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How suitable is a 1 bedroom apartment in Salema for investment?

Apartment in Salema

ref. LW2445
315.000€
  • D
  • 1
  • 1
  • 75m2

Investing in a 1 bedroom apartment in Salema is very promising, with this particular unit priced at €315,000 and situated only 600m from the beach. This flat, fully renovated in 2022, offers modern living that appeals to both short-term vacation renters and long-term residents. With a living space of 75.2m², the apartment features an open plan area that maximises comfort and usability.

The proximity to the beautiful coastline and essential services enhances the property's attractiveness as a holiday home or rental property. Investors can expect robust rental potential, especially during the peak tourist season, when demand for properties in the Algarve surges. Additionally, being located in Salema allows access to local amenities while embracing the peaceful charm of a small fishing village.

The communal gardens and outdoor parking spaces add to the appeal for prospective tenants or homeowners. With manageable monthly maintenance fees and low IMI charges, affordability strengthens the investment case for this apartment. For savvy property seekers, this flat represents excellent value in an idyllic location. Don't miss out on this opportunity; contact us today for further details!

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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