200 000 €

Apartment T3 in Portimão, Portimão

Portimão, Faro
80 m²
3 Bedrooms
2 WC
Energy efficiency
Energy efficiency

Apartment T3 for sale

3-bedroom apartment located in the 3 Bicos area of Portimão, situated on the 1st floor of a family building comprising just 6 apartments. The property consists of three bedrooms, two bathrooms, a kitchen and a pantry. It remains in its original condition, allowing for future modernisation and adaptation to the needs and preferences of the new owner. The apartment features a balcony connecting two of the bedrooms, providing natural light and a pleasant outdoor space, as well as a balcony off the kitchen. The building also benefits from a communal rooftop terrace, providing additional outdoor space for residents to enjoy. The property is currently rented under a lifetime tenancy agreement, with a monthly rent of €224. There is potential for a rent increase, subject to the applicable legal framework and fulfilment of the relevant requirements. Another relevant factor from an investment perspective is that one of the other units in the building is currently undergoing a complete renovation. This work contributes to the overall modernisation and enhancement of the building and may have a positive impact on the property's future value and potential resale strategy. An investment opportunity in an area close to shops, services and main access routes, allowing for current rental income combined with potential capital appreciation and future rental income growth. For further information and details, please get in touch. ;ID RE/MAX: 127041051-80

Details

Construction Year1988
Gross Area m²- -
ElevatorNo
Private Gross Area m²80
Living Area m²69
GarageNo
Total Lot Size m²- -
Price m²2 500 €
Floor1st floor

Location

listing-map-picture

Rooms

Kitchen- -
Bedroom- -
Bedroom- -
Bedroom- -

Contact form

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Mortgage Simulator

office-vanguard
RE/MAX Vanguard
Portimão, Faro
AMI 24348
JS
Joana Sena

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Origin Listing reference:id. 127041051-80
Publishing date:
Last Update: