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Why is a renovated one-bedroom apartment in West Algarve a great investment opportunity?

Apartment in Salema

ref. LW2445
58.594.054¥ 55.617.848¥
  • D
  • 1
  • 1
  • 75m2

This renovated one-bedroom apartment in the West Algarve is a fantastic investment opportunity, particularly given its asking price of €299,000 and its location just 600m from the beach in Salema. The property has been beautifully updated, making it move-in ready for both personal use and lucrative rental potential. Buyers will appreciate the fully furnished nature of the apartment, which allows for immediate enjoyment or quick rentals to holidaymakers seeking a premium experience.

The apartment boasts a spacious 75.2m² layout, featuring an open-plan living area and a modern kitchen, which are both perfect for relaxing or entertaining guests. With a peaceful setting in a small block and essential amenities located nearby, this property captures the essence of comfortable living in one of the Algarve’s most attractive villages.

Furthermore, Salema’s stunning coastline and vibrant local community enhance its appeal for short-term holiday rentals, significantly boosting your return on investment. Additionally, with great accessibility to golf courses, hiking trails, and other attractions, the property appeals to a wide demographic, ensuring consistent demand from renters. Owning this property not only provides you a lovely retreat but also an asset with considerable rental potential. If you’re looking to invest in a property that combines lifestyle and profitability, contact us today to start your investment journey!

Usage
Residential
Type
Apartment
Town
Salema
Parish
Budens
Municipality
Vila do Bispo, Faro
Region
Algarve (West)
Construction Year
1991
Renovation Year
2022
Rooms
2
Bedrooms
1
Bathrooms
1
Floors
1
Furnished
Fully
Living Area
75 m²
Usable area
77 m²
Balcony/Patio area
1 m²
Tarmac
Parking outdoors, Parking Places
Open Plan
Balcony/Terrace
Fully Fitted, Fully Equipped
Entrance Hall
Terrace, Fitted Wardrobe
1 Shower room
Internet/Phone, Cable/Satellite TV
Mains electric, Mains water, Mains drainage
Double glazing
Landscaped, Communal gardens
Tennis court
Countryside View
● 1 Bedroom, 1 Bathroom
● Living area 75.2m²
● Fully Furnished
● Year of construction 1991, Renovated 2022
● Great investment opportunity
● Distance from Salema beach 600m

One bedroom, ground floor apartment, ideal for those looking to enjoy the beautiful west Algarve beaches and sunshine. A good investment for a holiday apartment or as a permanent home for the first time buyer. Modernised with a fully fitted kitchen and walk in shower. A viewing is highly recommended.

The property consists of:
● Large entrance hall
● Open plan living room
● Modern fully fitted kitchen/dining area
● Bedroom with small terrace
● Bathroom with walk in shower

Amenities

• UPVC windows
• Mains electricity
• Mains water
• Outdoor parking spaces

Location

• Nearest beach: 600m Salema
• Nearest golf: 2.2km Santo Antonio Golf Resort (Parque da Floresta)
• Nearest school:1.4km Figueira
• Nearest village: 500m Salema 3.3km to Budens
• Nearest city: Lagos 18.4km
• Faro Airport: 102km
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