€725,000

2 bedroom apartment inserted in the luxurious tourist development of 5 Esstrelas "As Cascatas Resort Golf & Spa" located in Vilamoura We present this elegant 2 bedroom apartment located in Vilamoura, inserted in the prestigious condominium As Cascatas Resort Golf & Spa, integrated in the Hilton Hotel property. Located in one of the most valued residential and tourist areas in the region, the property benefits from excellent accessibility, proximity to shops, services, golf courses to the main attractions of Vilamoura. Set in five hectares of gardens, with a distinctive Moorish architecture, fantastic pools, glorious waterfalls, 24-hour reception and security, Beach Club with private beach at Praia da Falésia, 6 Swimming Pools, Gym, best SPA in Portugal, Paradise Islands Kids Club and 5 Restaurants and Bars. Excellent property for usufruct or for income with a yield of 6%, that is, with income above 40,000 Euros per year and a condominium of 400 Euros per month. The fraction is located on the first floor and has a generous area, consisting of a kitchen, living room, two bedrooms, including a suite, a bathroom and two large balconies, providing comfort and functionality for enjoyment, holidays or investment. The property is complemented by a storage room and two private parking spaces marked by spaces 27 and 28. Inserted in a reference tourist development, residents benefit from access to various amenities, including swimming pools, large garden areas, children's playground and gym, enjoying a quiet and exclusive environment. The surroundings are characterized by quality villas and buildings, giving a high attractiveness to the location. The apartment is in good condition and is vacant, allowing immediate occupation. The local real estate market maintains consistent demand, making this an excellent opportunity for both own residence and investment with potential for profitability. If you are looking for a property in a premium location in the Algarve, with space, comfort and access to high quality services, this may be the ideal opportunity. NOTE: This fraction has a service allocation and is part of a tourist development, so it cannot be used as permanent housing. Come visit and enjoy the special financing conditions!