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Apartment in Albufeira

Faro, Portugal
€599,000
  • 198 m²
  • 4
  • 2

Description

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This classical and spacious 4-bedroom renovated apartment on the first floor of a 2-level building is a unique investment opportunity. It retained its classical elements and sits right in the square of the old town of Albufeira, in the middle of one of the most sought-after tourist locations of Portugal, just 200 meters away from the beach and in the middle of all types of amenities, such as restaurants, supermarkets, coffee shops, pharmacy, bank, post office, shops, bars etc.
An old stone staircase leads on the first floor, to the apartment comprising of:Right handside: a large dining and living area fully prepared for the installation of a fully equipped fitted kitchen in an open space design with access to a small balcony, and a separate corner suitable to set a reading space that has access to a small attic; master bedroom with patio doors opening up to a balcony; and a bathroom ensuite with walk in shower. Left handside: a large living and dining room, a fully equipped kitchen, a pantry, 2 bedrooms, a bathroom with a walk-in shower, and access to a private rooftop terrace where you can enjoy a peaceful morning breakfast or an evening drink.
The apartment’s unique setup offers two different possibilities: to be used as one 4 bedroom apartment or as two self-cointained units for either habitation or as a long term rental in one of the areas that presents higher yields in the Algarve for return of investment. The apartment offers new insulation, double-glazed windows, two separate boilers, one for each unit and hard wood floor in all bedrooms, living/dining rooms and halls. All rooms have air conditioning units.

General

Property ID
125030
Price
€599,000
Status
te koop
Currency
EUR

Construction

Construction type
Existing building
Home type
Apartment

Layout

Living surface
198 m²
No. bathrooms
2
No. bedrooms
4

Outdoor facilities

Terrace

Indoor facilities

Airconditioning

Address

Place
Country
Province
Regio

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Offered by:

Kaiser Properties

Kaiser Properties – Mediação Imobiliária, Lda. is a licensed real estate and property management company (License no. 8389 AMI) based in Galé, Albufeira, Algarve, Portugal. Our company was founded in 2008 by Family Kaiser, who has been operating in the Algarvian real estate market since 1994.

We are a group of dedicated professionals who try hard to push the market forward...

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