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4 Bedrooms - Villa - Algarve - For Sale

Location Europe › Portugal Date Added: 13.04.2015 at 21:58 Expiration Date: 27.06.2031 at 12:58 Page Views: 108 Listing ID 84680

Technical data

Purpose
Sale
Year of Construction
1987
Size of Property
350 m²
Bedrooms
4
Status
Available
Floor
3

Description

ARE YOU LOOKING FOR A GOOD INVESTMENT!

A property built with quality, initially to be the home of the builder. It was totally renovated in 2005.New swimming pool, water system to the house and irrigation, new roof, new bathrooms, interior and exterior doors, new kitchen, well kept gardens, good neighbourhood.

What is the return on investment?

5% per annum, with bank guarantee, if you give the property under management for twelve months a year. Possibilty of using the villa for the period between November and March for a total of four weeks, possible at alternate weeks, including car hire during your stay, all inclusive. Also possible to occupy from April to October at normal rental prices less 15%.

It is expected that the real estate in Vilamoura will rise at about 3% a year, from 2015 and reach 10% mark within seven years, which used to be the normal increase before 2008.

the investment in property can generate significant rental income, as a personal investment, to hang on to far at least ten years, still makes sense, and is the safest long term investment you can make with your money.

Casa AltaVista comprises two floors, on the ground floor there is a sitting room and a dining room at split level, well equipped kitchen all electric appliances, one bedroom and a full bathroom, stairs to second floor with three bedrooms, one with en-suite full bathroom with jacuzzi, one wc and washbasin en suite, and another full bathroom, all rooms with balcony overlooking the golf course, there is a roof terrace with a 360 view to the hills, the golf course and the sea. Garden with lawns and flowers, privete swimming pool, sun beds, tales and 8 chairs, brick barbecue. Coast/Beach Falesia beach and Marina beach about two kilometres away, with restaurants and bars with snack service, toilets and shower rooms. Golf There are four Golf courses in Vilamoura, all within less the five minutes drive from the villa. Distances Falesia Beach 2 miles Supermarket 300 meters Restaurants & shops from 500 to 1000 meters Browns Sports & Leisure 2 kilometers Vilamoura Marina, casino with floor show, restaurants, shops & bars 2 kilometres Lawn bowling 1 kilometre Faro airport 20 kilometres.

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