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
Cap Rate
5%
Keys
6
Price Per Unit
$116,571
Management
Encumbered
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

Location
Gallery