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3 Bed Apartment for sale

Portimao, Algarve, Portugal

£230,696 *  [€265,000]

3 Bed Apartment for sale

Portimao, Algarve, Portugal

£230,696 *  [€265,000]

Property Details


  • Bedrooms: 3
  • Bathrooms: 2
  • Plot size: 80 m2
  • Habitable space: 80 m2

Features


  • Lift
  • Double Glass
  • Energy performance certificate – E

Full Description


We present an excellent investment opportunity in the heart of Portimão: a spacious T3 on the 5th floor (top floor), with great potential for profitability and appreciation.
Strategic Location:
Located in Portimão, this fraction benefits from a privileged location, just 2.3 km from the coast and close to all services, commerce, public transport and the riverside area. One of the most sought-after areas, both for permanent housing and for rent, ensuring high demand.
Property Features:
Typology: T3 (living room + 3 bedrooms, kitchen with balcony, bathroom and powder room)
Floor: 5th floor (top floor) with lift
Net Area: 67.66 m² | Gross Private Area: 80 m²
Average ceiling height: 2.61 m
East-facing façade
Year of Construction: 1971
Advantages for the buyer:
Top Floor: Greater privacy and absence of neighbours upstairs, easy access to the terrace overlooking the riverside area and the Portimonense stadium
Elevator: Factor of convenience and appreciation, increasingly valued in the market
Potential for Added Value: Carrying out refurbishment works may significantly increase the market value and rents
Central Location: Key factor to ensure occupancy and profitability
Why this Investment?
Portimão is one of the fastest growing municipalities in the Algarve, both in terms of population and tourism. This T3 on the top floor is the ideal opportunity for those looking for a safe investment, with high potential for income and appreciation in the medium term.
Potential for Profitability and Appreciation:
Immediate Income: With a generous area and central location, this property is in high demand for long-term rental or Local Accommodation.
Future Valuation: The centre of Portimão is constantly appreciating, and this is an opportunity to enter at an attractive price.
Competitive Price: The sale value of €265,000.00 is highly competitive for the features and location.
Don't miss this opportunity!
Contact us for more information or to schedule a visit to the property.
Includes illustrative images.
Energy Rating: E
#ref: A3241
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This property listing (ref: A3241) is an advertisement supplied by Villaskey 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 0.8705 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.