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What is the cost of an exclusive apartment in Albufeira for investment?

Apartment in Albufeira

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

The exclusive apartment in Albufeira is offered at a competitive price of €475,000, making it a significant investment opportunity for buyers. This modern one-bedroom apartment boasts a generous living area of 82m², complemented by a spacious terrace of approximately 9m², perfect for enjoying the beautiful Algarve weather. Located just 650 metres from the famous Praia da Oura beach, this property not only makes for a wonderful holiday home but also presents a lucrative rental potential representing a strong ROI.

Built in 2011, the Albufeira Living Condominium is designed with comfort and elegance in mind, featuring fully furnished interiors, modern kitchen appliances, and a bright open-plan layout. Potential investors can benefit from the established annual rental income already associated with the property, making it a hassle-free addition to any portfolio.

With its proximity to local amenities, including shopping areas, restaurants, and nightlife, this location truly caters to various lifestyle needs. Moreover, for those looking to explore further, Albufeira town is approximately 2 km away, offering vibrant culture and scenic views.

Properties like this are rarely on the market, so it's the perfect time to invest in a piece of paradise in central Algarve. Contact us today to discover more about this exceptional investment opportunity!

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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