2 bed apartment for sale

Albufeira, Albufeira E Olhos De Água, Albufeira Algarve

Located in a quiet yet central part of Albufeira, just five minutes’ walk from Peneco Beach and the charming Old Town, this bright fourth-floor apartment offers exceptional views and superb rental potential.

Fully licensed for short-term rentals (al), this is a fantastic opportunity for investors or those seeking a second home with income potential in the heart of the Algarve.

Apartment Highlights:

- Spectacular sea views and panoramic outlook over Albufeira Old Town
- Large, light-filled lounge with direct access to a spacious south-facing terrace – perfect for sunsets
- Second wraparound terrace with ocean, beach, and town views
- Fully equipped separate kitchen with potential for modernisation
- Master bedroom with sea views and en-suite bathroom featuring a corner tub
- Second bedroom with terrace access and adjacent family shower room
- Laundry area for added convenience
- Private storage room in the building’s basement
- Excellent condition with potential for cosmetic upgrades

Location Benefits:

- Less than 5 minutes to Peneco Beach
- Walking distance to Albufeira Old Town’s restaurants, shops, and attractions
- Easy access to local transport, golf courses, and leisure activities
- Positioned in a sought-after area popular with holidaymakers and year-round residents
- al Licence (Alojamento Local) already in place – ready to generate rental income from day one

This apartment is a rare find in such a desirable part of Albufeira. With unbeatable views, generous outdoor space, and excellent rental credentials, it’s a smart choice whether you're investing, relocating, or simply looking for a sunny base in the Algarve.
Ref: CNA4199