Apartment T1 for sale in Portimão

Portimão
450 000 €Sale
id. 7014609
105 m²
1 Bedrooms

Description

Vista Marina Luxury, Profitability, and a Prime Location. We are pleased to present this excellent real estate opportunity in the prestigious Vista Marina condominium, located in Portimão, just steps from the iconic Praia da Rocha and the charming Arade River riverfront. This landmark development combines luxury, elegance, comfort, and high profitability potential, making it the ideal choice for both discerning investors and those seeking an exclusive residence in the Algarve. Main Features of the Development: · Strategic location in one of the Algarve's most valued areas · Expansive and unobstructed views of the Arade River · Contemporary design apartments · High-quality finishes · Swimming pool, landscaped gardens, restaurant, gym, and secure parking Quick access to beaches, restaurants, and tourist attractions Advantages for Investors ✔ Guaranteed Income: Option for an annual return of 2.5% on the investment value, with up to 6 months of personal use between November and April. ✔ Performance Contract: Profit sharing with 60% of the net income for the investor. Flexibility in choosing the periods of personal use. ✔ Appreciation Potential: With an estimated 8.7% growth in the Portuguese real estate market in 2024, Vista Marina represents a safe and promising investment. ✔ Continuous Tourist Demand: Praia da Rocha maintains high demand throughout the year, guaranteeing consistent returns on short-term rentals. Flexibility of Use Whether as a personal vacation home or as a source of passive income, Vista Marina allows investors to maximize the use of the property according to their preferences and financial goals. Purchase for Exclusively Personal Use If you prefer, you can purchase the property solely for your own use.

Details

Gross Area m²
105
Total Lot Area m²
- -
Living Area m²
69
Bedrooms
1
Year of Construction
2007
Elevator
No
Parking
Yes
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Living Room
Parking

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value450 000 €
Down Payment
45 000 €10%
Amortization Period:30 years
Monthly Payment (*)1818,63 €

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
Apartment T1 for sale in Portimão - 450 000 € | RE/MAX Extra