Description
DESCRIPTION
T0 located in Praia da Rocha, Portimão, Algarve;
T0 class apartment in a building built in 1982, under the Horizontal Property regime, with several fractions, of which 21 floors above ground and 3 below ground are an integral part, served by 2 freight elevators, 4 elevators, power plants, thermal and water lift existing on the 2nd floor;
Apartment is located on the 4th Floor, consisting of a room with kitchenette, bathroom and terrace with lots of natural light;
Solar orientation to the South and West;
Building with 24-hour security and reception.
AREAS
33.90sqm of private gross area and 4.10sqm of dependent gross area;
NEARBY
250 meters from the beach;
66 km from Faro airport;
266 Km from Lisbon.
STRENGTHS
Solar Orientation
Proximity to the beach;
24 Hour Security and Reception
OPPORTUNITIES
Area of excellent profitability on a seasonal rental basis (close to the beach).
ADDITIONAL INFORMATION
Housing Use License No. 38/82 issued on 11/03/1982;
Condominium fee (quarter): €170.85.
TAXES / RETURN
I. M. I. (year): €170.86;
Entry yield: 4.91%.
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