If you’re looking for an ideal investment opportunity in the Algarve, this might just be your perfect choice. A spacious and light two bedroom apartment is available at a bargain price in Vilamoura. Situated in a private condominium and just a short walk from the marina, this apartment is ideal to rent out for summer holiday rentals, or to use as your own home away from home in the Algarve. Priced to sell at €149,000 (just £105,400), the property is for sale by the owner, so there are no agent commissions to pay either. We anticipate it will not be on the market for too long.
The custom-built resort of Vilamoura is just half an hour from Faro airport, and is the Algarve’s premier marina, golf and holiday destination. With golf and beaches on the doorstep, an amazing selection of waterfront restaurants and nightlife, Vilamoura has everything you could want.
The apartment features 76m2 of comfortable modern living. The open-plan living / dining room is spacious with patio windows opening onto a lovely balcony overlooking the complex pool and gardens. To the front of the apartment is another large terrace with plenty of space for relaxing outdoors.
The kitchen has a big window, allowing plenty of light, and is fully fitted including a cooker, microwave and fridge/freezer. There is a convenient double stainless-steel sink unit and plenty of counter and cupboard space.
There are two good-sized double bedrooms, one of which has patio doors opening to a balcony. Both have fitted wardrobes. There is a full bathroom plus a shower room. The property is beautifully finished and enjoys air conditioning and mains water and electricity.
The community has a snackbar, swimming pool, sun bathing areas and gardens onsite, and features gated access and private parking. Nearby are shops and restaurants while a short walk brings you to the marina and the centre of the Vilamoura resort.
The boardwalk area around the marina is filled with restaurants of all types of cuisine and plenty of nice bars and up-market nightlife. Adjacent to the marina you will find one of the Algarve’s longest beaches offering lots of sunshine all year round.
Golf abounds with six golf courses located within Vilamoura, including Oceanico Victory where the Portugal Masters is played annually, plus you have the Vila Sol golf course right next door. With a variety of events happening all around the resort throughout the summer, visitors and residents alike are never short of things to do.
Ideal as a full or part time residence, from an investment perspective it’s worth noting that this stunning apartment can fetch up to €1000 per week during high season plus, due to its excellent location, has rental potential all year round. And at just €149,000 it’s not likely to be available for long.
Check out the full listing and contact the home-owner for an appointment to view… while you still can…