Apartment in Faro

108

€ 285,000 For Sale

AL2341-1

Faro

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Description

This magnificent hotel is located on the outskirts of the picturesque village of Alvor and offers modern rooms with private balconies. It features an outdoor pool, a children's pool, and a garden with an open-air fitness center. Perfect for a sunny vacation with a relaxed and carefree atmosphere. Children's amenities include a playground, entertainment, and a cinema. The Três Irmãos beach is less than 2 km away, and Portimão is 5 km away. Faro International Airport is 75 km away. The Penina and Alto golf courses are less than 3 km away.

PROJECT ADVANTAGES:

Full ownership deed is provided when participating in this Golden Visa project.

Facilities include:

- On-site restaurant

- Fitness room

- Swimming pool (both indoor and outdoor)

- Large open grass fields

- Exceptional views and private parking
The developer offers:

- +/- 20,000 - IMT and Stamp Duty costs are fully reimbursed

- 100% buyback option offered after five years. This is not mandatory!

- Rental income from year 6-10 is split 50/50

- The owner can enjoy 2 weeks per year free of charge.

Official Mortgage Partner

Portugal Mortgage Brokers

Portugal Mortgage Brokers, licensed by the Bank of Portugal, are a free independent service working with all Portuguese banks. We specialise in offering mortgage information to residents and non-residents purchasing a property in Portugal, whether it be for a main residence, secondary home, investment, construction loan or renovation loan. We act as mortgage brokers to find you the most suitable and competitive mortgage program in the market. A simulation showing all costs is provided and an affordability check is carried out before submitting, we can then reach an official approval with the bank within 2 weeks of receiving your documents.

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