Semi-detached house for sale in Vila Do Bispo E Raposeira, Vila Do Bispo, Faro
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Property features
- Reference: Mi14991_PH2
- Total area: 194m2
- Useful area: 128m2
- Plot area: 100m2
- Garden
Property description
Investment Model:
Guaranteed minimum return of 3% year in the first 6 years
Tourism Exploration Contract
All expenses are included until the end of the contract
Owner use - 2 weeks per year between November and March
2 bedroom villa situated in a secluded area, next to a small pine forest, but close to the main facilities of the resort.
All houses have a small private pool enriching the garden with indigenous and wild flora. The Villas appeal to families who appreciate a certain isolation but want at the same time to keep the proximity of the resort's leisure and entertainment attractions.
On the r/c fully equipped kitchen with 'open space' for the dining room and living room with sliding doors that give access to the terrace, as well as to the garden and swimming pool, with an area of 40 m2, a social toilet with 5 m2, twin bedroom with an area of 20 m2 and bathroom with bathroom/ shower.
Another double bedroom, with full bathroom and an area of 22 m2.
Terrace with 46 m2 and a garden area of 257 m2.
Option 1 - 600,000€
1. Annual Rental Income of 3% of the Purchase Price of the Property for the first 6 years;
2. The hotel operator shall be responsible for providing the furniture and rental package. They will also cover the charges of property insurance, condominium charges, utilities, expenses and all maintenance until the end of the lease;
3. The owner will be entitled to use the property for 2 weeks per year high season and up to 8 weeks low season;
4. All properties in Martinhal are property free and the owner is entitled to sell his property during the contract period;
Option 2 - 510,000€
Sale price for a 6 year rental free period with 2 weeks in summer outside July/August, 8 weeks owner use low season
Option 3 - 495,000€
Sale price for a free rent for 6 years with no high weeks of owner use and 8 weeks of use of the low season owner
The information referred to is not binding. You should consult the property documentation.
Energy Rating: B
#ref:mi14991_PH2
Rooms
Bathroom (s): 2
Kitchenette
Living Room (s): 1
Total bedroom(s): 2
Number of floors: 2
Surroundings
Children's Playground
Fruit trees
Highway
Bank
Countryside
Golf Course
Closed Condominium
Distance from the sea
Green areas
Parking
Pharmacy
Supermarket
Near the beach
Swimming Pools
Plot
View to Countryside
View to Garden
View to Sea
View to Beach
Security
Lobby
24-Hour Security
Surveillance
Equipment
Air Conditioning
Bathtub
Extractor Hood
Cooker
Oven
Fridge
Thermal Insulation
Wi-fi
Dishwasher
Extras
Condition: Excellent
Floor: 0
Areas
Gross Area: 194
Land Area: 100
Garden area: 116
Terrace area: 66
Net Area: 128
Bedroom Area: 22
Bedroom Area: 20
Bathroom Area: 5
Bathroom Area: 5
Living Room Area: 40
Services
Water
Gas
Electricity
Infrastructures
Tennis Court
Outdoor Parking
Garden
Public place
Shared Swimming Pool
Terrace
Property info
For more information about this property, please contact
Metodo | Portugal Real Estate, on +44 330 098 9648 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Metodo | Portugal Real Estate, and do not constitute property particulars. Please contact Metodo | Portugal Real Estate for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.