3 Bedroom Duplex Penthouse With Sea Views, Pool And Private Terrace — Albufeira

Duplex apartment located on the top floor (5th floor) of the private condominium «A Ver o Mar», in Albufeira. The property benefits from two lifts and a private parking space within the gated condominium.

The apartment stands out for its spacious private terrace with a barbecue, offering open and panoramic views over the sea and the city of Albufeira, providing a privileged perspective of the surrounding area.

Located just 1 km from the beach, 1.5 km from the famous Oura Strip (Rua da Oura), and 1 km from Albufeira’s historic centre and downtown area, the apartment is set within a gated condominium featuring landscaped gardens and swimming pools for both adults and children.

The entrance floor comprises a fully equipped kitchen, a spacious living room with a balcony and sea views, one bedroom with fitted wardrobes, and a bathroom with a bathtub.

The upper floor currently comprises two bedrooms, a bathroom with a shower, and a second living room with direct access to the terrace.

Due to its location, size and layout, this apartment offers excellent potential both as a permanent residence and as an investment property, particularly for long-term rental, potentially benefiting from the current tax incentives, or for operation as a short-term holiday rental (Alojamento Local).

Important documentation note: According to the property’s official documentation, the apartment is registered as a T1. The upper floor corresponds to the converted attic space and is currently arranged and used as described above.

IMI (Annual Property Tax): €700/year
Condominium fees: €900/year
Parking: 1 private parking space within the condominium
Lifts: 2

Coordinates: 37°05’37.7”N 8°14’20.2”W