Apartment T3 - , Portimão, for sale

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Sale price
265 000 €

Flávia Teles

Flávia Teles

Phone

967834859
(Call to national mobile network)

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Ref: HOME581815

3 Bedroom Apartment in Portimão – Long Term Investment

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.

Property Features

  • Garage
  • Built year: 2003
  • Floors: 3
  • Views: City view
  • Lift
  • Energetic certification: D
  • Balcony
  • Current Occupation: Tenanted

Location

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