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What are the steps to buying a holiday property in the heart of Algarve?

Apartment in Albufeira

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

Buying a holiday property in the Algarve, especially a stunning T1 apartment like this one in Albufeira, involves several key steps that can help streamline your buying process. Priced at €475,000, this contemporary flat near Praia da Oura offers serious buyers an incredible opportunity to settle in one of Portugal's most sought-after regions. Begin by understanding your budget and securing necessary financing options—this property is already fully furnished and ready for immediate occupation.

Next, consider the unique features this apartment offers: an 82m2 living space that is both modern and stylish, a well-equipped kitchen with high-end appliances, and a delightful terrace with communal garden views. Conduct thorough research on local regulations and requirements to ensure a smooth purchasing experience.

Once you’ve established your budget and have chosen your dream home, collaborating with a real estate agent can ease the frustrations of navigating property laws in Portugal. Ensure you review all necessary documentation, including title deeds and property licenses, to protect your investment.

With Albufeira's magnificent Praia da Oura just a stone's throw away and established annual rental income associated with the property, this apartment provides an ideal setup for both personal enjoyment and investment return. The lively atmosphere of the local community adds to its charm, creating a well-rounded experience for every homeowner.

Ready to take the next step? Contact us today to discuss the purchasing process further and arrange a viewing of this exceptional property!

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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