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Apartment block, Vila Rosa ap nro 17, Praia Da Rocha

8500-801 Portimão, Praia da Rocha

Studio Apartment for Touristic Rental Opportunity

Beautiful west facing 1 st. floor studio apartment for touristic rental purposes investment, it can used by the owners and their family during the winter months (with prior confirmation) for the cost of the condominium fees & utilities but during the summer months the apartment is rented by the resort, giving a guaranteed 6% minimum rental return for the first 5 years. The fully furnished & equipped studio consists of an open plan living space, AC, covered terrace, private bathroom & private terrace. Set in a fabulous resort with several swimming pools, bars, restaurant, tennis, & reception.

Selling price
€115,000 (£95,683)
Rooms
1
Bedrooms
0
Bathrooms
1
Living area
32.7 m²

Basic details

Listing number 643798
Selling price €115,000 (£95,683)
Rooms 1
Bedrooms 0
Bathrooms 1
Living area 32.7 m²
Total area 41.3 m²
Area of other spaces 8.6 m²
Description of living spaces Fully fitted & equipped, 1st floor, open plan, studio apartment with kitchenette & private bathroom with bath & shower.
Description of other spaces This studio apartment has a private balcony with views of the swimming pool & 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 Information given by owner
Floor 1
Residential floors 1
Condition Good
Parking Courtyard parking
Features Furnished, Air-conditioning, Security system, Double glazzed windows, Air source heat pump
Views Garden, Nature, Swimming pool
Storages Cabinet, Wardrobe
Telecommunications TV, Cable TV, Internet
Floor surfaces Ceramic tile
Wall surfaces Paint
Bathroom surfaces Ceramic tile
Kitchen equipments Ceramic stove, Refrigerator, Cabinetry
Bathroom equipments Shower, Bathtub, Cabinet, Sink, Toilet seat, Mirror
Description An excellent investment opportunity in the heart of Praia da Rocha.
Additional information 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.
Links

Building and property details

Construction year 1985
Inauguration 1985
Floors 3
Lift No
Roof type Flat roof
Energy certificate class C
Heating Air-source heat pump
Common areas Equipment storage, Lobby, Swimming pool, Garage, Parking hall, Restaurant, Roof terrace
Number of parking spaces 1
Number of buildings 1
Terrain Flat
Road Yes
Land ownership Own
Planning situation General plan
Municipality engineering Water, Sewer, Electricity

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 (£416) (Estimate)
Registration fees €250 (£208) (Estimate)
Transfer tax €7,475 (£6,219) (Estimate)
Property Transfer Tax (IMT)

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