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280 000 €

Apartment in Albufeira, Portugal, 110 sq.m

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  • Apartment in Albufeira, Portugal, 110 sq.m - picture 1
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  • Apartment in Albufeira, Portugal, 110 sq.m - picture 1
  • Property ID on Prian.info: 2709235
    Last update: 15.06.2023
    Number of views: 4618

280 000 €

Apartment in Albufeira, Portugal, 110 sq.m

110 sq.m 3 2 2

  • Property ID on Prian.info: 2709235
    Last update: 15.06.2023
    Number of views: 4618

Specifications

Sale price 280 000 €
Price per square meter 2 090.91 €
Floor area 110 sq.m
Total number of rooms 3
Number of bedrooms 2
Number of bathrooms 2
Construction phase Resale
Date of construction 1987

Description

What are tourists looking for when planning their holidays in the Algarve?

Proximity to the beach, to infrastructure, preferably an ocean view, and they also know about the English street known as Streep or New Town - a street of bars, restaurants, boutiques, all kinds of night entertainment and attractions!

What place could be more profitable to rent?

All this you get with the purchase of a fully renovated and tastefully furnished, cozy penthouse apartment.

The penthouse includes: a spacious entrance hall, a living room with access to a terrace with ocean views, a fully equipped kitchen, a laundry room, 2 bedrooms with access to terraces with ocean views, one of which can be a great place for sunbathing or placing a Jacuzzi. Two bathrooms are equipped with shower cabins with hydro massage.

The apartment is sold furnished with branded French furniture, equipped with Mitsubishi air conditioners, electric blinds, double glazing, heat and sound insulation.

The apartment has a parking space in the underground garage and the possibility of using the swimming pool (20 euros per month)

The renovation was done in 2012 using high-quality materials.

According to conservative estimates, it is possible to get 5-7% guaranteed rent, due to the year-round demand for the location of this property.

A business idea for little money!


Representative

Olga
Languages: english
Show phone number



Cost of accomodation in Albufeira

Cost of accomodation in Albufeira
Restaurants
Cappuccino (regular) 2.06 €
Coke/Pepsi (0.33 liter bottle) 2.05 €
Domestic Beer (0.5 liter draught) 2.00 €
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 €
Meal for 2 People, Mid-range Restaurant, Three-course 46.80 €
Meal, Inexpensive Restaurant 10.00 €
Water (0.33 liter bottle) 1.25 €
Imported Beer (0.33 liter bottle) 3.25 €
Markets
Apples (1kg) 2.30 €
Banana (1kg) 1.45 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 9.50 €
Bottle of Wine (Mid-Range) 5.00 €
Chicken Fillets (1kg) 6.82 €
Domestic Beer (0.5 liter bottle) 1.00 €
Eggs (regular) (12) 2.47 €
Lettuce (1 head) 2.00 €
Loaf of Fresh White Bread (500g) 1.57 €
Local Cheese (1kg) 11.17 €
Milk (regular), (1 liter) 0.85 €
Onion (1kg) 1.00 €
Oranges (1kg) 1.56 €
Cigarettes 20 Pack (Marlboro) 5.60 €
Potato (1kg) 1.60 €
Rice (white), (1kg) 1.17 €
Tomato (1kg) 1.81 €
Water (1.5 liter bottle) 1.26 €
Imported Beer (0.33 liter bottle) 1.83 €
Transportation
Gasoline (1 liter) 1.90 €
Monthly Pass (Regular Price) 50.00 €
One-way Ticket (Local Transport) 1.50 €
Taxi Start (Normal Tariff) 2.88 €
Taxi 1km (Normal Tariff) 0.82 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 40 000.00 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 40 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 1 437.50 €
Apartment (1 bedroom) Outside of Centre 1 000.00 €
Apartment (3 bedrooms) in City Centre 2 562.50 €
Apartment (3 bedrooms) Outside of Centre 1 562.50 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 19.13 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 205.00 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 69.00 €
Sports And Leisure
Cinema, International Release, 1 Seat 5.00 €
Fitness Club, Monthly Fee for 1 Adult 47.67 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 90.00 €
1 Pair of Men Leather Business Shoes 137.50 €
1 Pair of Nike Running Shoes (Mid-Range) 103.33 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60.67 €
Childcare
International Primary School, Yearly for 1 Child 13 000.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 400.00 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 2 150.00 €
Price per Square Meter to Buy Apartment Outside of Centre 1 899.00 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 816.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.71 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

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