Discover this charming Studio T0 nestled within the esteemed Paraíso de Albufeira tourist complex, a prestigious 4-star destination renowned for its exceptional facilities and prime location. This well-appointed studio features a fully equipped kitchenette—including a hob, oven, microwave, and fridge—offering complete independence for your stay. The modern bathroom includes a bathtub, while the spacious balcony overlooks the lively avenue, perfect for relaxing or entertaining. The apartment is equipped with air conditioning, satellite TV, piped music, a safe, and a telephone, providing contemporary comfort. Hot water is supplied via a centralized system. Designed in accordance with the complex’s regulations for tourist accommodation, this property presents a versatile opportunity for personal enjoyment and lucrative rental income, generating approximately €2,500 annually when managed through the hotel’s operations. Owners benefit from exclusive privileges such as a 20% discount on food and beverages within the hotel, and a 10% discount on various corporate services, including excursions and water parks. The condominium fees amount to €504 annually (€42 per month), with water and electricity charges for personal use paid separately, while the hotel management covers utilities during rentals. The Paraíso de Albufeira offers an extensive array of amenities, including restaurants, bars, indoor and outdoor pools, Jacuzzi, mini-golf, padel courts, a health club, gym, games room, hairdresser, and shops—some services may incur additional charges. This property represents a unique investment opportunity in a distinguished tourist environment, ideal for both personal leisure and attractive rental returns. Energy Rating: C. #ref:SAFTI:006467
Serviced studio apartment
Data source: https://www.rightmove.co.uk/properties/159118541?currencyCode=GBP#/?channel=OVERSEAS
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Algarve, Albufeira, Portugal