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How can I invest in a turnkey penthouse near the beach in Albufeira?

Apartment in Albufeira

ref. VM2066
1.200.000€ 1.000.000€
  • A
  • 3
  • 2
  • 138m2
  • Modern Construction

Investing in a turnkey penthouse like this one in Albufeira is straightforward. Priced at €1,200,000, this modern 3-bedroom apartment is fully furnished and ready for immediate occupancy or rental. It's perfectly located within walking distance of the beach, ensuring high rental demand and offering excellent potential returns on investment. The apartment boasts a spacious design with high specification finishes, making it attractive to both short-term holidaymakers and long-term tenants. With its desirable roof terrace and stunning sea views, this property is sure to appeal to buyers looking for luxury in a stunning location. The area is rich in cafes, bars, and restaurants, providing a lively atmosphere for residents and guests. This penthouse could serve as a personal getaway while generating passive income as a holiday rental. Furthermore, the modern amenities include air conditioning, double-glazed windows, and communal facilities like a swimming pool and gardens for relaxation. Don't miss the opportunity to make a profitable investment in one of Portugal's most vibrant regions. Reach out now to discuss your investment options!

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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