Buying a penthouse investment property in the Algarve, particularly this stunning three-bedroom apartment in Albufeira, starts by understanding both the appeal of the area and the specifics of the property. Priced at €1,000,000, this turnkey apartment presents a lucrative opportunity for investors looking to capitalise on the booming rental market in this desirable destination. This property features a modern design with high specification finishes, Bosch kitchen appliances, and an expansive usable area of 206m², making it attractive to holidaymakers and long-term tenants alike.
Located just 350 metres from the beach, guests can enjoy easy access to local amenities, including restaurants, shops, and vibrant nightlife, ensuring a steady influx of rental clients year-round. Furthermore, the apartment's private roof terrace affords spectacular sea views, enhancing its appeal. Navigating the buying process can be straightforward, especially with professional guidance from local real estate experts who understand the market intricacies.
Investors can also benefit from the opportunity to rent the property through established holiday rental platforms, maximising occupancy rates during peak seasons. The spacious living areas, including a master bedroom ensuite and two additional guest bedrooms, provide luxurious accommodations for guests, further increasing rental potential. Additionally, the on-site communal pool and gardens add another layer of attraction for prospective renters. Given the high demand for properties in Albufeira, this penthouse offers not just a place to stay but a wise investment opportunity. Make your move now and start reaping the benefits of ownership in one of Europe’s most sought-after coastal regions. Contact us today for more information!
• Usable Area 206m²
• Year of Construction 2022
• 3 Bedrooms, 2 Bathrooms (1 En-Suite)
• Walking Distance to Beach, Restaurants & Shops
• High Specification Finishes
This newly constructed 3 bedroom apartment is located in the heart of Albufeira, walking distance to the beach and close to all amenities. The top floor penthouse is located at the end of the building boasting a private roof terrace and the best sea views of all the apartments. With Bosch appliances in the modern kitchen and high specification finishes, this apartment would make a perfect getaway for holidays or as an investment for holiday rentals.
The apartments consist of:
• Hallway
• Lounge dining room with south facing terrace
• Kitchen diner with integrated appliances
• Master bedroom with en-suite bathroom and terrace
• 2 guests bedrooms with terraces, one with sea view
• 1 guest bathroom
Outside
• Communal swimming pool with sunbathing decked terraces
• Communal gardens
• Gated and secure
• Underground parking with automatic door
• Storage in basement available
Amenities
• Central A/C
• Double glazed windows
• All Bosch appliances in kitchen
• Builder's 5 year guarantee
Location
• 300 meters to cafes, bars and restaurants
• 350 meters on foot to the beach
• 3.5 km to the nearest golf course
• 41.2 km to Faro airport
• 3 km to nearest school
Other Info
More parking spaces and lockable storage units available for sale at a small extra cost
