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Global Properties

1 bedroom Apartment in Portimao, Portugal No. 315980

$ 527 445
$ 8 791 per m²
1 Bedrooms
1 Bathrooms
60 Living space, m²
Portimao, Portugal
Parameters
Bedrooms
1
Bathrooms
1
Living space, m²
60
ID
315980
Type
Apartment
Completion date
IV quarter, 2006
Property description
Set in one of the Algarve’s most popular coastal destinations, this development combines lifestyle, location, and investment potential in a prime beachfront setting. It offers a rare opportunity to acquire fully renovated apartments with excellent rental potential and year-round appeal.

Located in Praia da Rocha, Portimão, overlooking the local marina, the development includes eight 1-bedroom apartments, each with 81 sqm of build area, including balconies, and two spacious 2-bedroom units measuring 111 sq m and 138 sq m, respectively.

Designed for comfort and convenience, the complex includes an outdoor swimming pool surrounded by landscaped gardens, a heated indoor pool, a full-service spa, a gym, and 24-hour reception.

All apartments feature generous outdoor space, private parking, and storage rooms and are sold fully furnished with modern finishes, new appliances, air conditioning, and double glazing.

Ideal as a full-time residence, a lock-up-and-leave holiday home, or an income-generating rental property.
A rental return guarantee is also available for investors seeking steady yields.

* The feature(s)/equipment(s) mentioned in this description are subject to verification and agreement between the vendors and buyers.

Fine & Country Algarve is part of the international network of F&C offices in over 300 locations worldwide, we have four offices in the Algarve covering the whole region from east to west. We also work closely with the Fine & Country offices elsewhere in Portugal and internationally. In the Algarve, Fine & Country has a vast portfolio of properties for sale and a dedicated team of professionals with in-depth market knowledge.

EPC: C
REF: FC980VCCMS
Features
Features
  • Furnished
Indoor facilities
  • Storage room
Outdoor features
  • Car park
  • Garden
  • Swimming pool
Statistics Portimao
$ 4 225
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Portimao
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 014
2-Room Apartment
$ 739
Apartment Purchase Price per m²
In the City Center
$ 4 225
Outside the City Center
$ 3 394
Crime Index
21
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
18
Safety Index
79
Traffic CO₂ Index
0
Traffic Inefficiency Index
0
Rent Index
22
Health Care Index
81
Groceries Index
45
Pollution Index
20
Traffic Commute Time Index
29
Restaurant Price Index
54
Climate Index
98
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
38
Restaurants
Meal, Inexpensive Restaurant
$ 14.13
Meal for 2 People, Mid-range Restaurant, Three-course
$ 70.64
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.16
Domestic Beer (0.5 liter draught)
$ 2.65
Imported Beer (0.33 liter bottle)
$ 4.42
Coke/Pepsi (0.33 liter bottle)
$ 2.28
Water (0.33 liter bottle)
$ 1.71
Cappuccino (regular)
$ 2.05
Markets
Milk (regular), (1 liter)
$ 1.16
Loaf of Fresh White Bread (500g)
$ 1.76
Eggs (regular) (12)
$ 3.24
Local Cheese (1kg)
$ 12.24
Water (1.5 liter bottle)
$ 0.79
Bottle of Wine (Mid-Range)
$ 5.89
Domestic Beer (0.5 liter bottle)
$ 1.12
Imported Beer (0.33 liter bottle)
$ 2.55
Cigarettes 20 Pack (Marlboro)
$ 6.30
Apples (1kg)
$ 2.41
Chicken Fillets (1kg)
$ 7.77
Oranges (1kg)
$ 1.47
Potato (1kg)
$ 2.21
Lettuce (1 head)
$ 1.67
Rice (white), (1kg)
$ 1.78
Tomato (1kg)
$ 2.38
Banana (1kg)
$ 1.49
Onion (1kg)
$ 2.35
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.53
Transportation
One-way Ticket (Local Transport)
$ 1.97
Monthly Pass (Regular Price)
$ 28.61
Gasoline (1 liter)
$ 1.98
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 371
Taxi Start (Normal Tariff)
$ 3.53
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 40 112
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 115
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 52.04
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 35.55
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 037
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 50.04
Tennis Court Rent (1 Hour on Weekend)
$ 22.76
Cinema, International Release, 1 Seat
$ 8.24
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 54.39
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 24.25
1 Pair of Nike Running Shoes (Mid-Range)
$ 47.98
1 Pair of Men Leather Business Shoes
$ 70.64
Childcare
International Primary School, Yearly for 1 Child
$ 4 709
Contact seller
Contact seller

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