€715,000 | Sagres, Western Algarve | ID#388
Property Summary: Prop ID#388
Investment Property : Townhouse | Beds:2 | Baths: 2
- BEACH FRONT RESORT
- Guaranteed 4% return p.a for 10 years
- Stunning sea views
- Contemporary style
- Great investment
- 4 heated swimming pools
- On site Spa
- Beautiful furnishings
- Energy Performance Certificate B
Stunning 2 bedroom townhouses in a prime position right at the heart of the resort carefully arranged in small terraced groups. They are built upside down, with living spaces created upstairs to take full advantage of the incredible sea views.
These properties consist of a lounge/diner, fully fitted kitchen, 2 bedrooms with one en-suite plus a family bathroom. Also, they have their own private verandas where you can enjoy your evening meals overlooking the Atlantic Ocean and watch the sun set in splendour. All homes include air conditioning, under floor heating, double glazing and solar panel heating. It is an outstanding location: the beach is on the doorstep as are all the resortâ€™s leisure and entertainment facilities.
All homes for sale are freehold and, with being operated in the long term by a known co-developer as a full scale luxury resort, owners can be assured of the best Leaseback terms such as:
- Fixed 4% return on the purchase price for 10 years
- Condominium fees, utilities and resort membership paid by the Hotel operator
- Furniture pack and maintenance of furniture
- 4 to 8 weeks usage per annum (depending on the time of the year)
Great property for investors!!!