Apartment for sale in Albufeira, Portugal

1 bedroom apartment inserted in the ''Hotel Paraíso'', 4 Star Tourist Development. The Hotel Apartamento Paraíso de Albufeira is an excellent 4-star tourist resort located in the prime area of the city of Albufeira. It stands out for its size, its modern architecture, its unique design, sounding colors and exotic woods. It consists of 396 apartments of typologies T0, T1, T2 and T2 Duplex distributed over 8 floors. It has a reception, games room, bar, pool bar, restaurants, snack pool bar, meeting room, outdoor pool, heated indoor pool, jacuzzi, 2 tennis courts, soccer court, basketball and volleyball, mini golf, convenience store, hairdresser, wine cellar and outdoor parking. Located on Floor 4 with South-East orientation. The apartment consists of entrance hall, 1 bedroom with generous areas and built-in wardrobe, living room, kitchenette equipped with ceramic hob, oven, extractor fan, smoke extractor and fridge, bathroom and balcony. In terms of equipment stand out, air conditioning, satellite TV, ambient music, telephone, safe and fire detector. Condominium 54/month. Available in two modalities of sale or purpose of purchase:- For Vacation of the owner himself or - For Income (given to the operation), delivering the apartment to the operating entity of the hotel, with a return of 4% per year on the acquisition value of the property. You can also enjoy 15 days in the low season free of charge, in high season a discount equal to the price charged by the tour operators and a 20% discount on restaurant consumption. Our company assists in all sectors such as how to get the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc. Do not miss this opportunity and contact us for a visit.