Touristic Apartment with 5% yield in Algarve - Pestana Gramacho Residences
Aldeamento Turístico do Gramacho, 8401-908 Carvoeiro, Faro, Portugal
$116,571
Price
5%
Cap Rate
6
Keys
Overview
Description
Touristic Apartment with 5% yield in Algarve - Pestana Gramacho Residences
FEATURES:
• Communal Exterior Swimming Pool
• Fully Fitted Kitchenette
• 1 Bathroom
Studio Apartment, located near Pestana Golf & Resorts - Carvoeiro. The apartment includes the studio bedroom, 1 bathroom, a fully fitted kitchenette, communal exterior swimming pool area, fitness studio, and SPA.
PESTANA GRAMACHO RESIDENCES is in an excellent location just 5 minutes away from Ferragudo and next to the Gramacho golf course.
It consists of 34 apartments; with a choice of studios, one and two-bedroom apartments, as well as 23 classic double rooms.
Prices from 100.000,00 € to 391.800,00 €
All properties are fully furnished and equipped
For those looking for investment, Pestana Golf Real Estate offers a special rental program that guarantees a 5% return on investment in the first two years.
Highlights
- 5% return on investment in the first two years
- Communal Exterior Swimming Pool