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How can I invest in a renovated 1 bedroom apartment in West Algarve?

Apartment in Salema

ref. LW2445
57.488.338¥
  • D
  • 1
  • 1
  • 75m2

Investing in a newly renovated 1 bedroom apartment in West Algarve is a tremendous opportunity, especially with a property priced at €315,000. This ground floor apartment, just 600 metres from the stunning Salema beach, presents an ideal chance for those looking to enter the property market in this sought-after location. Perfect for buyers wanting a holiday home or a permanent residence, the apartment has a spacious open plan living area and a fully fitted modern kitchen that adds value and appeal. With a living area of 75.2m², this compact yet functional space is designed for comfort and quality living, making it a profitable investment for potential short-term rentals. The upgrading completed in 2022 ensures that you are purchasing a property that is move-in ready and aesthetically pleasing to potential tenants. Besides the apartment's attributes, the immediate vicinity offers essential amenities, making this property even more appealing to renters or residents. To attract guests, you can highlight that a golf resort lies just 2.2 km away along with local restaurants and shops. As an added advantage, property management can assist you in maximising your ROI by ensuring a seamless rental process. Given the growing popularity of Algarve as a holiday destination, this property represents a prime investment opportunity with excellent rental potential. Are you ready to learn more about this investment possibility? Contact us for further details and to arrange your viewing.

Usage
Residential
Type
Apartment
Town
Salema
Parish
Budens
Municipality
Vila do Bispo, Faro
Region
Algarve (West)
Construction Year
1991
Renovation Year
2022
Rooms
2
Bedrooms
1
Bathrooms
1
Floors
1
Furnished
Fully
Living Area
75 m²
Usable area
77 m²
Balcony/Patio area
1 m²
Tarmac
Parking outdoors, Parking Places
Open Plan
Balcony/Terrace
Fully Fitted, Fully Equipped
Entrance Hall
Terrace, Fitted Wardrobe
1 Shower room
Internet/Phone, Cable/Satellite TV
Mains electric, Mains water, Mains drainage
Double glazing
Landscaped, Communal gardens
Tennis court
Countryside View
● 1 Bedroom, 1 Bathroom
● Living area 75.2m²
● Fully Furnished
● Year of construction 1991, Renovated 2022
● Great investment opportunity
● Distance from Salema beach 600m

One bedroom, ground floor apartment, ideal for those looking to enjoy the beautiful west Algarve beaches and sunshine. A good investment for a holiday apartment or as a permanent home for the first time buyer. Modernised with a fully fitted kitchen and walk in shower. A viewing is highly recommended.

The property consists of:
● Large entrance hall
● Open plan living room
● Modern fully fitted kitchen/dining area
● Bedroom with small terrace
● Bathroom with walk in shower

Amenities

• UPVC windows
• Mains electricity
• Mains water
• Outdoor parking spaces

Location

• Nearest beach: 600m Salema
• Nearest golf: 2.2km Santo Antonio Golf Resort (Parque da Floresta)
• Nearest school:1.4km Figueira
• Nearest village: 500m Salema 3.3km to Budens
• Nearest city: Lagos 18.4km
• Faro Airport: 102km
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