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2 Bedroom Apartment For Sale in Silves

In Silves, Silves

algarve property,apartment for sale Armação de Pêra

249.000 €
  • 2
  • 2
  • 107.54 m2
Energetic Certification
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Description

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flag Property in Portugal

Apartment for sale in Silves

This two-bedroom apartment is for sale in Armação de Pêra, Silves. The property is located in a fantastic location within a two-minute walk to Praia de Armação de Pêra. The apartment comprises a large entrance hallway, an open-plan dining room leading into a fully equipped kitchen with a range of storage cupboards and a covered balcony with distant sea views.


There are also two spacious bedrooms with built-in wardrobes, one of the bedrooms benefits from an en-suite bathroom. Completing the property is a further bathroom serving the second bedroom.


The building is complete with a lift taking you to the apartment situated on the 6th floor.


This property would make a great investment to create income as a holiday rental.


Armação de Pêra is a popular fishing village with cobbled streets, a range of beaches, restaurants, bars and shops. Located close by is Silves one of the oldest towns in central Algarve, with its rich history, built on the banks of the River Arade. The river represented an important historic time as it was the main link between the hinterland and the coast.


Mortgage Simulation: Duration / Period: 35 years / 420 months
Purchase Price: 249,000€
20% Deposit / Down Payment: 49,800€
Finance: 199,200€
Interest Rate*: 1.7%
Monthly Payment: 629.62€


* Interest rates entered are based on the average percentage at the time of uploading. Please check with our Mortgage Advisors about the best rates you can obtain.


Rental Simulation
Season and Rate per week
Spring (01 April - 31 May) - 1150€
Easter Week (Dates will vary) - 1250€
Early Summer (01 - 30 June) - 1200€
Summer (01 July - 15 September) - 1400€
Late Summer (15 - 30 September) - 1200€
Autumn (01 - 31 October) - 1150€
Winter (01 Nov - 31 March) - 900€

 
 
 
 
 

Property Details

  • Reference IDH32900
  • Type Apartment
  • Certification C
  • Bedroom(s) 2
  • Bathroom(s) 2
  • House area 107.54 m2
  • Land area 114.6 m2
  • Zone Silves
  • Region Faro
  • Features:
  • Air conditioning
  • Open Plan Living/Dining
  • Walking distance to beach
  • Fitted Wardrobes
  • Lift
  • Central location
  • Walk to Amenities
  • Near Markets
  • Near Shopping
  • Near Hospital/Medical