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Global Properties

3 bedrooms Penthouse in Albufeira, Portugal No. 12970

$ 5 363 550
$ 8 939 per m²
3 Bedrooms
3 Bathrooms
600 Living space, m²
Albufeira, Portugal
Parameters
Bedrooms
3
Bathrooms
3
Living space, m²
600
ID
12970
Address
largo Engenheiro Duarte Pacheco
Type
Penthouse
Completion date
IV quarter, 2022
Property description
Introducing this newly completed and fully licensed masterpiece of modern architecture.
This exclusive development showcases 19 impeccable 3-bedroom apartments, making it the epitome of luxury living in Albufeira and among the most prestigious in the entire Algarve region.
The pinnacle of this extraordinary project, Penthouse Apartment No. 3, stands as a testament to unparalleled elegance and refinement.
Immerse yourself in its splendor, as it is offered fully furnished and equipped, ready for immediate occupancy.
Beyond the impeccable interiors, this residence offers an array of amenities. Residents can indulge in the large south-facing communal pool complemented by a separate children's pool. The meticulously maintained communal gardens create an oasis of tranquility, while a bar and a state-of-the-art gym cater to your recreational desires.
Every detail of this development has been carefully considered, from the choice of superior building materials to the engineering excellence that ensures optimum comfort.
The finishes exude an aura of opulence, showcasing top-tier craftsmanship. However, the pièce de résistance lies in the prime waterfront location, granting unobstructed panoramic views of the Atlantic Ocean.
The allure of this residence is further enhanced by its remarkable features, including a private pool, air conditioning, a manicured garden, and exquisite furnishings. The property also offers underground parking. Immerse yourself in the surroundings from the comfort of the terrace or covered dining area, or unwind in the exclusive gym and savor the pleasures of a BBQ.
Practicality meets luxury, with additional highlights including spacious interiors. Embrace the latest in technological innovation with the smart home features integrated into this new development.
The prime location provides easy access to an abundance of amenities. You will find yourself conveniently situated near a variety of bars, restaurants, schools, shops, beaches, and even a golf course.
Discover a world where land meets sea, where luxury meets comfort, and where dreams become a reality. Embrace the extraordinary lifestyle that awaits at Penthouse Apartment No. 3.

About the location:

Albufeira is a vibrant and popular coastal city located in the southernmost region of Portugal, known as the Algarve. Renowned for its stunning beaches, lively nightlife, and picturesque Old Town, Albufeira attracts millions of visitors each year.

Beaches: Albufeira boasts a diverse range of beautiful beaches that cater to various preferences. Praia dos Pescadores, or Fisherman's Beach, is one of the most iconic and centrally located beaches in the city. Its golden sands and clear waters make it a favorite spot for sunbathing and swimming. Other notable beaches include Arrifes beach and São Rafael Beach, as well as Evaristo, each offering its own unique charm and natural beauty.

Old Town: Albufeira's historic center, also known as the Old Town, is a delightful maze of narrow streets and whitewashed buildings. Here, you'll find a vibrant atmosphere with an array of shops, restaurants, and bars. The main square, Largo Engenheiro Duarte Pacheco, is a focal point and a popular gathering place, especially during the evenings when live music and entertainment fill the air.

Nightlife: Albufeira is renowned for its lively nightlife scene, particularly in the areas of The Strip and the Old Town. The Strip, located in the Montechoro area, offers a multitude of bars, clubs, and discos that come alive after dark, attracting partygoers seeking a vibrant atmosphere. In contrast, the Old Town offers a more relaxed and traditional setting with cozy bars and live music venues.

Outdoor Activities: Beyond the beaches and nightlife, Albufeira offers a wide range of outdoor activities. The marina serves as a hub for boat tours, fishing trips, and water sports such as jet skiing and parasailing. Golf enthusiasts will appreciate the numerous championship golf courses in the area, including Salgados Golf Course and Pine Cliffs Golf Course. Additionally, there are options for hiking, biking, and exploring the surrounding countryside.

Local Cuisine: Albufeira presents a diverse culinary scene, featuring traditional Portuguese dishes and international cuisines. Experience Vila Joya a true reference in fine dining.
Fresh seafood is a highlight, with numerous seafood restaurants serving up delectable dishes like grilled sardines, clams, and shrimp. The Old Town offers quaint cafés and charming restaurants that provide a taste of local flavors, while beachfront establishments offer stunning views along with their culinary delights.

Culture and History: Albufeira has a rich cultural heritage dating back to Roman times. Historical landmarks such as the Clock Tower, Church of São Sebastião, and the Archaeological Museum of Albufeira offer glimpses into the city's past. Additionally, festivals and events are held throughout the year, including the Albufeira Summer Festival and the Fisherman's Festival, which celebrate the local traditions and cultural heritage.
Features
Location
  • South orientation
Features
  • Terrace
  • Furnished
Indoor facilities
  • Elevator
  • Garage
Outdoor features
  • Car park
  • Garden
  • Swimming pool
Statistics Albufeira
$ 2 496
Price per m²
168
Quality of Life Index
57
Cost of living Index
Parameters
[:second_city:]
Albufeira
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 382
2-Room Apartment
$ 1 308
Apartment Purchase Price per m²
In the City Center
$ 2 496
Outside the City Center
$ 2 366
Crime Index
31
Cost of Living and Rent Index
47
Purchasing Power Index
72
Property Price to Income Ratio
7
Safety Index
69
Traffic CO₂ Index
2660
Traffic Inefficiency Index
23
Rent Index
36
Health Care Index
54
Groceries Index
59
Pollution Index
48
Traffic Commute Time Index
10
Restaurant Price Index
52
Climate Index
98
Cost of Living Index
57
Quality of Life Index
168
Traffic Index
70
Restaurants
Meal, Inexpensive Restaurant
$ 14.27
Meal for 2 People, Mid-range Restaurant, Three-course
$ 59.44
McMeal at McDonalds (or Equivalent Combo Meal)
$ 10.10
Domestic Beer (0.5 liter draught)
$ 4.76
Imported Beer (0.33 liter bottle)
$ 4.76
Coke/Pepsi (0.33 liter bottle)
$ 2.69
Water (0.33 liter bottle)
$ 1.45
Cappuccino (regular)
$ 2.67
Markets
Milk (regular), (1 liter)
$ 1.49
Loaf of Fresh White Bread (500g)
$ 1.92
Eggs (regular) (12)
$ 3.27
Local Cheese (1kg)
$ 16.42
Water (1.5 liter bottle)
$ 0.56
Bottle of Wine (Mid-Range)
$ 5.35
Domestic Beer (0.5 liter bottle)
$ 1.39
Imported Beer (0.33 liter bottle)
$ 1.90
Cigarettes 20 Pack (Marlboro)
$ 6.66
Apples (1kg)
$ 2.69
Chicken Fillets (1kg)
$ 8.43
Oranges (1kg)
$ 2.01
Potato (1kg)
$ 1.86
Lettuce (1 head)
$ 1.68
Rice (white), (1kg)
$ 2.31
Tomato (1kg)
$ 3.37
Banana (1kg)
$ 1.69
Onion (1kg)
$ 3.06
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 23.78
Transportation
One-way Ticket (Local Transport)
$ 3.21
Monthly Pass (Regular Price)
$ 59.32
Gasoline (1 liter)
$ 2.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 714
Taxi Start (Normal Tariff)
$ 3.86
Taxi 1km (Normal Tariff)
$ 1.19
Taxi 1hour Waiting (Normal Tariff)
$ 17.83
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 35 111
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 222
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 47.31
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 26.24
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 641
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 56.17
Tennis Court Rent (1 Hour on Weekend)
$ 11.89
Cinema, International Release, 1 Seat
$ 10.40
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 114
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 72.10
1 Pair of Nike Running Shoes (Mid-Range)
$ 87.17
1 Pair of Men Leather Business Shoes
$ 153
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 505
International Primary School, Yearly for 1 Child
$ 11 888
Contact seller
Contact seller

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