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What is the best investment for a holiday rental property in Albufeira?

Apartment in Albufeira

ref. VM2066
13.126.973SEK 10.939.144SEK
  • A
  • 3
  • 2
  • 138m2
  • Modern Construction

The best investment for a holiday rental property in Albufeira is this modern three-bedroom penthouse apartment offered at €1,000,000. With its prime location, only 350 meters from the beach and surrounded by local cafes, bars, and shops, this property is ideal for serious buyers looking to maximize their rental income. The apartment features high-end finishes and is situated in a gated community, ensuring privacy and security for guests.

Equipped with a private underground parking space and access to a communal pool, this penthouse is highly appealing to holidaymakers and renters alike. The spacious 206m² layout includes a lounge dining room, a contemporary kitchen fitted with Bosch appliances, and a master bedroom with an en-suite, enhancing the overall attractiveness to potential tenants. The two additional guest bedrooms with terraced access offer breathtaking sea views that are sure to impress.

Being in a rapidly growing tourism market, Albufeira boasts a plethora of amenities, making this property a savvy investment choice. It caters perfectly to families looking for a fun beach holiday or couples seeking a romantic getaway. Additionally, its strategic location near local landmarks adds significant value for holiday rentals.

For buyers looking for an investment property, the potential for returns is excellent, allowing for substantial ROI throughout the peak tourist season. This turnkey property is ready for immediate rental income. Contact us today to seize this fantastic investment opportunity!

Usage
Residential
Type
Apartment
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Construction Year
2022
Rooms
4
Bedrooms
3
Bathrooms
2
Living Area
138 m²
Balcony/Patio area
18 m²
Garage, Underground, Private Parking
Roof Terrace
Kitchen/Dining, Fully Fitted, Modern
Underground Storage
Double glazing, UVA Protection
Communal
Communal gardens
Sea View
Modern Construction
• 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
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