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Apartment block, Vila Rosa, Praia Da Rocha
8500-801 Portimão, Praia da Rocha
Excellent Investment Opportuntiy
Don't miss out on this fabulous opportunity. This west facing apartment for touristic rental investment, can be used by the owners during the winter months (resort may have some flexibility) 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. Guaranteed rental income ( 7 % ) agreed with the resort!
Selling price
€105,000 (SLL 2,308,363,603)
Rooms
1
Bedrooms
0
Bathrooms
1
Living area
315.9 sq ftBasic details
| Listing number | 648128 |
|---|---|
| Selling price | €105,000 (SLL 2,308,363,603) |
| Rooms | 1 |
| Bedrooms | 0 |
| Bathrooms | 1 |
| Living area | 315.9 sq ft |
| Description of living spaces | Fully fitted & equipped, 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 |
| 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. |
Building and property details
| Construction year | 1995 |
|---|---|
| Inauguration | 1995 |
| Floors | 3 |
| Lift | No |
| 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 | Equipment storage, Club house, Lobby, Swimming pool, Garage, Parking hall, Restaurant, Roof terrace, Laundry room |
| 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 | 0.3 mi |
|---|---|
| Shopping center | 0.9 mi |
| Grocery store | 0.2 mi |
| Marina | 0.4 mi |
| Restaurant | 0.1 mi |
| Tennis | 0.1 mi |
| Golf | 1.9 mi |
Public transportation access
| Bus | 0.1 mi |
|---|---|
| Airport | 46.6 mi |
| Airport | 177.1 mi |
Fees
Purchase costs
| Taxes |
0.8 %
Stamp Duty Tax (Imposto de Selo) |
|---|---|
| Notary | €500 (SLL 10,992,208) (Estimate) |
| Registration fees | €250 (SLL 5,496,104) (Estimate) |
| Transfer tax |
€6,825 (SLL 150,043,634) (Estimate) Property Transfer Tax (IMT) |
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