This two-bedroom apartment in Vale de Parra is situated in a private gated condominium, within walking distance of numerous bars, restaurants, shops and a supermarket; beaches are a 10 minute drive away. The fully furnished apartment is positioned on the first floor and is well-presented throughout with tasteful interiors. The apartment offers a welcoming open-plan living dining room with sliding doors leading onto a balcony with views over the children's play area. Off the hall is a modern fully equipped kitchen with a range of integrated appliances with views of the pool.

There is also a deluxe master bedroom which is flooded with natural light and complete with fitted wardrobes, en-suite bathroom and a balcony with scenic views of Vale de Parra. Completing the apartment is a further twin bedroom with a separate bathroom.

Also benefiting the property are two communal swimming pools, well-maintained communal gardens, a BBQ area and a private parking space and a private secure storeroom.

This property would make a great investment to create income as a holiday rental.

Albufeira is a coastal town in the Algarve region, which is located in southern Portugal. The former fishing village has become a popular vacation destination with beaches and a bustling area with nightlife attractions. Guia shopping centre is just also just a short drive away with a cinema, a variety of clothes shops as well as pharmacies, opticians and more.

Mortgage Simulation: Duration Period: 30 years 360 months
Purchase Price: 260,000
20% Deposit Down Payment: 52,000
Finance: 208,000
Interest Rate: 0.9%
Monthly Payment: 659.50

Mortgage Simulation: Duration Period: 40 years 480 months
Purchase Price: 260,000
20% Deposit Down Payment: 52,000
Finance: 208,000
Interest Rate: 0.9%
Monthly Payment: 516.16

Rental Simulation:
Season and Rate per week
Spring (01 April - 31 May) - 525
Easter Week (Dates will vary) - 800
Early Summer (01 - 30 June) - 800
Summer (01 July - 15 September) - 950
Late Summer (15 - 30 September) - 800
Autumn (01 - 31 October) - 650
Winter (01 Nov - 31 March) - 385

- REF: IDH32889