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Is a three-bedroom Albufeira apartment near the beach a good holiday-let investment?

Apartment in Albufeira

ref. VM2066
1.200.000€ 950.000€
  • A
  • 3
  • 2
  • 138m2
  • Modern Construction

This three-bedroom Albufeira apartment near the beach is priced at €950,000 and could suit buyers considering a holiday-let investment. Its location approximately 350 metres from the beach, with restaurants, cafés and bars around 300 metres away, supports strong guest convenience. The modern turnkey penthouse also offers sea views, a private roof terrace, a communal pool and underground parking. Built in 2022, the apartment requires no immediate modernisation based on the supplied details. It is located within a gated and secure development in the popular cosmopolitan town of Albufeira. The top-floor position at the end of the building provides privacy and the best sea views in the development. Three bedrooms allow the property to accommodate families or groups seeking a coastal Algarve base. The main bedroom includes an en-suite bathroom and a private terrace. Two guest bedrooms have terraces, and one enjoys a sea view. The apartment has two bathrooms, which is practical for holiday occupancy. The open lounge and dining room lead onto a south-facing terrace. A private roof terrace adds a distinctive feature for guests and personal use. The modern kitchen diner includes integrated Bosch appliances. High-specification fixtures and fittings can help create an appealing presentation for prospective renters. Central air conditioning is valuable for comfortable summer stays. Double-glazed windows with UVA protection add to the property’s overall specification. Guests can use the communal swimming pool, sunbathing terraces and communal gardens. Private underground parking with an automatic door is an additional advantage in a popular coastal destination. Basement storage is available, with extra parking spaces and lockable storage units offered separately. Golf is located approximately 3.5 kilometres away, adding another leisure attraction for visitors. Faro Airport is around 41.2 kilometres from Albufeira, supporting access for international holidaymakers. The property may offer rental potential, although actual ROI and income will depend on occupancy, management, licensing, operating costs and market conditions. Buyers should obtain independent advice and verify all holiday-let requirements before proceeding. Contact us to discuss the investment potential and schedule a viewing.

Usage
Residential
Type
Apartment
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Construction Year
2022
Rooms
4
Bedrooms
3
Bathrooms
2
Living Area
138 m²
Balcony/Patio area
18 m²
Garage, Underground, Private Parking
Roof Terrace
Kitchen/Dining, Fully Fitted, Modern
Underground Storage
Double glazing, UVA Protection
Communal
Communal gardens
Sea View
Modern Construction
• 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
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