A brand new three bedroom apartment for sale in Albufeira, situated with a contemporary condominium within walking distance to one of the Algarve’s stunning beaches — Praia dos Alemaes. Named “Beach Garden Albufeira” this condominium offers a total of eighteen apartments comprising two or three bedrooms. If you purchase a south/west apartment you will be able to enjoy views of the Atlantic Ocean from the comfort of your own balcony otherwise you can head on up to the roof terrace and relish in a stunning sunrise/sunset. Each unit will be equipped with high quality fixtures and fittings along with its own private parking. A lift is available to take either yourself or your guests — if you purchase as a rental investment — making this extremely wheelchair accessible. Within a short walking distance there is an array of restaurants, mini-markets, a cafe and even beach bars. In addition to this, you can find yourself within Albufeira's city centre in under approximately five minutes where there are large supermarkets such as Aldi, Lidl, Continente etc. and an abundance of different types of cuisine, places to go and places to see. Overall, these apartments for sale in Albufeira will make a fantastic purchase no matter why you are looking to buy, however, we imagine they will benefit lucratively from being used as a short term/holiday rental property in the Algarve. As Albufeira is in the Central Algarve it attracts thousands of visitors every year and it's easy to understand why! From the old town with its pretty cobbled streets lined with restaurants, bars, cafes and shops to the lively nightlife in São João or the marina with its sugar candy coloured apartments, you will never be short of things to do. Let’s not also forget the stunning golden beaches which are all the more reason why Albufeira is perfect for families, couples and singles of all ages. It is central for all the tourist attractions with the added bonus of a short transfer from Faro airport! Mortgage simulation: Term/ Period — 30 years/,360 months Purchase Price — 560,000€ Deposit/ Down Payment — 112,000€ (20%) Finance Amount — 448,000€ Interest Rate — 0.873% Monthly Payment — 1414.96 € Mortgage simulation: Term/ Period — 40 years/,480 months Purchase Price — 560,000€ Deposit/ Down Payment — 112,000€ (20%) Finance Amount — 448,000€ Interest Rate — 0.873% Monthly Payment — 1106.09 € Rental Simulation Season and per week Spring (01 April — 31 May) — € 1,200 Early Summer (01 – 30 June) — € 1,800 Summer (01 July — 15 September) — € 2,200 Late Summer (15 – 30 September) — € 1,800 Autumn (01 – 31 October) — € 1,200
The investor obtains a Portuguese residence permit by purchase of real estate worth at least €500,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.