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Why is this top-floor penthouse a great investment for holiday rentals in Albufeira?

Apartment in Albufeira

ref. VM2066
1.124.177CHF 936.814CHF
  • A
  • 3
  • 2
  • 138m2
  • Modern Construction

This top-floor penthouse in Albufeira is an exceptional investment choice for holiday rentals due to its prime location and luxurious features. Priced at €1,000,000, this property offers a return on investment that is hard to match in the booming Algarve property market. Being just 350 meters from the beach and close to vibrant shops and restaurants ensures high rental demand throughout the year. The penthouse is newly constructed with three bedrooms and two bathrooms, including an en-suite, which provides comfortable accommodations for families or groups. High specification finishes elevate the living experience, while a powerful air conditioning system ensures comfort during the warmer months. In addition, the communal pool and grounds offer guests the chance to relax and unwind, further enhancing rental appeal. The property’s large private terrace with stunning sea views creates an alluring backdrop for memorable holiday experiences. With everything needed for a successful rental strategy already in place, this penthouse is perfect for buyers looking to capitalize on the lucrative holiday rental market. Seize this opportunity and contact us today for more information or to schedule a viewing!

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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