Buildings in Lagoa, view Beach

Building in Total Ownership with 4 Fractions T0 | Carvoeiro | Local Accommodation | Yield 6.6%

Real estate asset located in Carvoeiro, Municipality of Lagoa, in the Algarve, approximately 100 meters from the beach, inserted in one of the areas with the highest tourist demand in the region.

The property is in full ownership and consists of 4 fractions of type T0, currently in operation as Local Accommodation, with stabilised operation and proven track record of excellent performance.

Key indicators:

· Annual gross return: 6.6% (last financial year)

· Fully functioning asset

· Completely refurbished (recent full intervention)

· Units sold equipped and furnished (’turnkey’ model)

Characteristics of the fractions:

· Air conditioning installed

· Fully equipped kitchens with all appliances

· Functional layout optimised for short-term rental

· Post-remodelling contemporary standard

In a premium location, within walking distance of the beach and all the commercial and restaurant offer, it has a high occupancy rate and strong attractiveness to the national and international tourist market.

It is an investment with active cash-flow, reduced operational risk (asset already in operation) and potential for appreciation associated with the scarcity of product in a central and coastal location.

Professional photo shoot coming soon.