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What are the investment opportunities for apartments in central Algarve?

Apartment in Albufeira

ref. VM2393
475.000€
  • B-
  • 1
  • 1
  • 82m2

Investing in apartments in central Algarve, especially near Albufeira, offers substantial potential for both holiday and long-term rentals. The modern 1-bedroom apartment listed at €475,000 in the Albufeira Living Condominium presents a prime opportunity for buyers looking for a stylish and exclusive property. Located only 650m from the breathtaking Praia da Oura beach, this apartment's desirable location increases its rental appeal significantly.

This property spans 82m², boasting a bright, airy living area alongside an inviting terrace of about 9m² – perfect for enjoying the Mediterranean sun. The quality finishes, including ceramic flooring and equipped kitchens with the latest appliances, enhance its value. With the right property management, owners can benefit from a solid return on investment as this area attracts tourists year-round.

Additionally, being in close proximity to Albufeira town centre and local amenities, this apartment meets the demands of both holidaymakers and long-term residents. The established annual rental income associated with the property further assures buyers of its potential for earning while they enjoy the comforts of a modern lifestyle.

This apartment features energy-efficient amenities such as air-conditioning and double glazing, ensuring comfort throughout the year. It also includes a communal pool and beautifully landscaped gardens, adding to the appeal for future renters.

For anyone considering an investment in the Algarve's thriving property market, this apartment represents a compelling opportunity. Get in touch today to learn more about this exceptional investment!

Usage
Residential
Type
Apartment
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Construction Year
2011
Rooms
2
Bedrooms
1
Bathrooms
1
Floors
1
Furnished
Fully
Living Area
82 m²
Balcony/Patio area
9 m²
Tarmac, Easy Access, Turning Space, Steep Access
Private Parking, Parking outdoors
Lounge/Dining, New Tiles
Countryside views
Open Plan, Fully Fitted, Modern, Electric Hob/Oven, Extractor, Fridge/Freezer, Dishwasher, Washing Machine, Gas Water Heater, Terrace
Entrance Hall, Storage
Fitted Wardrobe, Garden View
AC in Living Area, AC in 1 Bedroom
Satellite/Internet TV, Video Intercom, Boiler
Mains electric, Mains water, Mains drainage
Double glazing, Electric Shutters/Blinds
Communal, Tiled, Shower
Communal, Landscaped, Walled, Lawn, Trees
Countryside View
• 1 Bedroom
• Living Area 82m2
• Terrace approx. 9m2
• Year of construction 2011
• Great investment opportunity
• Distance from beach 650m

The Albufeira Living Condominium is the perfect place for those looking for a modern and exclusive lifestyle in Albufeira. Located near to the famous Praia da Oura beach, this development offers comfort and elegance and is an ideal holiday home or investment in the central Algarve.

Each unit has been carefully designed to provide maximum comfort, with light white ceramic floors, fully functional kitchens equipped with the latest generation appliances, and elegant bathrooms.

• Living room
• Terrace
• Dining room
• Modern kitchen
• 1 Bathroom
• Fully furnished

Amenities

• Air-conditioning in lounge, bedroom
• UPVC windows
• Mains electricity
• Mains water

Location

• Nearest beach: 650m
• All amenities near by
• Nearest school: 4km
• To Albufeira town appox: 2km
• Faro Airport: 40km

Other Info

The property has an established annual rental income.
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