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Algarve Apartment for sale
Loulé Vilamoura | Ref: 3834
Bedrooms:  3
Price:  560,000.00 | £486 957
Three bedroom apartment in Vilamoura, near the beach and Marina
Surely the best location in Vilamoura! Literally at walking distance (two minutes!) to the beach and the internationally-lauded Marina, this nice apartment sits on a gated community with a beautiful communal area, including a large swimming pool for adults and another one for children use. With good indoor areas, the apartment comprises of a hallway, a large lounge, a fitted kitchen, three bedrooms (one with an ensuite bathroom) and a family bathroom. In the basement there is a storage room and a parking space. The location makes this one of the best properties to invest in Vilamoura, making it the perfect holiday home with an incredible rental potential. Situated in the Algarve’s Golden Triangle, 20 minutes west from Faro airport, Vilamoura is one of Portugal’s most popular holiday resorts, a blend of luxury hotels, villas and apartments, supported by an extensive infrastructure and all the community services required in a residential area. Meeting the aspirational needs of residential and tourism clienteles, the destination enables a host of lifestyle choices and leisure opportunities, in which facilities and amenities have been developed sympathetically into the surroundings. A feeling of quality pervades, revealed initially through excellent infrastructure and continuing into leisure and residential structures. Developed as a place to live, visit and holiday, Vilamoura has so much to offer. 10,000 permanent residents live in Vilamoura’s villas, townhouses and apartments. Vilamoura attracts 500,000 visitors and the Marina has an annual footfall of 3,000,000 per year. Residents and visitors can rely on an extensive service infrastructure, which includes a health centre, several chemists, an international school, post office, crèches and a veterinary clinic. For leisure and sport, it’s hard to beat: five renowned championship golf courses, world-class equestrian facilities, water and land-based sports facilities, spas, and two of the finest beaches in Europe. Lifestyle choices are further enhanced by more than 100 restaurants (including a Michelin Star holder), an enviable line-up of bars, lounges and beach clubs and a casino. Vilamoura’s defining structure is its internationally-lauded marina. The largest and most important in Portugal, with 825 berths, Vilamoura Marina has the Five Gold Anchors Award and was voted ‘International Marina of Distinction’ 2015-2017. The extensive range of services and fully equipped boatyard ensure its landmark status for boat owners, while the restaurants, bars and shops around it provide a central attraction for the destination.

Portugal Property How to Choose the Right Real Estate

How to Choose the Right Portugal Real Estate for You

Portugal Real Estate has been attracting investors from different parts of world.  

Portugal is not only a perfect place for those looking to live close to nature, but also for those who are seeking for opportunities to grow their trade. However, a major decision like this needs to be deliberated thoroughly. Your investment can turn into a burden if the property will not prove right for you.

Why Buy a Property in Portugal

Portugal is a region in the southernmost part of Europe. For example the Algarve It is not just any region, but the third richest in the country. About 10 million tourists spend their vacation in Algarve each year. The town of Lagos in particular, are popular for its gorgeous beaches, verdant pastures, and spectacular historical sites.

The climate is mild, with infrequent rains during the period from December to March. Summer is when all the fun begins, with most holiday-makers spending their time by the shore. Restaurants are in every corner, serving a wide range of delectable cuisines and wines. Luxury golf courses, nightlife, shopping centres, and supermarkets surround the residential areas.

Factors to Consider When Buying Portugal Real Estate

Portugal Property for sale is not limited to homes, villas, and apartments. There is a Portugal Real Estate for any budget and specification. To find the right property to buy, it will help to consider the factors below.

  • Security. Portugal is an economically stable country. There are instances of inflation, but the real estate industry remains strong. This may attribute to minimal crime rates and low cost of living. Jobs are offered from different sectors—tourism, fishing and aquaculture, manufacturing, etc. A significant portion of the population is content at working from home. Whether you are looking for a property to turn into rented accommodations, to resell for a higher price, or to make your home, you will never go wrong with Portugal property for sale.
  • Budget. Portugal Real Estate prices are lower compared to real estate prices in other European territories. But before you look for a specific property to buy, you need to set your price range first. It can be easy to get persuaded by sales talk from a real estate agent. A little more than your target price will not hurt, but once you go beyond your price range, you may not know when to stop. Stick to your budget to avoid the risks of a financial trouble.

 

Specifications. Determine the specifications of the property you want to buy. Look ahead in the future, and decide what you will use the property for. The number of rooms you need, the size of the kitchen, or the style of the house should be planned well. Portugal Real Estate websites can help you find the property that fits your description. You can also use a Real Estate agent if you are not comfortable about finding a property on your own. Nevertheless, you should check for his or her background first.

 

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