Apartment for sale in Loulé

Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé Apartment for sale in Loulé
Price 675,000
Pool No
Bedrooms: 4
Bathrooms: 4
Size: 0 m²
Plot: 0 m²

This building block with four apartments is for sale in Loulé, located next to the famous market, in a ideal location to enjoy everything this region offers.

The T3+1 apartment is located on the third-floor building that also has two studio apartments and a one-bedroom unit. The first floor holds the studio apartments, the second floor contains the three + one-bedroom apartments, and the third floor has the one-bedroom apartment with a spacious terrace.

All apartments in this 3 floor building are included in the asking price.

The studio apartments are located on the first floor, the three + one bedroom apartment is located on the second floor and the one bedroom apartment with a large terrace is on the third floor.

The 4 bedroom apartment comprises of 3+1 bedrooms and 4 bathrooms and a large terrace. The apartment was recently renovated.

This is a rare and excellent investment opportunity in a very sought after location for long term rentals and is just as popular for holiday rentals. Alternatively the studio apartments could be used as a shop or office.

Located within easy access to a huge variety of restaurants, cafes, bars and all the major supermarkets, schools and medical facilities, you’ll never be short of things to do or too far away from anything you would need.

Loulé is the largest municipality in Central Algarve and is the perfect place to enjoy festive summer nights such as the Noite Branca (White Night) and the famous annual Carnival.

Mortgage Simulation: Duration / Period: 30 years / 360 months

Purchase Price: 675,000
Deposit /Down Payment: 135,000
Finance: 540,000
Interest Rate: 0.9%
Monthly Payment: 1,712.16

Mortgage Simulation: Duration / Period: 40 years / 480 months

Purchase Price: 675,000
Deposit /Down Payment: 135,000
Finance: 540,000
Interest Rate: 0.9%
Monthly Payment: 1,340.04

Rental Simulation

T0

450 PER CALENDAR MONTH (plus bills)

T1

600 PER CALENDAR MONTH (plus bills)

T4

Season and rate per week
Spring (01 April – 31 May) – 1700
Easter Week (Dates will vary) – 2000
Early Summer (01 – 30 June) – 2400
Summer (01 July – 15 September) – 3000
Late Summer (15 – 30 September) – 2700
Autumn (01 – 31 October) – 1500
Winter (01 Nov – 31 March) – 1300 PLUS BILLS
Annual (Minimum 12 months) – 1400

Features

Air conditioning

Central location

Terrace

Balcony

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