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Cafe in the center of the old town of Albufeira, Portugal. Purchasing entitles you to obtain a residence permit

729,000 $
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Total area: 195 m²
  • 6-floor building

Offer for those who want to invest in Europe and obtain a guaranteed regular income in euro. After purchasing the property, you can apply for a residence permit.

Description

The unit comes with a rent contract — 2800 euro per month, signed for 10 years with an increase of 3% each year. In addition tenants pay utilities + comunidad. The owner of the room actually only pays an annual tax (about 800 euro) and income tax.

Includes 1 place in the underground parking.

Location

Albufeira — one of the most popular resorts in southern Portugal. The small town is surrounded by beautiful beaches, pine trees and orange plantations. Here are located many restaurants, clubs and shops.

We can help you get a Gold Visa (permit without tax residence) when buying a property worth €500,000 or more.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Albufeira
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