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2 Bed Apartment for sale

Cabanas de Tavira, Tavira, Algarve, Portugal

£509,505 *

 [€595,000]

Property Details

  • Bedrooms: 2
  • Bathrooms: 2
  • Plot size: 215.36 m2
  • Habitable space: 106.39 m2

Features

  • New property
  • Air conditioning
  • Central heating
  • Elevator
  • Central location
  • Terrace
  • Energy Certificate: A

Full Description

A brand new two bedroom penthouse for sale in Cabanas de Tavira, currently under construction in a private condominium, there will be a total of sixteen 2 bedroom apartments and eleven 3 bedroom apartments all offering excellent views of the area, the stunning Ria Formosa and the Atlantic Ocean.

This apartment is located on the second floor with 215,36m2 and comprises of 2 bedrooms, one en-suite, a guest bathroom, a fully fitted kitchen with top-quality, modern appliances, a large living area where you will be able to access your own private balcony for some al-fresco dining and there is a also a private parking space. There will also be a private terrace of 91m2 at the top of the building which will also include a jacuzzi.

Finished to an excellent standard, these apartments will come equipped with air-conditioning heating, underfloor heating in the bathrooms, double glazed windows, electric shutters, built-in wardrobes and solar heated hot water. Providing a comfortable and modern base, these apartments are ideal for anyone wanting to explore Tavira and its surrounding areas.

A communal swimming pool will also be available for residents and guests of this condominium if you fancy lazying around poolside rather than heading down to the beach, making it perfect for everyone!

Not only is it suitable if you are wanting to relocate to the Algarve, but it will make an excellent rental investment especially as Tavira is an up and coming area. Our rentals department have seen a large increase in holidaymakers looking for property in Cabanas de Tavira so have been able to provide rental projections as seen below. 

Located ten minutes from the historic city of Tavira, Cabanas is a hidden gem within the Algarve with many sports, activities and beach opportunities available for those willing to explore.

Tavira is one of the oldest Moorish towns in Eastern Algarve, concealing a charismatic heritage until this day, becoming one of the finest resort towns in the area.

The town extends along the river banks of Gilão, where Moorish influences beautifully compliments the deep-rooted Portuguese traditional culture. Explore the magnificent buildings and historic churches along the river through the cobbled streets, take a taxi-boat and dive into the Caribbean-Like Islands of Cabanas and Barril located just off the main town.

Mortgage Simulation -Duration Period: 30 years 360 months

Purchase Price: 595,000
Deposit Down Payment: 119,000
Finance: 47, 000
Interest Rate: 0.9%
Monthly Payment: 1509.24

Mortgage Simulation -Duration Period: 40 years 480 months

Purchase Price: 595,000
Deposit Down Payment: 119, 000
Finance: 476,000
Interest Rate: 0.9%
Monthly Payment: 1181.22

Rental Simulation

Season and per week
Spring 01 04 - 31 05 - 1100
E. Summer 01 - 30 06 - 1300
Summer 01 07 - 15 09 - 1600
L. Summer 16 - 30 09 - 1300
Autumn 01 - 31 10 - 1100
Winter 01 11 - 31 03 -850


- REF: IDH32416

This property listing (ref: IDH32416) is an advertisement supplied by Ideal Homes Portugal and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.8563 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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