Premium New development

2 Bed Condo for sale

Portugal

£375,064 *  [€441,000]

2 Bed Condo for sale

Portugal

£375,064 *  [€441,000]

Property Details


  • Bedrooms: 2
  • Bathrooms: 0

Features


  • Availability: 2 bedrooms
  • Price: From €441,000
  • Estimated Completion: Q1 2026
  • Tenure: Freehold
  • Rental Yield: 7%

Full Description


Exclusive Condominium In Albufeira's New Residential Neighbourhood

This private apartment community forms part of a luxury, master-planned, multi-phase development.

It comprises 76 one and two-bedroom apartments spread across three floors with a roof terrace and will complete in Q1 2026. The penthouse apartments have large private terraces, complete with a jacuzzi, while the apartments on the ground floor also enjoy private terraces.

The development has stand-out facilities including spacious balconies with barbecues, private parking or box, heated swimming pool for adults and a swimming pool for children, gym, solarium, and landscaped garden with plants adapted to the climate of the Algarve. It also boasts a co-living room and home cinema.

An ideal community for investors, the condominium is close to beautiful Algarve beaches, all amenities, transportation and a private hospital. This also makes the apartments an excellent option as main residences or for vacation.

About the Project:

* Private apartment community forming part of a luxury development

* 76 one and two-bedroom apartments

* Private terraces and outdoor spaces

* Outstanding amenities

* Prime location near Algarve beaches, amenities, transportation, and private hospital

Amenities:

* Gated community

* Green spaces

* Indoor parking

* Swimming pools

* Home Cinema

* Gym

* Solarium

* Air conditioning

* Large windows

* Solar panels

* Video surveillance

Payment Schedule:

* €5000 to reserve

* 30% in the promissory contract (-€5000)

* 20% on windows and interior subdivision

* 50% on completion

Why Algarve?

* The Algarve recorded 20.38 million overnight stays in 2023

* Won "Europe's Leading Beach Destination" at the prestigious World Travel Awards 2023

* Albufeira saw highest number of tourists in Aug 22 along with Lisbon

* Less than 40 mins drive from Faro International Airport

* Hotel occupancy rates were their highest in 20 years in January 2023

* House price growth in the Algarve is outperforming the national average

Facing the Atlantic, with a total of 25 Blue Flag beaches, Albufeira stands out as a destination of the 21st century. The city has long been known for its ability to combine the amenities of a modern city with the traditional charm of the Algarve.

The condominium is located in the centre of the Algarve, and just 35 minutes from Faro international airport, in the Quinta dos Figos neighborhood of Albufeira, an area carefully designed to be a residential area of villas and apartments. In a quiet but central part of town, residents can enjoy close proximity to stores, restaurants, and the Lusiadas hospital. You are also only 6 mins to the Pescadores and Oura beaches.
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This property listing (ref: 19597-Albufeira) is an advertisement supplied by Benoit Properties 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 0.8493 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.