Apartment for sale in Albufeira

Apartment for sale in Albufeira
Price 680,000
Pool No
Bedrooms: 2
Bathrooms: 2
Size: 0 m²
Plot: 0 m²

A brand new two bedroom penthouse apartment for sale in Albufeira just 150 metres from Praia dos Pescadores.

Situated in a private condominium in the heart of Albufeira, this apartment is one of eight and is situated on the top floor providing breathtaking, panoramic views of the Atlantic Ocean.

Offering a total of 172,80m2, this apartment has a total living area of 71,70m2 with the large terrace overlooking the ocean measuring 56m2, the second terrace 13m2 and it has two parking spaces at 11m2 and 14,70m2 along with a storage room sized 6,40m2.

Comprising two bedrooms, both coming with their own built-in wardrobes and access to a shared terrace (13m2). An en-suite bathroom is available for the master bedroom equipped with a bathtub whereas the second bedroom will be able to make use of the guest bathroom equipped with a walk-in shower.

A fully fitted kitchen will come with TEKA appliances, these include an induction hob, oven, induction fan, dishwasher, microwave and washing machine.

From the kitchen you can head out on the large front terrace where you can kick back, relax and enjoy the stunning views over some al-fresco dining anytime of the day.

This terrace is also accessible from the spacious open plan living room and dining area.

Additional features include telephone sockets in all rooms, an intercom system, cable TV installation ensuring they are ready for future interactive and multimedia services, optical fiber, thermal and electric aluminium blinds, air-conditioning throughout along with a solar system.

An outdoor BBQ/Grill will also be available with this apartment. All apartments will have access to the underground parking with dedicated spaces and storage rooms.

Externally, there will be a good sized communal swimming pool available for all apartments and will be surrounded by plenty of sunbathing space.

These apartments are a fantastic investment opportunity if you are wanting to take advantage of the tourism industry and generate an extra income through holiday rentals in Albufeira.

As they are situated just 90 metres from Inatel Beach and 150 metres from Praia dos Pescadores, they will be in high demand from holidaymakers all around the world.

The historical centre of Albufeira Baixa is also just 250 metres away making everything within walking distance from this development.

We do have a dedicated property and rental management company who can advise on rental simulations, potential earnings etc if you are interested in more information.

Albufeira in the Central Algarve, attracts thousands of visitors every year and it’s easy to understand why! There is Albufeira old town with its pretty cobbled streets lined with restaurants, bars, cafes and shops and the lively nightlife in São João, the marina with its sugar candy coloured apartments and last but not least the lovely, sandy beaches.

Perfect for families, couples and singles of all ages, Albufeira is central for all the tourist attractions, with the added bonus of a short transfer from Faro airport!

Mortgage Simulation-Term / Period – 30 years / 360 months

Purchase Price: 680,000
Deposit / Down Payment: 136,000 (20%)
Finance: 544,000
Interest Rate: 0,9%
Monthly Payment: 1,724.84

Mortgage Simulation-Term / Period – 40 years / 480 months

Purchase Price: 680,000
Deposit / Down Payment: 136,000 (20%)
Finance: 544,000
Interest Rate: 0,9%
Monthly Payment: 1,349.97

Rental Simulation

Season and Rate per week
Spring (01 April – 31 May) – 950
Early Summer (01 – 30 June) – 1200
Summer (01 July – 15 September) – 1400
Late Summer (15 – 30 September) – 1200
Autumn (01 – 31 October) – 950
Winter (01 Nov – 31 March) – 700

Features

Air conditioning

Central heating

Closed condominium

Close to the beach

Central location

Terrace

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