When considering investment properties for holiday rentals in Albufeira, this modern 3-bedroom penthouse apartment stands out as an exceptional choice. Priced at €1,000,000, reduced from €1,200,000, it promises lucrative returns in the thriving Algarve rental market, especially due to its strategic location just 350 meters from the beach and near vibrant dining and shopping venues.
The property is a turnkey investment, complete with high-end finishes and fixtures, making it attractive to potential tenants. With a usable area of 206m², the penthouse features spacious living areas that enhance comfort and luxury. Its adaptable layout, with a master bedroom offering an en-suite and two guest bedrooms, makes it ideal for families and groups seeking short-term stays.
Its outstanding sea views from the roof terrace are a key selling point, capturing the beauty of coastal living. The communal pool and gardens further appeal to guests looking for relaxation after beach days, boosting the attractiveness of your rental offer.
Located within walking distance to shops, restaurants, and recreational activities, this property is positioned to attract consistent occupancy, especially during peak tourist seasons. With the added convenience of secure underground parking, it caters to a hassle-free stay for guests.
Investing in this penthouse not only secures a luxurious lifestyle but also offers strong rental potential, appealing to both holidaymakers and year-round residents. Seize this opportunity to invest in a prime property in Albufeira; contact us to arrange a viewing!
• 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
