Located in a very quiet area of Albufeira hills, this new Development has excellent views of the ocean and the marina. Just a 5-10 minute drive from the wonderful beaches of Albufeira, S. Rafael, Coelha, Castelo, Evaristo, Gale, the Salgados golf course, and the beautiful Lagoon Natural Reserve. Downtown Albufeira is also just minutes away as well as the famous old town entertainment area.
The luxury building includes only 16 Studios and One Bedroom Apartments of contemporary architecture and excellent quality of construction. The one Bed apartments consist of one living room and one kitchen in open space, one bedroom, one full bathroom, and a south-facing terrace with magnificent views over the ocean and marina. It also includes a shared swimming pool and a parking space in the basement.
This property constitutes an excellent investment opportunity, considering the current high yields of short-term rentals in one of the most visited beach cities of Europe. It will be also ideal for permanent residence or a second home.