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Apartment with pool Albufeira e Olhos de Água (Portugal)by annonceur international

Apartment with poolAlbufeira e Olhos de Água (Portugal)
Price :
$1,739,700
($8,922 / m²)
Surface195 bedrooms3 bathrooms3

The freehold two- and three-bedroom apartments are located within a 5-star Luxury Collection Resort, set amidst a scenic pine grove, perched above the sea, and overlooking the resort's golf course.Features & AmenitiesTwo- & three-bedroom optionsTwo & three bathroomsFully furnishedTerraces & balconiesTwo-bedroom: 130-136 sqm builtThree-bedroom: 195 sqm builtParkingAir conditioning in each roomStone and tile flooringWindow and door sills in natural stoneSiemens appliancesFitted wooden wardrobesAccess to all hotel servicesInternal TV, Pay TV, and internet accessEnergy system controlFire detection systemSprinkler system and fire extinguishers24-hour central surveillance serviceCCTV in outdoor areasShared swimming poolGreen areasGolf courseResort OverviewThese apartments are situated in one of Portugal's most exclusive resorts, spanning 70 hectares between Albufeira and Vilamoura. Perched atop the Algarve's iconic ochre-red cliffs, the resort offers breathtaking Atlantic Ocean views and is surrounded by unspoiled natural beauty.Blending modernity with tradition, the resort features Mediterranean architecture, typical Algarvian design, and warm hospitality. Despite its extensive amenities, it ensures a sense of privacy and exclusivity.As a property owner, you will enjoy exclusive discounts on a variety of resort services, including a 9-hole golf course, 7 swimming pools, a Health & Fitness Center, 12 restaurants & lounges, a SPA & Wellness Center (Serenity Spa - The Art of Well-Being), a children's village, tennis & padel courts, and much more.IInvestment OverviewThis is an investment in a holiday home under the Luxury Collection brand by Marriott. A rental agreement is signed for property inclusion in a rental pool with a possibility to use the apartment up to 183 days/year.From the gross revenue generated within the rental pool, the management company deducts all operational costs, including:Daily maid service & towel changeOngoing maintenance & repair programFront office & porter servicesCondominium & resort feesInsuranceManagement fees5% replacement reserveThe net income is then distributed daily, based on the square meters of each unit, among all owners who have their unit available in the rental pool, regardless of whether it was rented that day. This amount is net of operational costs but subject to applicable taxes.Owners may use their property for up to 26 weeks per year, with a restriction of 14 nights during July and August. Energy Rating: B ref:G-347 (2)
Advertiser reference : 112047118Le Figaro Properties reference : 93943681

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Apartment with pool Albufeira e Olhos de Água (Portugal)

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