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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 (₦184,878,072)
Rooms
1
Bedrooms
0
Bathrooms
1
Living area
32.7 m²Basic details
| Listing number | 643798 |
|---|---|
| Selling price | €115,000 (₦184,878,072) |
| 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
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
Purchase costs
| Taxes |
0.8 %
Stamp Duty Tax (Imposto de Selo) |
|---|---|
| Notary | €500 (₦803,818) (Estimate) |
| Registration fees | €250 (₦401,909) (Estimate) |
| Transfer tax |
€7,475 (₦12,017,075) (Estimate) Property Transfer Tax (IMT) |
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