Flat/Apartment Albufeira

Portugal · Algarve · Albufeira

Price

€171,000

Bedrooms

2

Type

Flat/Apartment

Ref

P199850

Property Details

Country
Portugal, Algarve
Location
Albufeira
Type
Resale
Style
Flat/Apartment
Bedrooms
2
Size
0 sq m
Garden
Not Specified
Terrace
Not Specified
Furnished
Not Specified
Plot Size
0
Features: Pool - Community

Flat/Apartment Albufeira

With a location like this just set back from the heart of the action in Albufeira, you will never need a car as everything is a short walk away from Supermarkets, bars, restaurants, pharmacies and much more. Ideal if you are nearing retirement and want a home in the sun, without having to worry about driving. If it is an investment that you are interested in then this is perfect as the property is fantastic with some of the current owners achieving high rental returns and so many bookings that they have to refuse most.

The property was completed in 2009 and this final unit has recently come back on the market at this heavily discounted price, it is sure to sell fast.

The Apartment consists of a large living area, separate fully equipped kitchen, two bedrooms and two bathrooms, also included is one basement parking space. The community area also as extra parking for your guests, while the pool is ideally situated to have sunlight all day. The Gardens have been tastefully landscaped incorporating several native trees and integrating a small children's play area.

• Fully Fitted Kitchens • Large Balconies • South Facing • Secure Underground parking. • Spacious Pool • Landscaped Gardens • Mortgages available • 30 minutes to Faro Airport • 20 Golf courses within 20 Minutes • Closed Private Condominium • No 1. Rental Location in the Algarve • Rare investment opertunity • Ideal Retirement home. •

Albufeira is the centre point of the Algarve and one of the most established tourist destinations in Europe. Faro Airport is just 30 minutes away, while the A2 Motorway to Lisbon begins its journey north just outside Albufeira. To complement these road links, trains are available in nearby Ferrerias and the local Marina allows you to arrive by private boat.

The town itself dates back to the Neolithic and bronze ages with several archaeological digs in the area to prove this history. The town Charter was established on August 20th 1504 and is celebrated annually as the date of the municipal holiday. The great earthquake of 1755 destroyed most of the town apart from a few remaining buildings which are still there today in the heart of the pedestrianized old town. Over the past 50 years the town has become the most important tourist destination in the country, attracting people from all around the world to its historic Centre and sun kissed beaches.

The towns 30,000 population now play host to tourist of all ages with something for everybody, with hundreds of restaurants to choose from you will never go hungry; Entertainment from cabaret to RnB, with relaxing Spas to water-sports the town offers something for all visitors. With this annual influx also comes rental bonanza for the property owners to take advantage of, the area is has an established rental demand with a long season from June through to early November, with many events outside of this time also attracting renters. Golf is one of the main attractions in the Algarve and Albufeira is blessed to be located within 20 minutes drive of no less than a dozen championship Golf Courses.

Also ideal for retirement, Albufeira has a multicultural community with many people moving here from colder climates in northern Europe, to take advantage of the climate which is similar to the Mediterranean but without the extreme summer heat. A working town, Albufeira has all the facilities you need for everyday life with Hospitals, Supermarkets, Municipal Markets, Pharmacies, Shopping centers and much more.

Albufeira boasts beaches where the sand is fine and the sea a turquoise blue sheltered by cliffs which are painted with a whimsical palette of natural hues. It is for its beaches that Albufeira is internationally renowned, because all of them are different... and they are all equally enchanting.

Now is the time to take advantage of the property market in the area as property prices are set to rise with the economic recovery that is already underway in the area.

- Parking: Off Street Parking

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