For sale | 1 Bedroom(s) | Monchique | Montinho de Monchique

1 bedroom apartment in the Monchique Resort Hotel & SPA.
This 1 bedroom apartment consists of a living room with kitchenette, 1 service bathroom with douche, 1 bedroom en suite with bathtub and a terrace.
With a gross private area of 60.95 m², this unit is intended for tourist accommodation that admits animals (inside the unit).
This apartment will be sold fully furnished and equipped.
With outdoor pools, gym, pilates classes, the owner can choose to hand over the property to the hotel's operation.
This apartment is part of a tourist resort with 195 apartments
It is under an operating contract, which may be made available through a confidentiality agreement, but which roughly establishes:
- rights and duties of owners;
- use of the fraction for about 1 month each year, being exempt from the payment of the periodic installment (condominium);
- Payment by the operator of a monthly fee of around €120
- the owner may decide not to be part of the operating contract and in this case he will be able to use the apartment (note that the development is closed in the months of November to February); In this case, you will be obliged to pay the condominium fee of around €4,900 / year.
- Direct lease by the owner is not possible.
Come visit before it's too late!