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Renovation Project 2 Bedroom Apartment with Huge Roof Terrace in Historical Albufeira Old Town

Apartment in Albufeira

ref. VM2003
270.000€
  • F
  • 2
  • 1
  • 110m2
  • Alojamento Local

This property is a great investment opportunity in a central location in Albufeira, close to all amenities and once renovated would make a perfect high end holiday rental.

Usage
Residential
Type
Apartment
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Rooms
3
Bedrooms
2
Bathrooms
1
Floors
1
Furnished
Partly
Living Area
110 m²
Tarmac
Lounge/Dining, Patio Doors
Balcony/Terrace
Own Entrance, Partly fitted, Rustic
Family Bathroom
Mains electric, Mains water, Mains drainage, Gas Bottle
Single Glazing, Wood frames, Manual Shutters/Blinds
Town View
• Living Area 110m²
• Usable Area 145m²
• 2 Bedrooms, 1 Bathroom
• 80m² Roof Terrace
• Walking Distance to Beach, Restaurants, Shops

This property has a huge potential to renovate and resell due to its sought-after location in the centre of a busy tourist resort. With a huge roof terrace perfect for alfresco dining and entertaining it would make for a great holiday rental property.

The property consists of:
• Entry from street up one flight of internal stairs

First Floor:
• Living room
• Kitchen with access to terrace
• 2 bedrooms
• 1 bathroom
• Hall

Outside:
• 1 w.c.
• 1 storage room
• Terrace
• Stairs to roof terrace

Roof Terrace:
• 80m² with access directly from street on external steps
• 1 storage room

Amenities

• Mains Water & Drainage

Location

• 450 meters to beach
• 58 meters to supermarket
• 140 meters to closest restaurant
• 37 km to Faro airport
• 800 meters to closest school
• 4.8 km to nearest golf course
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