Alvor, Alvor, Algarve, Portugal | Studio For Sale at GLOBAL LISTINGS

Report Listing

Studio For Sale

€138,000

Alvor
Alvor, Algarve, Portugal

1bd 1ba 38 sqm

Year Built: 0

Listed By: Gatehouse Int. Med. Imo. Lda.

Listed On: 04/10/2025

Listing ID: GL12041011 View More Details

Description

Studio Apartment For Sale in Prainha Clube Alvor Algarve - a 38m2 apartment within a 4 star resort with a swimming pool and sporting facilities and an ideal rental investment.

The apartment has an entrance hallway, a large bedroom and lounge, a separate fitted kitchen, a bathroom and an outside terrace overlooking the pool.

Located in the prestigious Prainha development, with 3 playing fields: 1 tennis, 1 padel, and another multi-game. 2 playgrounds and 2 outdoor swimming pools, restaurants and a supermarket. With private access to the beach by elevator. Exterior parking .

This apartment has a tourist operating license, therefore it will have to be handed over to the operating entity.
The rental guarantee is €4,876.00 per year, or €5,476.00 without using the 21 days to which the owner is entitled.
Exploration is for a period of 7 months between April 1st and October 31st, except in years when Easter is in March. During the remaining months the complex is closed and cannot be used by the owners. The profitability value includes the costs of water, electricity, cleaning and linen for clients staying at Prainha Clube, the owner will pay €86 for each week of occupancy to cover service expenses. The complex only operates from April/March to the end of October.
it is the owner's responsibility to pay iMi and condominium and multi-risk insurance.
Annual values. Condominium/year - €1,000.00 Multi-risk insurance - €50.40 iMi ( Council tax) - €195.00

in brief:
- entrance and hallway
- lounge/bedroom
- kitchen
- bathroom
- terrace

Features

* Air Conditioning
* AL Rental Licensed
* Elevator
* Shared Garden
* Shared Swimming Pool