€210,000

Apartment for sale Portimão
Property photo number 1 of 2 Photos for Property. File 104866988_2658_96cb76b6025048e05d8cd2a5384f08dd.jpeg

Overview

SUMMARY: Discover an opportunity with this Portimão apartment for sale and available for €210,000. This could be your next ideal home or a smart investment. More details await.

Excellent opportunity for investors looking to expand their real estate portfolio in the south of the country. We present this 3 bedroom apartment with a generous 124 m² of total area, located on the 1st floor of a building on the strategic Estrada

de Alvor, in Portimão. Important Note for Investors: The property is currently rented to an elderly tenant with a monthly rent of 190. It is a business aimed exclusively at medium/long-term investment, ideal for those looking to invest capital in a physical asset with high potential for future asset appreciation and a highly competitive cost per square meter for the region. Main features: Typology: T3 (Three bedrooms), with garage and balcony Total Area: 124 m², offering large rooms and excellent solar distribution. Floor: 1st floor left. Strategic Location: Located on Estrada de Alvor, in Portimão, a consolidated residential area with proximity to transport, services, main accesses and the beaches of the region. Asset Potential: Portimão is one of the most resilient and valued real estate markets in the Algarve. The acquisition of a 3 bedroom apartment with 124 m² for this value represents an excellent margin of latent asset appreciation. Ideal for investment funds or private investors focused on capital preservation strategies and capital gains in the future. The documentation of the property is duly regularized, having a license of use issued by the Municipality of Portimão. For more information about the contractual conditions of the lease or to analyze the details of this investment, please contact us.

. 3 124 . : 190 . . : : T3 ( ) : 124 . : . : . : . 124 . . . .

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Details

  • Neighborhood: Portimão
  • Beds: 3
  • Baths: 2
  • Price: €210,000
  • Reference No.: HOME581831
  • Area: 101 m2
  • Year Built: 1969

Amenities

  • Home: Energy Certificate: D

Location

Marketed by:

  • HOME EXPO
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  • +351 933333393
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