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Algarve, Albufeira, Portugal

€879,000
O'Neill's Property, Loule
PROPERTY TYPE

Apartment

BEDROOMS

4

BATHROOMS

4

SIZE

2,960 sq ft

275 sq m

Key features

  • 4 bedrooms
  • Total area: 458 sqm
  • House area: 275 sqm
  • 4 bathrooms

Description

magine living in the heart of Albufeira, just 700 metres from the beach, with sea views and a rooftop terrace all to yourself.

This grand and exclusive duplex penthouse is truly out of the ordinary, the kind of property that very rarely comes onto the market in the city centre. It offers 275 m² of gross private area and 183 m² of gross dependent area. Officially registered as a two-bedroom apartment, it has been converted into an impressive four-bedroom home, with generous, very bright spaces. Every bedroom has built-in wardrobes and windows opening onto the balconies. In addition to the main lounge, there is an extra living room which, if the new owner wishes, can be turned into a fifth bedroom or a home office, also with a window and access to the balcony. Its exceptional size offers enormous potential.

The home is spread over two floors, with a private rooftop terrace above. As the surrounding buildings are lower or of the same height, the terrace is pleasantly secluded. It is the perfect place to soak up the sun, entertain friends or watch the sunset over the sea.

There are also two large covered balconies, totalling 130 m², extending the living space outdoors all year round.

Fully renovated in recent years, the penthouse features four bathrooms, wooden floors in the living room and bedrooms, double-glazed windows and air conditioning in every room. The building has a lift. The property also includes two lock-up garage spaces with doors opening directly to the outside, and a storage room.

It is also an excellent investment opportunity. It holds a holiday rental licence (Alojamento Local), with a strong turnover history in recent years, which can be verified upon viewing and confirmed interest.

It is ideal for those looking for a profitable investment, or for anyone with an active lifestyle who wants to live in the city centre, with everything within walking distance.

Mortgages : up the age of 80 with 20% deposit for more information contact PORTUGALMORTGAGEBROKERS.COM as they are free and get pre approved.

Deposit 20%
Number of years 30
portugalmortgagebrokers.com

Rental : excellent potential

The best Insurance quotes PORTUGALINSURANCEBROKERS.COM

O'Neill's Property is a licenced estate agent Est 2005 Vilamoura.
REF: Penthouse

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 O'Neill's Property, Loule

Established 2005 in Vilamoura , O’Neill’s Property is a licenced property broker working with a number of estate agent all over the Algarve to find your perfect property.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by O'Neill's Property, Loule (reference 285944_Penthouse) 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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