has an open plan living space, bathroom & use of the communal terrace.

Listing number 648128
Location 8500-801 Portimão, Praia da Rocha
Living area 29.2 m²
Selling price €100,000
Description An excellent investment opportunity in the heart of Praia da Rocha
Additional information Set in a fabulous resort with several swimming pools, bars, restaurant, tennis courts & reception.The apartment has air conditioning, cable TV & internet. There is parking available in the courtyard area & there is a 24 hour reception service & a laundry.

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Mia Heinonen
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Mia Heinonen

Sales Director

Habita Algarve

+351 918 696 380

mia.heinonen@habita.com

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Rui Neves
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Rui Neves

Real Estate Agent

Habita Algarve

+351 967 733 803

rui.neves@habita.com

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Basic details

Rooms 1
Bedrooms 0
Bathrooms 1
Living area 29.2 m²
Description of living spaces Fully fitted & equipped, 1st floor, open plan, studio apartment with kitchenette with ceramic hob, extractor hood, refrigerator & microwave & private bathroom with bath, shower & bidet.
Description of other spaces This studio is next to the communal terrace & is set in the fabulous Vila Rosa resort with several swimming pools, tennis & padel courts, children's play area, poolside bar, restaurant & bar, mini market & 24 hour reception area.
Area description With stunning beaches, water sports, beautiful marina, traditional cobbled streets, casino, shops, cafes, bars & restaurants, Praia da Rocha offers something for everyone. Also located on the doorstep of Portimão, where the entertainment continues with theatres, museums & an abundance of other cultural & sporting events. Plus sports centres, tennis courts, golf courses galore & other local amenities such as banks, schools, hospitals etc. The perfect place in the sun.
Measurements verified No
Measurements based on Articles of association
Floor 1
Residential floors 1
Condition Good
Parking Courtyard parking
Is located on highest floor Yes
Features Furnished, Air-conditioning, Boiler
Views Garden, Neighbourhood, Nature
Storages Wardrobe
Telecommunications TV, Internet, Cable internet
Floor surfaces Laminate
Wall surfaces Paint
Bathroom surfaces Ceramic tile
Kitchen equipments Ceramic stove, Refrigerator, Cabinetry, Kitchen hood, Microwave
Bathroom equipments Shower, Bathtub, Bidet shower, Sink, Toilet seat, Mirror

Building and property details

Construction year 1995
Inauguration 1995
Floors 3
Lift Yes
Roof type Gable roof
Ventilation Natural ventilation
Foundation Concrete
Energy certificate class C
Heating Air-source heat pump
Building materials Brick, Concrete
Roof materials Ceramic tile
Facade materials Plaster
Common areas Club house, Lobby, Swimming pool, Parking hall, Restaurant, Roof terrace, Laundry room
Number of parking spaces 1
Number of buildings 1
Terrain Hilly
Road Yes
Land ownership Own
Planning situation No plan

Energy certificate class

C

Services

Beach 0.5 km  
Shopping center 1.5 km  
Grocery store 0.3 km  
Marina 0.6 km  
Restaurant 0.1 km  
Tennis 0.1 km  
Golf 3 km  

Public transportation access

Bus 0.1 km  
Airport 75 km  
Airport 285 km  

Fees

No fees.

Purchase costs

Taxes 0.8 %
Stamp Duty Tax (Imposto de Selo)
Notary €500 (Estimate)
Registration fees €250 (Estimate)
Transfer tax €7,000 (Estimate)
Property Transfer Tax (IMT)

Call +358 10 5855 010 for further information on selling your home, or to request a free property valuation.

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