Apartment T1 for sale in Albufeira

Albufeira e Olhos de Água
18 000 €Sale
id. 7081701
40
1 Bedrooms

Description

A superb long-term investment and holiday opportunity: one-bedroom apartment in timesharing, corresponding to the last week of August, located in the renowned Ourabay Hotel & Apartments in Albufeira. Perfect for those looking to secure comfortable annual holidays in one of the most sought-after areas of the Algarve during peak season. Ourabay enjoys a prime location just minutes from Oura Beach, and close to restaurants, shops, services, entertainment areas and Albufeira’s main attractions. Everything is within walking distance, allowing for a relaxed and convenient holiday experience. Fully furnished and equipped, the apartment is bright, comfortable and functional. It includes a spacious bedroom with two single beds, a living room with sofa bed, dining area, equipped kitchenette, full bathroom, and two large balconies overlooking the city, ideal for enjoying the Algarve weather. Two extra beds can be added, allowing accommodation for up to 6 guests. The unit also includes air conditioning, satellite LCD TV, safe, iron, hairdryer and other amenities. The complex offers an outdoor swimming pool, sunbathing areas, reception, on-site parking and close proximity to supermarkets, commercial areas and local attractions — including the vibrant Oura Strip, only a 10-minute walk away. With an estimated net yield of 7.25% per year, this is an investment that provides both personal enjoyment and strong rental potential. Located just 5 minutes from Albufeira city centre and within short driving distance of beaches, Zoomarine, Algarve Shopping and several golf courses. A reliable and attractive opportunity to secure guaranteed holidays every year in a prime Algarve destination, without the stress of finding accommodation during high season.

Details

Gross Area m²
40
Total Lot Area m²
- -
Living Area m²
40
Bedrooms
1
Year of Construction
2015
Elevator
No
Parking
Yes
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Living Room
Parking

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value18 000
Down Payment
180010%
Amortization Period:30 years
Monthly Payment (*)72,75

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant