Vale de Paraiso, Albufeira, Faro

Reference: BRIR-T150. 1 bedroom apartment with 4% annual yield in Albufeira at the Aparthotel Paraso de Albufeira is located in the prime area of the city of Albufeira (new part), just a few meters from Albufeira Town Hall and close to the beach. Specific features: - 95m gross area, - T1 - 1 bathroom - Second hand/good condition - Built-in closets - South Orientation - Building - Floor -2 - With elevator Equipment: - Air conditioning - Pool - Green zones With environments decorated and designed for a perfect family holiday. Aparthotel Paraso de Albufeira is a prestigious 4-star tourist development in the Aparthotel category, comprising: Self-service Restaurant, Children's Garden, Multipurpose Room, Adult Games Room, Teenage Games Room 6 Meeting rooms for tour operators, 8 Guide offices, 29 Apartments, Basement -1: Luggage storage, 2 Restaurants Self-service Restaurant, Children's Garden, Multipurpose Room, Adult Games Room, Teenage Games Room When opting for the purchase with income giving the exploration, after the public deed a contract is signed, the 'Operation Legal Title' (with a period of 1 year and beyond) with the company that manages and operates the unit , The ALGARTEMTICO, SA, in which a yield of 4% per annum is guaranteed, based on the amount paid for the apartment. Conditions can only be changed in the face of catastrophic situations and changes in the economic situation. Condo Fees: Monthly Fee 45 + Monthly Reserve Fund: 9 = Monthly Total, 54 | ANNUAL TOTAL: 648 IMI value: between 130 and 200, depending on the area of the apartments. Extra Periodic Installment Value when out of operation: 130/month In accordance with the applicable legislation regarding Hotel Units under the Horizontal Property regime, and according to the Constitutive Title of the Hotel Enterprise - 'HOTEL APARTAMENTO PARASO DE ALBUFEIRA', the apartments are intended for tourist use. In case of purchase of the property, the owner will be able to take a vacation in the development and, as owner, will be able to enjoy the special associated discounts, such as: Accommodation discount: following the agency price list; Discount at F&B (Food and Drinks points of sale inside the hotel) = 20% Discount on Corporate Services = 10% (excursions, tickets to water parks. Energy Rating: C #ref:GA-6782.1