1 bedroom Apartment for sale in Quarteira, Portugal No. 337044

1 bedroom Apartment in Quarteira, Portugal No. 337044

$ 328 188

$ 5 128 per m²

1 Bedrooms

1 Bathrooms

64 Living space, m²

Quarteira, Portugal

Contact seller

Parameters

Bedrooms

Bathrooms

Living space, m²

337044

Type

Apartment

Completion date

IV quarter, 1991

Property description

1 bedroom apartment for sale in Vilamoura Marina, one of the most exclusive locations in the Algarve. Inserted in a quieter area of the marina, this property represents a unique opportunity for those looking to invest in one of the most valued areas of the region, whether for own housing, holiday home or tourist profitability. A few meters from the beach and the boats of the marina, the apartment offers enormous potential after modernization.

Main features
• 1 bedroom apartment in Vilamoura Marina

• Located in a quiet and privileged area of the marina
• Only 500 meters from the beach and marina boats
• Original condition, with the possibility of renovation and enhancement

Investment Opportunity
• Excellent option to remodel to your liking
• Strong potential for profitability in the tourist rental market
• Premium location that guarantees medium and long-term appreciation

Location
• Quiet area, but close to all the entertainment of Vilamoura Marina
• A few minutes walk from restaurants, bars, shops and services
• Ease of access to the most popular beaches in the Algarve
• Within walking distance of internationally renowned golf courses

VAP163212
REF: VAP163212

Features

Rental license

Statistics Quarteira

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Price per m²

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Quarteira

Difference

Monthly Rent Cost

1-Room Apartment

$ 883

2-Room Apartment

$ 836

Apartment Purchase Price per m²

In the City Center

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Outside the City Center

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Cost of Living and Rent Index

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Restaurants

Meal, Inexpensive Restaurant

$ 14.72

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

$ 55.92

McMeal at McDonalds (or Equivalent Combo Meal)

$ 11.77

Domestic Beer (0.5 liter draught)

$ 2.94

Imported Beer (0.33 liter bottle)

$ 2.35

Coke/Pepsi (0.33 liter bottle)

$ 1.63

Water (0.33 liter bottle)

$ 1.25

Cappuccino (regular)

$ 2.00

Markets

Milk (regular), (1 liter)

$ 1.09

Loaf of Fresh White Bread (500g)

$ 1.25

Eggs (regular) (12)

$ 3.39

Local Cheese (1kg)

$ 9.42

Water (1.5 liter bottle)

$ 0.69

Bottle of Wine (Mid-Range)

$ 4.12

Domestic Beer (0.5 liter bottle)

$ 0.98

Imported Beer (0.33 liter bottle)

$ 2.59

Cigarettes 20 Pack (Marlboro)

$ 6.71

Apples (1kg)

$ 2.68

Chicken Fillets (1kg)

$ 6.38

Oranges (1kg)

$ 1.62

Potato (1kg)

$ 2.12

Lettuce (1 head)

$ 1.46

Rice (white), (1kg)

$ 1.66

Tomato (1kg)

$ 2.70

Banana (1kg)

$ 1.45

Onion (1kg)

$ 2.21

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

$ 11.43

Transportation

One-way Ticket (Local Transport)

$ 5.59

Gasoline (1 liter)

$ 2.01

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

$ 35 371

Taxi Start (Normal Tariff)

$ 3.89

Taxi 1km (Normal Tariff)

$ 0.82

Taxi 1hour Waiting (Normal Tariff)

$ 17.66

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

$ 40 112

Utilities (Monthly)

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

$ 142

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

$ 40.74

Mobile Phone Monthly Plan with Calls and 10GB+ Data

$ 20.46

Salaries And Financing

Average Monthly Net Salary (After Tax)

$ 1 417

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

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult

$ 94.19

Cinema, International Release, 1 Seat

$ 9.12

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar)

$ 74.56

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

$ 46.51

1 Pair of Nike Running Shoes (Mid-Range)

$ 110

1 Pair of Men Leather Business Shoes

$ 109

Childcare

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

$ 482

International Primary School, Yearly for 1 Child

$ 11 758

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