This Sea-View Villa in the Algarve is situated in Vila Do Bispo. This spacious 2-bedroom villa enjoys this small towns characteristics such as the narrow streets and whitewashed houses. The town sits almost at the extreme south-west corner of both Portugal and Europe facing the Atlantic coast. It attracts a few surfers, walkers, and other visitors who are looking for peace and quiet, but with only a few cafés and restaurants, the town can be very quiet.
Nowadays most buyers also seek a return on their investment, so the concept of Guaranteed Income makes perfect sense.
This Unique Real Estate Investment Oppotunity includes:
1 – Guaranteed Annual Income with income of 3% of the Purchase Value of the Property during the first 6 years;
2 – The hotel operator will be responsible for providing the real estate and rental package. Also covered are all costs inherent to property insurance, condominium costs, operating and maintenance charges during the term of the lease agreement;
3 – The owner may use his property for 2 weeks a year in high season and up to 8 weeks in the Low season;
4 – All properties are sold in full ownership. The owner may sell the fraction during the term of the contract
5 – Application to Gold Visa investors also from 2022.
Sea-View Villa in the Algarve
As well as being a great opportunity for investment, the property is within the criteria allowing an overseas buyer the option of applying for a Golden Visa in Portugal.
Currently, acquisitions of property worth €500,000 or more allow an investor to apply for Schengen Visa rights. More details on applications for Golden Visas in Portugal are available here.
Spacious 2-bedroom villa
The KHI team can arrange viewings in advance and also assist with an application for a mortgage if required. We also have self-serve viewing options available, including video walkthroughs, 360-degree virtual reality viewings and enhanced comprehensive photography.
Members of the KHI team speak English, Portuguese, French, Arabic, Russian and Turkish. We have offices in Lisbon, Edinburgh in the UK and Bodrum, Istanbul and Fethiye in Turkey.
If you would like to know more about properties for sale in the Lisbon area or if you would like one of our representatives to contact you, feel free to contact us here.
We have completed many transactions in four different countries successfully. Feedback from our clients can also be seen on our Facebook page here.