If you're looking for an investment property in the West Algarve, this spacious 2-bedroom apartment in Salema is currently on the market for €329,000. Nestled within the picturesque village, just a stone's throw away from the beach, this property boasts a generous living space of 97 m² and a construction area of 109.2 m², ensuring ample room for comfortable living. The investment potential is immense, as it is ideally positioned for holiday rentals, attracting visitors year-round due to its proximity to local amenities and stunning landscapes.
The apartment features two large double bedrooms, perfect for accommodating families or groups of holidaymakers, alongside two well-appointed bathrooms for added convenience. Located just 550 metres from Salema beach, it offers easy access to sun, sand, and surf, making it highly desirable for vacation rentals. Moreover, it's a short walk from various restaurants, enhancing the local experience for visitors.
Set in a charming fishing village, you're not just investing in property; you’re investing in a lifestyle. The nearby 18-hole golf course and the lush Costa Vicentina National Park make it an appealing location for nature lovers and sports enthusiasts alike. The ease of access to the communal roof terrace provides panoramic views that are perfect for enjoying sunsets and social gatherings.
Currently, the apartment has a low monthly condominium fee of only €47, making it an appealing option for investors looking for low overhead while maximising profit potential. With an energy rating of C and all the essential utilities connected, this property is ready for you to move in or rent out. Reach out to us today to schedule a viewing and seize this wonderful investment opportunity!
• Living area 97m², Construction area 109.2m²
• 2 double bedrooms
• 1 Bathroom, 1 Shower room
• Year of construction 1991
• Furnishing negotiable
• Communal roof terrace
• Distance from the beach approx. 550m
Built in 1991 this second floor apartment has a generous living and dining room and a good size kitchen. Lovely country views and both bedrooms are also a generous size and have fitted wardrobes. The location is superb within minutes from the beautiful Salema beach and restaurants. It is an excellent choice for permanent residence or ideal for a holiday home with great rental potential.
Apartment
• Entrance hall
• Living and dining area with patio door to a Juliet balcony
• Kitchen with patio doors to terrace
• 2 double bedrooms with patio doors to balcony
• Family bathroom & shower room
External
• Communal roof terrace
• Ample parking
• Communal garden at front
• Access to paddle court
Amenities
• Secure entrance with intercom
• Maintenance & management available
• Fitted wardrobes
• Sat TV
Location
• Distance to beach: 550m
• Distance to sea: 460m
• Distance to Golf: 2km
• Distance from Airport: 102km
• Distance to nearest school: 1km
• Distance into centre of Salema: 500m
Other Info
• No elevator.
• Condominium fee is 47,00 per month.
