Discover a charming studio apartment in the esteemed Paraíso de Albufeira tourist complex, a four-star resort renowned for its exceptional facilities and prime location. This thoughtfully designed unit features a fully equipped kitchenette—including a hob, oven, microwave, and fridge—providing complete independence for your stay. The spacious bathroom is fitted with a bathtub, while a balcony offers delightful views overlooking the avenue. The apartment is air-conditioned and equipped with modern amenities such as satellite TV, a telephone, piped music, and a secure safe, with hot water supplied centrally. Approved for holiday rentals under the complex's regulations, this property offers a versatile investment opportunity combining personal enjoyment and rental income, generating approximately €2,500 annually when managed by the hotel’s operating entity. Owners benefit from exclusive privileges including a 20% discount on food and beverages and a 10% reduction on excursions, water parks, and sightseeing tours. Monthly condominium fees amount to €42 (€504 annually), with water and electricity costs applicable for personal use, while the management covers these expenses during rentals. The Paraíso de Albufeira boasts a comprehensive range of amenities such as restaurants, bars, indoor and outdoor pools, a Jacuzzi, mini-golf, padel tennis, a health club, gym, games room, hairdresser, and retail shops—some services may incur additional charges. This property presents a rare opportunity to acquire a stylish retreat in a prestigious tourist destination, combining luxurious leisure facilities with lucrative rental potential. Energy Rating: C. #ref:SAFTI:006071
Serviced studio apartment
Data source: https://www.rightmove.co.uk/properties/155917925?currencyCode=GBP#/?channel=OVERSEAS
Explore nearby amenities to precisely locate your property and identify surrounding conveniences, providing a comprehensive overview of the living environment and the property's convenience.
Algarve, Albufeira, Portugal