Balaia Atlantico,
Albufeira Hotel Apartment - Investment Opportunity
Located in the centre of the Algarve, bathed by the Atlantic Ocean, Albufeira is the capital of Portuguese tourism. Filled with beautiful landscapes adorned by cliffs which lean over magnificent beaches featuring extended sand areas, which impressively contrast with the picturesque sight of the countryside region, Albufeira combines many varied aspects for a dream holiday and also has a great variety of restaurants available, offering the most refined specialties of the Algarve traditional cuisine as well as international dishes.
The unmatchable phenomenon of the Albufeira night brings together tourists and locals as well as international celebrities, all in a glamorous cosmopolitan ambience. The 30 km of crystal water, of the finest golden sand, make Albufeira the ideal place to spend a holiday and to practice varied leisure and sporting activities. After a fabulous day at the beach, a golf match or a pleasurable walk, there can be nothing better than savouring your favourite drink in one of the many outdoor cafes Albufeira has to offer.
Benefiting from a warm temperature climate in Albufeira you can enjoy a healthy, relaxing lifestyle all year round. Its extraordinary climate, with more than
3000 hours of sunshine per year and the friendly charm of its people persuade many foreigners to move residence to the region, either temporarily or permanently. We find more and more people select Albufeira as their favourite destination because of its multiple attractions, i.e. the lively and social nightlife, the beautiful beaches, varied water sports, golf courses, glorious countryside and the local cuisine.
Apartment Characteristics
Built with acoustic isolation on walls and floors, apartments entirely decorated and furnished with carefully selected materials, contrasting design ceramic material floors, exotic wood furniture Mutene of an exclusive, design with stainless steel details, lowered ceilings with embodied light, double glazed windows, acclimatization, satellite TV, lounge music, network access telephone digital-phone central, Internet access, safe, fire alarm system, public area automatic lighting system, card opening electronic system, SCHINDLER panoramic lifts.
Rooms
Well dimensioned rooms, furnished with exotic wood Mutene of an exclusive design with stainless steel details, wide fitted closets, chest of drawers/ dressing table.
Kitchen: kitchenette design, Danish production furniture by HTH in anodized aluminium natural colour, electrical blinds, equipped with glass ceramic cooker, electric oven, microwave, coffee machine, countertop with a sink, fitted fridge, dinner wear, cutlery and glasses.
Sitting/Dinning Room: excellent area, exotic wood furniture Mutene of an exclusive design with aluminium details, balconies with a view over the pool, garden and leisure outdoor areas.
Bathroom: complete with Vidracos Moleano stone countertop, double sink, SANINSUA Millennium series taps and toilet fixtures
The Deal
- 20% instant equity
- Mortgage 80% LTV
- 3 year Rental Guarantee ??? Properties all fully managed during & after to achieve Rental income.
- Year 4 onwards net 6% of mortgage amount of 232,000 euro for life of purchase in way of bank guarantee.
- All fees and Taxes paid
- Fully furnished
- 2 Weeks personal usage
- Max input of commitment fee of £1,950
- Inspection trips
