1 bedroom Apartment for sale in Luz, Portugal No. 232159

1 bedroom Apartment in Luz, Portugal No. 232159

1 1

$ 459 859

$ 5 677 per m²

1 Bedrooms

1 Bathrooms

81 Living space, m²

Luz, Portugal

Contact seller

Parameters

Bedrooms

Bathrooms

Living space, m²

232159

Type

Apartment

Land area, m²

Completion date

IV quarter, 2001

Property description

Located on the ground floor of a building with a total of 4 floors, 300 meters from the beach in the sought-after area of Praia da Luz, this ground floor apartment offers a practical layout and excellent outdoor space.

Built in 2001, the property features a total area of 81.6 sq.m. (79.7 sq.m. + 1.9 sq.m.), plus a terrace of approx. 30 sq.m. for exclusive use, with some flower / plant beds, perfect for outdoor living and entertaining.

The apartment comprises of : entrance hall, open plan living and dining area with fitted kitchen, 1 very large bedroom offering space for an office, 1 bathroom, 1 additional room suitable as a second bedroom or multipurpose space.

All rooms have access to the large terrace.
Separate storage room in the communal hallway.

The property did hold a Alojamento Local (AL) license until December 2024 and has a proven rental history, making it a strong option for buyers seeking rental income in a high-demand area.

An excellent opportunity for investment, a holiday retreat, or full-time residence in the Algarve.

Features

Terrace
Furnished

Indoor facilities

Storage room

Statistics Luz

$ 3 343

Price per m²

Quality of Life Index

Cost of living Index

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Difference

Monthly Rent Cost

1-Room Apartment

$ 662

2-Room Apartment

$ 363

Apartment Purchase Price per m²

In the City Center

$ 3 343

Outside the City Center

$ 1 800

Crime Index

Cost of Living and Rent Index

Purchasing Power Index

Property Price to Income Ratio

116

Safety Index

Traffic CO₂ Index

8615

Traffic Inefficiency Index

396

Rent Index

Health Care Index

Groceries Index

Pollution Index

Traffic Commute Time Index

Restaurant Price Index

Climate Index

Cost of Living Index

Quality of Life Index

Traffic Index

349

Restaurants

Meal, Inexpensive Restaurant

$ 3.00

Meal for 2 People, Mid-range Restaurant, Three-course

$ 50.00

McMeal at McDonalds (or Equivalent Combo Meal)

$ 5.00

Domestic Beer (0.5 liter draught)

$ 1.00

Imported Beer (0.33 liter bottle)

$ 2.00

Coke/Pepsi (0.33 liter bottle)

$ 0.49

Water (0.33 liter bottle)

$ 0.29

Cappuccino (regular)

$ 2.30

Markets

Milk (regular), (1 liter)

$ 2.73

Loaf of Fresh White Bread (500g)

$ 1.21

Eggs (regular) (12)

$ 1.69

Local Cheese (1kg)

$ 6.27

Water (1.5 liter bottle)

$ 0.34

Bottle of Wine (Mid-Range)

$ 3.12

Domestic Beer (0.5 liter bottle)

$ 0.66

Imported Beer (0.33 liter bottle)

$ 0.91

Cigarettes 20 Pack (Marlboro)

$ 1.28

Apples (1kg)

$ 2.59

Chicken Fillets (1kg)

$ 4.08

Oranges (1kg)

$ 1.97

Potato (1kg)

$ 1.92

Lettuce (1 head)

$ 1.96

Rice (white), (1kg)

$ 1.45

Tomato (1kg)

$ 1.85

Banana (1kg)

$ 1.83

Onion (1kg)

$ 1.90

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$ 4.28

Transportation

One-way Ticket (Local Transport)

$ 0.72

Monthly Pass (Regular Price)

$ 36.35

Gasoline (1 liter)

$ 0.67

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$ 20 363

Taxi Start (Normal Tariff)

$ 1.22

Taxi 1km (Normal Tariff)

$ 2.20

Taxi 1hour Waiting (Normal Tariff)

$ 4.69

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

$ 20 566

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment

$ 115

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

$ 31.85

Mobile Phone Monthly Plan with Calls and 10GB+ Data

$ 9.31

Salaries And Financing

Average Monthly Net Salary (After Tax)

$ 111

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

18%

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult

$ 31.25

Tennis Court Rent (1 Hour on Weekend)

$ 9.11

Cinema, International Release, 1 Seat

$ 5.82

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar)

$ 19.22

1 Summer Dress in a Chain Store (Zara, H&M, ...)

$ 27.99

1 Pair of Nike Running Shoes (Mid-Range)

$ 64.61

1 Pair of Men Leather Business Shoes

$ 57.07

Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$ 670

International Primary School, Yearly for 1 Child

$ 16 374

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