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What investment potential does a 3-bedroom apartment near Vilamoura beach have?

Apartment in Vilamoura

ref. VM329_3
600.000€
  • B
  • 3
  • 3
  • 100m2

Investing in this 3-bedroom apartment near Vilamoura beach presents significant potential for returns. Priced at €600,000, this property offers a unique opportunity to secure a position in a high-demand rental market, giving you access to lucrative short-term rental options. Its prime location, merely 2.5 km from the beach and close to the vibrant Vilamoura marina, attracts tourists year-round, ensuring a steady stream of rental income. This apartment's in-house management and rental programme are designed to manage everything from bookings to housekeeping, allowing you to enjoy passive income without the typical stresses of property management. Equipped with three bedrooms and an expansive living area of 100m², the space comfortably accommodates larger groups or families, increasing its appeal to holidaymakers. With amenities such as multiple pools, a fitness centre, and secure parking, the property is set to offer guests a luxurious stay. The potential for value appreciation in this desirable location is significant as Vilamoura continues to grow as a top tourist destination. If you're seeking a solid investment with high rental yields, this could be your perfect match. Explore this opportunity further by contacting us today!

Usage
Residential
Type
Apartment
Town
Vilamoura
Parish
Quarteira
Municipality
Loulé, Faro
Region
Algarve (Central)
Construction Year
2009
Rooms
6
Bedrooms
3
Bathrooms
3
Furnished
Fully
Living Area
100 m²
Balcony/Patio area
22 m²
Electric Gates
Underground Garage, Autom. Entrance Gate
Balcony/Terrace
Fully Fitted
Storage, Gym
3, Fitted Wardrobe
3 Bathrooms
AC, Underfloor Heating in Bathroom
Cable/Satellite TV, Lift, Alarm System, Video Intercom, Safe
Mains water, Mains electric, Mains drainage
Double glazing
Swimming Pool, Communal, Heated, Shower, Lighting
Communal gardens, Landscaped, Fenced, Auto irrigation, Lawn, Trees, Lighting
Pool View
• Living Area 100m²
• Terrace Area 22m²
• Year of Construction 2009
• 3 Bedrooms, 3 Bathrooms, 2 En-Suite
• In house rental management
• Ground Floor, Furnished, South-Facing view

This luxury golf apartment is located close to Vilamoura and its world-famous marina. With in-house management and rental programs, this apartment make a perfect turnkey investment property.

The apartment can also be accessed by lift from the communal secure garage and has intelligent card entry system and alarm direct to the 24-hour reception. The property consists of a spacious lounge-dining room which leads out to the balcony with views of the pool. The kitchen is off the lounge with all AEG appliances and own entrance to another balcony and drying area.

The lavish master bedroom has fitted wardrobes with safe, air conditioning and a deluxe en-suite bathroom and a balcony with south-facing views The spacious other bedrooms also have fitted wardrobes and air conditioning with one having an en-suite bathroom and the other a separate guest bathroom.

The apartment has 2 allotted parking spaces and a storage room in the communal garage with electricity, perfect to charge up your electric vehicle.

Amenities

• Double glazing
• Central air conditioning system with climate control for each room
• Underfloor heating in bathrooms and heated towel rails
• Satellite TV with many international channels
• Safe
• Video entry & Alarm
• Piazza snack bar
• Large pool
• Indoor heated pool
• Fitness room
• Children’s pool and play area

Location

• 2.5 km from the coast
• 2.8 km to Vilamoura international school
• 4 km to the town centre and marina of Vilamoura
• 6.5 km to the nearest beach (Vilamoura)
• 26 km to the airport (Faro)

Other Info

• Condominium fees €5,500 per year
• IMI tax €900 per year
• Insurance €200 per year
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