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Fantastic 2 Bedroom Apartment in Popular Location

In Parchal, Lagoa

buy homes in portugal,holiday homes portugal,rental investment,real estate algarve,portugal property

  • 2
  • 2
  • 103.5 m2
265.000 €

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Fantastic 2 Bedroom Apartment in Popular Location

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Fantastic 2 Bedroom Apartment in Popular Location

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Fantastic 2 Bedroom Apartment in Popular Location

Description

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Apartment for sale in Parchal

A uniquely located hotel located in Lagoa, next to and overlooking the River Arade, which is only a few minutes drive away from the popular city of Portimão along with its multiple beaches. Creating a fantastic real estate investment, whether used for permanent purposes, as a holiday home or to generate an additional income, this property suits all. 


Comprised of 1 and 2 bedroom apartments, all equipped with satellite TV, unlimited WI-FI, air-conditioning, water heated by solar panels, panoramic river views, an open plan living/dining room, bedrooms equipped with built-in wardrobes and a fully fitted kitchenette. Within the kitchenette you can find an oven, ceramic hob, dishwasher, refrigerator and counter space. Additionally, each apartment has its own private parking space which can be found in the underground parking. 


This particular property is a ground floor 2 bedroom, 2 bathroom apartment with the master bedroom having its own en-suite and both rooms have built-in wardrobes. A veranda is accessed by both bedrooms and lounge/dining area providing sensational river views, additionally the apartment has a house area of 103,5m2 and a total area of 126,5m2.


The Riverside Hotel includes a reception area, restaurant, bar, outdoor swimming pool, children's park, a private boat harbour, spa with indoor pool, gym, sauna, Turkish bath, Jacuzzi and 6 massage rooms, all of which are accessible to residents and guests.


Whether you’re looking for the perfect holiday home or a way to generate an additional income, this is it. Situated in a renowned tourist area, with amenities, beaches, restaurants, bars etc all nearby it creates a prime investment for any purpose.  


Portimão is the largest city in the Western Algarve, it was traditionally a centre for sardine fishing and processing. However, today most of that industry has been replaced by tourism, leisure, and retail, leaving Portimão as a large and residential city. Most tourists visit Portimão either for the extensive shopping or excellent public transport but there is a surprising amount to be seen within the city. The city’s old and once bustling fishing docks have been remarkably transformed into a scenic promenade, leading to the quaint and tree-lined plazas of the old town. Further inland are pleasant pedestrian shopping streets, a series of historic buildings, and a tantalising selection of cafes, bars, and restaurants.


 

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Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 80% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live

 

More Info... 

Stay up to date on great properties with our Newsletter and follow us on Facebook - If you are looking for Property for Sale in Portugal and the Algarve Ideal Homes Portugal are the company for you.
 
 

Property Details

  • Reference IDH31061
  • Type Apartment
  • Bedroom(s) 2
  • Bathroom(s) 2
  • House area 103.5 m2
  • Land area 126.5 m2
  • Zone Parchal
  • Region Faro
  • Features:
  • Air conditioning
  • Heating
  • Open Plan Kitchen
  • Open Plan Living/Dining
  • Premium Appliances
  • Double Glazed Windows
  • Fully Fitted Kitchen
  • Premium Fixtures
  • Underground Parking
  • Fitted Wardrobes
  • Satellite TV
  • Solar Hot Water
  • Communal Pool
  • Solar Panels
  • Jacuzzi
  • Sauna
  • Gym
  • Surrounding View
  • Covered Terraces
  • Children's Pool
  • Exterior Lighting
  • Central location
  • Popular Resort
  • Near Markets
  • Near Medical Facilities
  • Contemporary Architecture
  • Secured Building
  • Near Golf Course
  • Near Beach
  • Near Shopping
  • Near Hospital/Medical
  • Near Schools
  • Terrace
  • Parking Space
  • Private Parking