2 bedroom apartment with 62 m², located on the 3rd floor of a 4-storey building without elevator, ideal for investors looking to purchase a property below market value, with associated income.
Important:
The property is sold with an old lease in force (since the 1970s), with a monthly rent of €200, representing an opportunity for long-term investment.
Property characteristics:
Typology T2
Living room
2 bedrooms
1 bathroom with bathtub
Kitchen
Pantry, offering extra storage space
Good distribution of areas
Location and surroundings:
Located in a consolidated urban area of Portimão, with excellent access to local shops, supermarkets, cafes, restaurants and essential services.
Just a few minutes away are schools, pharmacies and public transport, ensuring everyday convenience. Good access to the city's main roads and proximity to central areas make this property a solid option in terms of location.
A short distance from the riverside areas and beaches of Portimão, it also adds value to the investment, in one of the most sought after cities in the Algarve.
Ideal for investors looking for an asset with potential for future appreciation, purchasing at a competitive price compared to the current market.