Apartment for sale in Portimão
*** Please note the price shown is the discounted price ***
This brand new luxury apartment is for sale in Portimão and is set within an exclusive development of 16 apartments. Located a short five minute drive from the beautiful fishing village of Alvor and Portimão, this condominium benefits from a central location close to all amenities.
The condominium is due to start construction shortly and will comprise a collection of well-designed two and three bedroom apartments.
Brought to you by a renowned developer the private condominium offers contemporary open plan living finished to the highest specification with modern inclusions.
This three bedroom apartment features: air-conditioning, central vacuum, fully equipped kitchen, solar panels, electric underfloor heating in the bathrooms, a washing machine in the balcony cupboard and much more. There are four top floor apartments at this price so for individual specifications, contact the team today.
The apartments are positioned around a sleek communal swimming pool surrounded by a decking area and landscaped communal gardens creating a relaxing setting. All apartments will have access to private parking. Owners and guests will also be able to enjoy the communal roof sun terrace hot tub and gymnasium.
These apartments would make an ideal investment to generate an additional income through holiday rentals and would also make the perfect holiday home.
Located in between Portimão and Alvor, the surrounding areas offer an array of beaches, golf courses and authentic restaurants. Portimão is the largest city in the western Algarve and is a tourist hotspot that offers extensive shopping including Aqua Shopping and Portimão train station. Alvor is a traditional seaside resort and fishing village.
Mortgage Simulation: Duration / Period: 30 years / 360 months
Purchase Price: 626,400
20% Deposit / Down Payment: 125,280
Finance: 501,120
Interest Rate: 0.9%
Monthly Payment: 1,588.88
Mortgage Simulation: Duration / Period: 40 years / 480 months
Purchase Price: 626,400
20% Deposit / Down Payment: 125,280
Finance: 501,120
Interest Rate: 0.9%
Monthly Payment: 1,243.56
Rental Simulation
Season and Rate per week
Spring (01 April – 31 May) – 1,200
Easter Week (Dates will vary) – 1,300
Early Summer (01 – 30 June) – 1,250
Summer (01 July – 15 September) – 1,700
Late Summer (15 – 30 September) – 1,450
Autumn (01 – 31 October) – 1,250
Winter (01 Nov – 31 March) – 1,250
Features
Air conditioning
Central heating
Garden
Central location
Swimming pool