Apartment for sale in Portimão

This three bedroom apartment with a communal swimming pool is for sale in Portimão. The apartment is situated in a sought-after gated complex along the Portimão river. The fully furnished apartment offers spacious and bright living accommodation throughout. The three-bedroom apartment is comprised of an open-plan living and dining room that leads directly to the spacious terrace where you can enjoy a pleasant meal or moments of leisure overlooking the pool.

There is a fully equipped kitchen with a small terrace, two bedrooms (one en-suite) and both with built-in cupboards and a service bathroom with shower. The third bedroom is currently used as an office with French doors leading to the living room, with the option of closing completely to serve as a bedroom.

Outside there is a communal swimming pool surrounded by well-maintained gardens with established plants and trees.

The underground garage can accommodate two cars, there is a closed division in the garage that can be removed and will accommodate and a third car.

Extra features include: air-conditioning, double windows, electric shutters, solar panels, video entry, intercom, and an elevator.

Located in a superb position on the river promenade with its trendy cafés, bars and restaurants, only a short stroll to the pedestrian shopping area of old town Portimão with its shops, bars and restaurants.

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

Purchase Price: 485,000
20% Deposit / Down Payment: 97,000
Finance: 388,000
Interest Rate: 0.9%
Monthly Payment: 1,230.22

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

Purchase Price: 485,000
20% Deposit / Down Payment: 97,000
Finance: 388,000
Interest Rate: 0.9%
Monthly Payment: 962.84

Rental Simulation
Season and Rate per week
Spring (01 April – 31 May) – 1500
Easter Week (Dates will vary) – 1800
Early Summer (01 – 30 June) – 2000
Summer (01 July – 15 September) – 2250
Late Summer (15 – 30 September) – 2000
Autumn (01 – 31 October) – 1800
Winter (01 Nov – 31 March) – 1250

Features

Air conditioning

Central heating

Closed condominium

Elevator

Garage

Furnished

Swimming pool

Terrace