Buyers of apartments in the newly built Real Marina Residences in Olhaõ are being offered guaranteed rental income by the company responsible for the development, Groupo Hotéis Real.
The 80 luxury apartments will be officially inaugurated on October 1 and have all been fully furnished and equipped, representing an investment of 18 million Euros.
In total there are 20 one bedroom, 44 two bedroom and 16 three bedroom apartments for sale, with all having access to an outdoor pool on top of the building while benefiting from being part of the Marina Village which also includes the five star Real Marina Hotel & Spa.
Those investing in the Real Marina Residences will be ensured a net income of four percent for the first five years that the property is rented out to tourists, with buyers being entitled to use the property for their own purpose for any two weeks between November and March and at special rates at other times.
António Pereira, an administrator with the group said: “The Group Hotéis Real are putting their faith in the strength of the rental potential to tourists of these properties, and the guaranteed income of four percent for five years is a great option for buyers looking to earn from their property investment while having a place to use themselves.”
He added: “This project represents a different option for investors in the Algarve by providing variation and quality within a five star environment.”
For further information about the Real Marina Residences please call 289 598 000 or alternatively visit www.realhotelsgroup.com (available in English).