€180,000

Apartment for sale Albufeira
Property photo number 1 of 16 Photos for Property. File 97179996_2420_c9b3ff9d82ac7ad9a1ed43ee5b3548ad.jpeg

Overview

SUMMARY: Discover an opportunity with this Albufeira apartment for sale and available for €180,000. This could be your next ideal home or a smart investment. More details await.

Located in Forte de São João, just a few steps from the beach, this furnished studio apartment enjoys a convenient setting within walking distance of supermarkets, cafés, bars, restaurants and shops. The popular Strip, known for its lively nightlife

and entertainment, is approximately 900 metres away. The apartment is wheelchair-friendly and forms part of a tourist development operated by Luna Hotels. Owners may occupy the apartment for up to 30 days per year between 1 November and 31 March, provided that the intended dates are notified at least 90 days in advance. During the remainder of the year, owners may book alternative accommodation within the development, subject to availability, and benefit from a 10% discount on the lowest publicly advertised rate. The hotel operator is responsible for all operating costs and expenses relating to the apartment throughout the year. The rental income paid to the owner for 2025 was 6,640.40, payable in monthly instalments. The management agreement renews automatically unless notice of termination is given by registered letter at least three months before the renewal date. At Cerro Novo, we pride ourselves on helping clients find properties that perfectly suit their lifestyle and goals. With over 45 years experience in the Algarve property market, our team offers professional guidance, market knowledge and personalised support at every stage of the buying process, ensuring a safe and stress-free experience.

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Details

  • Neighborhood: Albufeira e Olhos de Água
  • Beds: 0
  • Baths: 1
  • Price: €180,000
  • Reference No.: CNA5390
  • Year Built: 1993

Amenities

  • Home
    • Air conditioning
    • Elevator
    • Swimming pool
    • Terrace
    • Energy Certificate: C

Location

Marketed by:

  • Cerro Novo
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  • +351 289 510 790
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