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NEW HOME

Algarve, Albufeira, Portugal

£187,245
€219,000
IAD, Porto
PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

517 sq ft

48 sq m

Description

Elegant 1+1 Bedroom Apartment with Ocean Views in Albufeira – A Unique Opportunity at Luna Clube Oceano

Located just a few steps from the beautiful Monica Isabel Beach, this bright and spacious 1+1 bedroom apartment, situated within the renowned Luna Clube Oceano Aparthotel, represents an excellent opportunity in one of Albufeira's most sought-after areas.

Boasting generous living spaces, abundant natural light and a large terrace with magnificent sea and resort views, this property offers the perfect setting to enjoy the Algarve lifestyle all year round.

The apartment currently features two bedrooms, although it is officially registered as a one-bedroom apartment. The second bedroom has been created to provide additional comfort and functionality and does not have a door.

Owners have two options:

• To place the apartment in the rental programme operated by Luna Clube Oceano, allowing them to enjoy the property for certain periods while receiving rental income, subject to agreement with the hotel operator;

or

• To use the apartment exclusively for their own private enjoyment by paying an annual periodic fee of approximately €1,100, which provides access to the swimming pools, gym, laundry service and the resort facilities (some facilities are closed between November and April).

Due to the tourist operation regime governing the development, obtaining an Alojamento Local licence is not permitted. However, this property represents an excellent opportunity for:

• Permanent residence;
• Holiday home;
• Investment through the tourist operation managed by Luna Clube Oceano.

Within walking distance of the beach, restaurants, cafés, supermarkets and all essential amenities, this apartment perfectly combines a prime location, comfort and long-term value.

A rare opportunity to own a property just moments from the sea and enjoy the very best of the Algarve lifestyle.
#ref: 164301

Algarve, Albufeira, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    17.1 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 164301) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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