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What budget is needed for a 147 m² three-bedroom flat in Alvor, Algarve?

Apartment in Alvor

ref. LE2504
390.000€
  • E
  • 3
  • 2
  • 124m2

The budget needed for this 147.20 m² usable three-bedroom flat in Alvor, Algarve, is €390,000. That purchase price includes a first-floor apartment with three bedrooms, two bathrooms and extensive terraces. For buyers comparing Alvor property for sale, the home combines generous space with access to beaches, nature and local services. The living area measures 123.95 m², while the usable area extends to 147.20 m². Terraces account for approximately 23 m² and are accessible from the living room and all three bedrooms. A south-west orientation brings plentiful natural light into the apartment. Countryside views contribute to its relaxed Algarve setting. Each bedroom has fitted wardrobes to support comfortable longer stays. The traditional kitchen is fully equipped with a microwave, fridge-freezer and washing machine. The accommodation includes one family bathroom and a separate guest WC. The owner plans to modernise the kitchen, family bathroom and guest WC in consultation with the purchaser. Those improvements are included in the purchase price rather than being an additional stated charge. The property is fully furnished, which can reduce the initial furnishing requirement for a new owner. Alvor is approximately 1.5 km away and offers restaurants, doctors’ surgeries, a post office and other facilities. The coast and nearest beach are around 2.5 km from the apartment. Golf is approximately 3.9 km away, and Faro Airport is about 75 km distant. The Ria de Alvor nature reserve provides a scenic backdrop and opportunities for outdoor recreation. The flat could be used as a permanent home, personal holiday base or rental investment. Prospective investors should assess rental demand, running costs, taxation and local letting requirements before committing. Contact us to discuss the purchase budget and arrange a viewing in Alvor.

Usage
Residential
Type
Apartment
Town
Alvor
Parish
Alvor
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
1988
Renovation Year
2026
Rooms
4
Bedrooms
3
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
124 m²
Usable area
147 m²
Balcony/Patio area
23 m²
Easy Access
Parking outdoors
Lounge/Dining, Marble Floor
Balcony/Terrace
Own Entrance, Kitchen/Dining, Fully Fitted, Microwave, Fridge/Freezer, Washing Machine
3, Fitted Wardrobe, Terrace
1 Family Bathroom, 1 WC
Mains electric, Mains water, Mains drainage
Single Glazing, Manual Shutters/Blinds
Countryside View
• 3 bedrooms, 1 family bathroom, one guest bathroom
• Living area 123.95 m², usable area 147.20 m²
• Built in 1991
• Located on the first floor
• Distance to the beach 2.5km

One of the major advantages of this property is its spacious outdoor area—particularly the terraces, which are accessible from both the living room and each of the three bedrooms. Just a few minutes’ walk from the beaches and Alvor with many restaurants, doctors’ surgeries, a post office and other amenities.

It boasts an excellent south-west orientation, and the interior benefits from abundant natural light.

The apartment is ideal for personal use, as a holiday home, or as an investment.
The family bathroom, guest toilet, and kitchen are soon to be modernised by the current owner in consultation with the new owner (included in the purchase price).






Amenities

• Fitted wardrobes
• Terraces
• Close to all facilities

Location

• Distance to Sea: 2.5km
• Dist. Nearest Beach: 2.5km
• Distance from nearest Golf: 3.9km
• Distance from Airport: 75km
• Nearest International School: Nobel 18.5km
• Dist. Nearest Town: 1.5km (Alvor)
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