Semi-detached house for sale in Vila Do Bispo E Raposeira, Vila Do Bispo, Faro

Investment Opportunity for golden visa - Residence Permit with guaranteed income
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
3 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, another room with 15 m2.
Terrace with 46 m2 and a garden area of 257 m2.
Option 1 - 800,000€
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 - 680,000€
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 - 660,000€
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_PH3

Rooms
 Bathroom (s): 2
 Kitchenette
 Living Room (s): 1
 Total bedroom(s): 3
 Number of floors: 2
 Kitchen(s): 17
 Half bath
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: 184
 Land Area: 257
 Garden area: 257
 Terrace area: 46
 Net Area: 138
 Bedroom Area: 22
 Bedroom Area: 20
 Bedroom Area: 15
 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
 Swimming Pool