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Why is this newly constructed penthouse apartment a great investment for holiday rentals?

Apartment in Albufeira

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

This newly constructed penthouse apartment in Albufeira is an outstanding investment for holiday rentals due to its modern features and prime location. Priced at €1,000,000, the property offers contemporary design, high specification finishes, and a stunning sea view from the exclusive roof terrace. With 3 spacious bedrooms and 2 elegantly designed bathrooms, this dwelling is perfect for accommodating holiday guests seeking comfort and luxury. Located a mere 350 meters from the beach and 300 meters from a variety of local shops and restaurants, the location increases its rental appeal significantly. The communal areas, including a swimming pool and nicely landscaped gardens, further attract renters looking for amenities. Coupled with the growing demand for holiday rentals in Albufeira, this apartment offers a promising return on investment. Set your sights on the thriving property market in Algarve, and don't wait too long to secure this exciting opportunity!

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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