Apartment T2

Loulé, Almancil

620.000 €

Apartment T2
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Apartment T2, Loulé, Almancil 620.000 € REF: SPR2544A
103,16 m²
The Formosa Park Hotel apartments will be modern and luxurious residential units with large indoor and outdoor spaces. The breath-taking natural environment blends in with the elegance of contemporary architecture and decoration to achieve the perfect balance between design, comfort and respect for the surrounding nature. These magnificent apartments are literally opposite and within walking distance of one of the best Algarvian beaches: Ancão beach.

The development consists of 61 luxury apartments, of types T1 and T2, with areas ranging from 67 m² to 165 m². The apartments both can have a superb view of the blue ocean or a soothing view to the green of nature. The works will start at the end of 2018 so that everything is operational in the summer of 2019.

The price of T1 apartments is from € 250000 to € 550000.

Return on investment guaranteed, with an annual minimum of 5% in the first 3 years.

The Formosa Park Hotel Apartments ensure a guaranteed return on investment with an annual minimum of 5% in the first three years, with a right to use up to 15 days a year *. After the 3-year guaranteed income, owners will continue to participate in the proceeds of the venture.

An apartment in the Formosa Park Hotel is the ideal investment for obtaining a residence visa in the Schengen area (Golden Visa), or as a simple real estate investment considering future valuation.

The Formosa Park Hotel Apartments will be totally refurbished, furnished and equipped.

* The period between June 15 and September 15 does not apply for the days available to use the apartment.
Property Type Apartment
Typology 2 Bedrooms
Objective Sell
Condition New
Price 620.000 €
Year of Construction N/A
Country Portugal
District Faro
County Loulé
Parish Almancil
Zone N/A
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General Features
Rooms Area Floor Walls Ceilings Comments
Domotic System (Home automation)
Renewable Energy