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Two-bedroom apartment in a new building less than 100 m from the ocean, Albufeira, Faro, Portugal

680,000 €
3,930 € /m²
£568,000
£3,283 /m²
  • Total area
    173 m²
  • Bedrooms
    2
  • Bathrooms
    2
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Features
  • Total rooms: 3
  • Balcony or terrace
  • Internet
  • TV
  • Swimming pool
  • Underground parking
  • Solar panels
  • Equipped with household appliances
  • Quality sanitary ware
  • Sea view

A brand new two bedroom apartment situated in a private condominium in the heart of Albufeira, this apartment is one of eight and is situated on the top floor providing breathtaking, panoramic views of the Atlantic Ocean.

All apartments will have access to the underground parking with dedicated spaces and storage rooms. Externally, there will be a good sized communal swimming pool available for all apartments and will be surrounded by plenty of sunbathing space.

Property has two parking spaces along with a storage room. An outdoor BBQ/Grill will also be available with this apartment.

Extra opportunities

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.

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Interior

Comprising two bedrooms, both coming with their own built-in wardrobes and access to a shared terrace. An en-suite bathroom is available for the master bedroom equipped with a bathtub whereas the second bedroom will be able to make use of the guest bathroom equipped with a walk-in shower. A fully fitted kitchen will come with TEKA appliances, these include an induction hob, oven, induction fan, dishwasher, microwave and washing machine. From the kitchen you can head out on the large front terrace. This terrace is also accessible from the spacious open plan living room and dining area.

Equipment

Additional features include telephone sockets in all rooms, an intercom system, cable TV installation, optical fiber, electric aluminium blinds, air-conditioning throughout along with a solar system.

Advantages

This apartment is a fantastic investment opportunity if you are wanting to take advantage of the tourism industry and generate an extra income through holiday rentals in Albufeira.

Location and nearby infrastructure

The complex is situated just 90 metres from Inatel Beach and 150 metres from Praia dos Pescadores. The historical centre of Albufeira “Baixa” is also just 250 metres away.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other apartments for sale in Portugal.

You can see more apartments for sale in Albufeira elsewhere on our website.

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    Inna Shchukina
    Inna Shchukina,
    Senior property selection advisor
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      Ekaterina Maslova
      Ekaterina Maslova,
      Senior Residence and Citizenship Advisor
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      How to buy property with Tranio

      Enquiry

      Send us an enquiry with an approximate description of the property or investment project you’re interested in.

      Meeting the partners

      After clarifying your enquiry, we will introduce you to our partners and/or local agents.

      Offer selection

      We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

      Viewing tour

      You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

      Transaction closure

      Having chosen the best property, you will sign the sales or investment agreement (for development).

      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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        Head of Sales
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