$811,579

3 Bedroom Penthouse Flat With Large Terrace In The Centre Of The Old Town Of Albufeira

  • 3 Beds
  • 3 Baths
  • 1,723 Sqft
  • Updated: June 18

About the Property

Maximise your return on investment with this fully refurbished 3 bedroom flat in the heart of Albufeira’s historic Old Town.

This penthouse crowns the building with a huge private rooftop terrace, complete with integrated bar.

Rebuilt from scratch in 2023 with all-new infrastructure (plumbing, electricity, windows and doors), this property offers a high-quality, maintenance-free
Maximise your return on investment with this fully refurbished 3 bedroom flat in the heart of Albufeira’s historic Old Town.

This penthouse crowns the building with a huge private rooftop terrace, complete with integrated bar.

Rebuilt from scratch in 2023 with all-new infrastructure (plumbing, electricity, windows and doors), this property offers a high-quality, maintenance-free investment with a proven and excellent rental history.

Located in the heart of Albufeira’s Old Town, this flat perfectly combines modern living with historic charm.

It is perfectly positioned for those looking for a vibrant urban lifestyle.

With a huge private rooftop terrace and a prime central location, this move-in ready property is a fantastic opportunity for a stylish residence or a high-yield rental investment.

Investment Highlights

Unbeatable location: A stone’s throw from the beach, the square and the nightlife.
Differential: Private terrace of 80 m² on the roof with integrated bar and bathroom.
Ready to rent: Sold 100% furnished and equipped.
Modern comfort: Air conditioning, high-speed Wi-Fi and premium appliances included.

The space

The ground floor includes a bright living room with balcony, a fully equipped kitchen with a covered terrace for dining, three bedrooms (one of them en-suite) and a guest bathroom.

A private exterior staircase leads to the jewel in the crown of the house: a sprawling rooftop oasis, designed for the ultimate in entertainment, that makes this property stand out drastically from the local competition.

Key features

Full climate control (air conditioning and heating)

Fully equipped kitchen with high-end appliances and washing machine

Built-in wardrobes and high-speed internet

3 modern bathrooms in total

Prime location

35 m from a minimarket and ATM

20 m from a rooftop bar

150 m from renowned restaurants

350 m from the famous Old Town Square

450 m from the beach

37 km from Faro Airport (40 minutes by car)
Energy Rating: C
#ref:[hidden information]
  • Property type

    Apartment

  • Price/sqft

    $471

  • Emissions

    NI

  • Consumption

    C

Features

  • Terrace
  • City View
  • Renovated
  • Investment Property
  • Outdoor Living Space
  • Stone Countertops
  • Bar
  • Air Conditioning
  • Balcony

Explore the Area

Rua do Movimento das Forças Armadas, Praia dos Pescadores, Olhos de Agua, Portugal View on Google Maps
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Algarvedreamproperty

Joined 7 years ago
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Algarvedreamproperty
Faro, Portugal
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71
Listings
2019
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Algarvedreamproperty
Albufeira e Olhos de Água, Faro, Portugal
View agency profile
Last updated
June 18
First listed
Jun 18
Listing reference
D.03-0526111056
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