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Villa – Vila do Bispo, Faro, Portugal

800,000 €
  • Total area
    138 m²
  • Land area
    257 m²
  • Bedrooms
  • Bathrooms
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  • Balcony or terrace
  • Garden

Investment Opportunity for GOLDEN VISA — Residence Permit with guaranteed income Investment Model: Guaranteed minimum return of 3% year in the first 6 years Tourism Exploration Contract All expenses are included until the end of the contract Owner use — 2 weeks per year between November and March 3 bedroom villa situated in a secluded area, next to a small pine forest, but close to the main facilities of the resort. All houses have a small private pool enriching the garden with indigenous and wild flora. The Villas appeal to families who appreciate a certain isolation but want at the same time to keep the proximity of the resort's leisure and entertainment attractions. On the r/c fully equipped kitchen with'open space' for the dining room and living room with sliding doors that give access to the terrace, as well as to the garden and swimming pool, with an area of 40sqm, a social toilet with 5sqm, twin bedroom with an area of 20 m² and bathroom with bathroom/ shower. Another double bedroom, with full bathroom and an area of 22sqm, another room with 15 m² Terrace with 46 m² and a garden area of 257 m² Option 1 — 800,000EUR 1. Annual Rental Income of 3% of the Purchase Price of the Property for the first 6 years; 2. The hotel operator shall be responsible for providing the furniture and rental package. They will also cover the charges of property insurance, condominium charges, utilities, expenses and all maintenance until the end of the lease; 3. The owner will be entitled to use the property for 2 weeks per year high season and up to 8 weeks low season; 4. All properties in Martinhal are property free and the owner is entitled to sell his property during the contract period; Option 2 — 680,000EUR Sale price for a 6 year rental free period with 2 weeks in summer outside July/August, 8 weeks owner use low season Option 3 — 660,000EUR Sale price for a free rent for 6 years with no high weeks of owner use and 8 weeks of use of the low season owner The information referred to is not binding. You should consult the property documentation.

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If this property wasn’t for you, take a look at other houses for sale in Portugal.

You can see more houses for sale in Vila do Bispo elsewhere on our website.

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