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Home For Sale

Picture of Home For Sale in Faro, Algarve, Portugal

€115,000

Faro
Faro, Algarve, Portugal

1bd 1ba 31 sqm

Year Built: 2003

Listed By: Diamond Properties

Listed On: 05/01/2024

Listing ID: GL11115087 View More Details

Description

This is a great opportunity to purchase your own property by the sea if you are on a budget or want to buy a hands-off investment property!

This is an incredible opportunity to buy a studio suite and be part of something special and enjoy amazing facilities onsite including an indoor and outdoor pool, crazy golf, tennis court, spa, gym, bar, restaurant, mini market, 24 hour reception with a choice of bars, restaurants and beautiful beaches all within walking distance. In high season there is a schedule for live entertainment and day trips throughout the Algarve.

You have a choice either to keep the property for yourself and your family or receive on-site full time management for holiday rentals in return for 4% annual return income plus 2 weeks occupancy reserved in low season for yourself. Terms and conditions apply, available upon request.

The property is accessed by a modern, staffed reception area with elevators to the suites. Inside the studio suite you will find everything you need, it is sold fully furnished and equipped with a balcony. The studio includes a separate bathroom with WC and full bath, the main room is open plan with a kitchenette with a full oven, fridge and stocked cupboards with all the utensils you can need.

There is a table and chairs for dining, a sideboard for storage, additional wardrobe storage, twin beds, desk, air conditioning for hot and cold, a in-built radio, TV, internet and telephone to reception. The balcony has a table and two chairs with a view of Albufeira town.

All photos are of a sample studio suite to demonstrate what your chosen one may look like. We will organise a personal or virtual viewing of an available studio suite for sale so you can choose your favourite. We just signed the Reservation Form with a 5,000 euros Reservation Fee to our new buyer for the one shown! The next one could be yours!
Contact us if you have any questions or to schedule your viewing.