Description

Investment opportunity in a holiday home located in the heart of the Ria Formosa Natural Park, with the possibility of up to 4% annual return on the purchase price, allowing for self-sufficiency in maintenance costs!


Located in the Golden Club Cabanas Urbanization, facing east, on the second floor of a 3-story building (0-2), with elevator and access for people with reduced mobility.


By paying the annual condominium fee (approximately €2,680.00/year), you have access for up to 4 users simultaneously to the urbanization's leisure facilities (outdoor pools, health club with indoor pool - heated from October to May, Kids Club, gym, etc.).


Regarding the property, it consists of a small apartment (gross private area: 64.52 sqm), with a mezzanine bedroom, located in a tourist condominium (possesses a residential license).


It is in good condition and has some improvements (updated kitchen and bathroom), with potential for appreciation through more extensive renovations.


The building has a usage license from 1984, with several updates over time.


Schedule your visit and seize this opportunity!