Buyers looking for an Albufeira property for holiday rental investment can consider this modern three-bedroom penthouse priced at €950,000. Its location, communal pool and proximity to the beach make it well suited to guests seeking a convenient Algarve holiday base. The apartment is within walking distance of restaurants, cafes, bars, shops and local beaches. Constructed in 2022, it offers a turnkey solution rather than requiring renovation or refurbishment. The property has 206m² of usable area and a practical four-room layout. Three bedrooms and two bathrooms provide comfortable accommodation for families or groups. The main bedroom has an en-suite bathroom and a private terrace. Both guest bedrooms also open onto terraces, with one enjoying sea views. The lounge and dining room lead to a south-facing terrace for outdoor meals and evening relaxation. A modern kitchen diner includes integrated Bosch appliances. High-specification fixtures and fittings support a premium rental presentation. Sea views and a private roof terrace can help distinguish the apartment from more conventional holiday accommodation. Guests can also enjoy the communal swimming pool and decked sunbathing terraces. Communal gardens add further appeal for visitors travelling with family. Gated access and private underground parking offer useful security and convenience. Central air conditioning and double glazing improve comfort during warmer months. The beach is approximately 350 metres away on foot. Cafes, bars and restaurants are around 300 metres from the development, reducing the need for car journeys. The nearest golf course is 3.5 kilometres away, and Faro Airport is approximately 41.2 kilometres distant. While no rental income or ROI is guaranteed, the location and facilities create clear holiday-let potential for careful investors. Contact us to discuss the purchase, rental strategy and viewing arrangements.
• 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