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Tiny London Apartment or Algarve villa with pool for €350k?

By Sun’s Dragon

With a gasp of disbelief I read about the recent sale of a teeny, tiny apartment in London for the unbelievable sum of £275,000 (€350,000).

The novelty of asking over a quarter of a million pounds for London’s tiniest apartment recently hit news headlines across the UK. The property sold within a few short weeks. The final sales price is not published but is thought to be above the asking price.

The building was once a flower shop  in London’s fashionable Islington district and has been very cleverly converted to a one bedroom flat, featuring an open-plan kitchen, a tiny living area, a dinky little bathroom and a small ‘bedroom’. To get to the bedroom (which is suspended from the ceiling) you must first climb onto the kitchen counter in order to reach the narrow steps leading up to where the bed is.

For a complete tour, check out this video from Daily Telegraph journalist Harry Wallop, and see the original article when this property was put up for sale as well as the Telegraph write up after the sale.

      

 

How would the Algarve compare?

It got me thinking of what you could buy in the Algarve for that kind of money. So, I checked out properties listed on Meravista.com for €350,000. There are 168 villas and apartments listed for exactly that price, with over 1600 listed between €250k and €350k.  If you’re looking for any villa or apartment for under €350k, you will find over 8000 properties to choose from!

 

Beautiful villa in Santa Barbara de Nexe

Just a stone’s throw from the much sought after village of Santa Barbara de Nexe is this lovely semi-detached villa. It offers three bedrooms, 3.5 bathrooms, an open plan living/dining room with fireplace, and a fully fitted kitchen.  Two bedrooms are en-suite and all have fitted wardrobes. The master bedroom is on the first floor with its own balcony and terrace and has stunning views. Outside you find a large swimming pool, terraces, BBQ, carport and a timber storage shed. The villa also boasts mosquito screens, air conditioning and a security system.

 

Two for the price of one in Tavira

It’s only a couple of minutes walk from this lovely villa to the picturesque village of Santo Estevão, just outside of the quaint town of Tavira. This villa is two for the price of one

The ground floor features a living room with a wood burning fireplace, kitchen and three bedrooms with fitted wardrobes, patio doors and shutters. On the first floor is a two bedroom apartment with its own entrance and private terrace. Outside, there is a swimming pool with terrace and barbecue area, and the landscaped garden is fully fenced.

 

Stunning apartment with golf lifestyle in Vilamoura

A limited number of stunning apartments are still available in this luxurious 145-unit condominium in the sought-after golf and marina town of Vilamoura. Featuring stunning grounds, indoor and outdoor swimming pools, a fully kitted out gymnasium and private underground parking, The Residences at Victoria Golf Club is top of the range.

The apartments is brand new, with open plan living / dining, fully fitted kitchen, master bedroom suite, guest bedroom, plus feature a lovely spacious terrace with great views. The added bonus is property owners gain 50% discount at all Vilamoura golf courses!

 

Luxury living in Lagos

Ten minutes outside of the town of Lagos you will find this gorgeous villa in the peaceful area of Colinas Verdes. Situated on a 2000m2 private plot, this villa is spacious with three bedrooms, two bathrooms and a fully equipped kitchen. The added bonus is that it includes a self-contained one-bedroomed apartment with its own private terrace and garden.

Featuring a swimming pool, laundry room, air conditioning, and solar hot water, there is also a garage for two cars and landcaped garden. This property has fantastic investment potential.

 

Obviously London property prices are incredibly high and regardless of price, the location is much sought-after. However - not only can I get a fabulous villa in the Algarve for the price of a dinky London flat, I’m  guaranteed 3,000 hours of sunshine per year and the lifestyle to match.

I know where I’d rather be… wouldn’t you?

 

Brought to you by Meravista – the place where smart people search for Algarve property for sale. Contact Meravista