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What is the cost of a new apartment in Albufeira for investment?

Apartment in Albufeira

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

The cost of this modern 1-bedroom apartment in Albufeira is €475,000, making it a worthwhile investment opportunity in the Algarve. Situated just 650 metres from the renowned Praia da Oura beach, this property offers both luxury and convenience for buyers. Designed with elegance, the apartment features an expansive living area of 82m² and a delightful terrace of approximately 9m², perfect for enjoying the charming surroundings.

Built in 2011, the apartment showcases modern finishes and comes fully furnished, ensuring a seamless move-in experience for new owners. The Albufeira Living Condominium not only provides a stylish lifestyle but also offers established annual rental income potential, ideal for investors seeking ROI.

This unit is equipped with air-conditioning in both the lounge and bedroom, creating a comfortable atmosphere year-round. Convenience is key with local amenities and Albufeira town just a short distance of 2km away, and the airport merely 40km away, assuring easy travel for visitors.

For those looking to invest without worry, the development boasts exceptional rental potential due to its proximity to tourist hotspots. Such advantageous positioning makes this property perfect for short-term rentals while ensuring a relaxing getaway for personal use.

Take the opportunity to own a stylish pied-à-terre that promises both enjoyment and investment growth. Don't miss out; contact us now to schedule a viewing!

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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