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Why should I buy a newly constructed apartment in Albufeira for holiday rentals?

Apartment in Albufeira

ref. VM2066
1.325.681$ 1.104.734$
  • A
  • 3
  • 2
  • 138m2
  • Modern Construction

Investing in a newly constructed apartment in Albufeira is a strategic decision, particularly given the increasing demand for holiday rentals. The modern 3-bedroom top-floor penthouse, priced at €1,000,000, presents a golden opportunity for this market. With high specification luxury fixtures, this property is designed for enjoyment and comfort, offering contemporary living just steps from the beautiful beaches. Ideal for holidaymakers, the penthouse features a communal pool, spacious terraces, and stylish interiors that will attract discerning guests. Additionally, with amenities including cafes, bars, and shops all within a short distance, it provides a practical and enticing experience for visitors. Built in 2022, the apartment holds a builder’s guarantee, alleviating concerns about future maintenance, while its strategic location promises strong ROI potential. The investment landscape in Albufeira is flourishing, ensuring that your purchase here could yield not only a holiday home but a profitable venture. Don't miss this chance to secure your place in this vibrant community. Contact us to learn more!

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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