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Brand New 2 Bedroom Penthouse For Sale in Cabanas de Tavira

In Cabanas de Tavira, Tavira

apartments for sale tavira,portugal property,penthouses algarve,reak estate

660.000 €
  • 2
  • 2
  • 101.42 m2
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Apartment for sale in Cabanas de Tavira

A brand new two bedroom penthouse for sale in Cabanas de Tavira. Situated within the new Ocean View development, there will be a total of twenty three spread across two blocks, all of which are currently under construction and will have top quality fixtures and fittings throughout.

With a mild climate all year round and easy access to magnificent, white sand beaches, this new condominium is located on the promenade of the Portuguese village, Cabanas de Tavira.

Offering excellent sun exposure to the south as well as a wide range of ocean and Ria Formosa views, these apartments are a great investment if you are wanting a new holiday home in the sun while generating an additional income.

All apartments will comprise one, two or three bedrooms; all equipped with generous verandas and terraces that have great views.

They will have high energy efficiency along with excellent acoustic quality both inside apartments and outside.

An open plan living room will have a spacious dining area and a contemporary, fully equipped kitchen with high quality appliances providing a great area if you love to cook and entertain friends and family. From the living room there are double doors that lead out onto a generously sized balcony.

Additional features include air-conditioning in all rooms, electric shutters with central control, false ceilings with built-in lighting that are LED lamps, video entry system, a heating system for sanitary waters via solar panels, electric towel rails and underfloor heating in bathrooms along with private parking spaces in the basement which is accessed via an electrically controlled gate.

Most apartments come with two parking spaces although some have one. On top of these, penthouse apartments will have a solarium with a spa and an outdoor BBQ.

This particular apartment is a penthouse and comprises two bedrooms, two bathrooms - one of which is an en-suite, has a build size of 101,42m2, 47,96m2 of veranda space, 66,13m2 of terrace space and a 18,10m2 parking space. This penthouse has a private roof terrace where you will find ample sunbathing space.

Ocean View condominium is private and gated providing residents with a communal swimming pool and landscaped gardens. Whether you are looking to relocate to the Algarve or purchase a holiday home, this development will offer a space of comfort with attention to details that makes it ideal for any type of investment.

Located forty kilometres from Faro airport, you will have easy access to local areas, several golf courses, magnificent gastronomic and leisure spaces along with high quality resorts.

Tavira is one of the oldest Moorish towns in Eastern Algarve, concealing a charismatic heritage until this day, becoming one of the finest resort towns in the area. The town extends along the river banks of Gilão, where Moorish influence beautifully compliments the deep-rooted Portuguese traditional culture.

Explore the magnificent buildings and historic churches along the river through the cobbled streets, take a taxi-boat and dive into the Caribbean-Like Islands of Cabanas and Barril located just off the main town.

Rental Simulation P/Week:
Spring (01 April - 31 May) - €840
Early Summer (01 - 30 June) - €1,120
Summer (01 July - 15 September) - €1,820
Late Summer (16 - 30 September) - €1,120
Autumn (01 - 31 October) - €840
Winter (01 Nov - 31 March) - €700


Mortgage simulation:

Purchase Price - 660 000€                                Purchase Price - 660 000€
Deposit / Down Payment - 132 000€ (20%)       Deposit / Down Payment - 132 000€ (20%)
Finance Amount - 528 000€                             Finance Amount - 528 000€
Interest Rate - 0.873%                                    Interest Rate - 0.873%
Term / Period - 30 years / 360 months              Term / Period - 40 years / 480 months
Monthly Payments - 1667.63€                          Monthly Payments - 1303.61€




Property Details

  • Reference IDH32005
  • Type Apartment
  • Built year 2020
  • Certification A+
  • Bedroom(s) 2
  • Bathroom(s) 2
  • House area 101.42 m2
  • Land area 149.38 m2
  • Zone Cabanas de Tavira
  • Region Faro
  • Features:
  • Air conditioning
  • Heating
  • Under floor heating
  • Open Plan
  • Open Plan Kitchen
  • Open Plan Living/Dining
  • Integrated Appliances
  • Premium Appliances
  • Central Vacuum
  • Double Glazed Windows
  • Fitted Kitchen
  • Fully Fitted Kitchen
  • Premium Fixtures
  • Wood Flooring
  • Solar Heating
  • Electric Shutters
  • Highest quality and specifications
  • Premium Finishings
  • Garage
  • Communal Pool
  • Solar Panels
  • Ocean View
  • Village View
  • Surrounding View
  • Gated Entrance
  • Communal Gardens
  • Covered Terraces
  • Uninterrupted Views
  • Private condominium
  • Security alarm
  • Lift
  • Central location
  • Popular Resort
  • Closed Condominium
  • Panoramic Sea Views
  • Walk to Amenities
  • Near Markets
  • Ultra Modern Architecture
  • Near Beach
  • Near Shopping
  • Terrace
  • 2 Car Garage
  • Uninterrupted views
  • Multiple Seating Areas
  • Immaculately presented
  • Perfect Hideaway