Pelican Alvor Apartments

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A haven in the Algarve where the hustle and worries of everyday life are left behind. With several indoor and outdoor areas, here there are spaces and activities for all ages, an invitation to enjoy quality family moments. It is not by chance that we chose the pelican to name the hotel. This animal symbolizes the strength of family bonds between parents and children

Pelican Alvor is the ideal choice for a relaxed family holiday filled with good memories. The green setting that surrounds the hotel and the outdoor spaces invite you to enjoy nature and the Algarve sun. Hot days can be put to good use at the hotel's swimming pool or at Praia do Alvor, located just 2 km away. If hiking and discovering different places is one of your family's favourite activities, explore the Ria do Alvor Nature Reserve.

Project Benefits

• Investment Category EUR 400 000

• 1 Bedrooms (67 m2) = Price 400k EUR

• 2 Bedroom (97 m2) = Price 450k EUR

• Full Title Deed – Apartment Hotel

• 8.3 out of 10 on Booking.com

• Restaurant, Bar, Swimming Pool, Parking

• Ready Built Resort, Fully Redecorated in 2021

• Rental Income of 4% (2 bed)- 5.2% (1 bed) per year for 6 years, Paid Upfront before property is purchased

• Capital Required for 400k 1 Bed = EUR 306,000

• Capital Required for 450k 2 Bed = EUR 397,500

• 100% Buyback once Citizenship/PR Obtained of EUR 400 000 in Year 6 (Optional for Investor)

• Owner Can use up to 4 weeks per year