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Block of 4 Apartments for Sale in Loulé

In Loulé, Loulé

Apartments Loulé ,Property Algarve ,InvestmentProperty

675.000 €
  • 4
  • 4
  • 233.6 m2
Energetic Certification
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Description

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flag Property in Portugal

Apartment for sale in Loulé

This building block with four apartments is for sale in Loulé, located next to the famous market, in a ideal location to enjoy everything this region offers.


The T3+1 apartment is located on the third-floor building that also has two studio apartments and a one-bedroom unit. The first floor holds the studio apartments, the second floor contains the three + one-bedroom apartments, and the third floor has the one-bedroom apartment with a spacious terrace.


All apartments in this 3 floor building are included in the asking price.


The studio apartments are located on the first floor, the three + one bedroom apartment is located on the second floor and the one bedroom apartment with a large terrace is on the third floor.


The 4 bedroom apartment comprises of 3+1 bedrooms and 4 bathrooms and a large terrace. The apartment was recently renovated.


This is a rare and excellent investment opportunity in a very sought after location for long term rentals and is just as popular for holiday rentals. Alternatively the studio apartments could be used as a shop or office.


Located within easy access to a huge variety of restaurants, cafes, bars and all the major supermarkets, schools and medical facilities, you'll never be short of things to do or too far away from anything you would need.


Loulé is the largest municipality in Central Algarve and is the perfect place to enjoy festive summer nights such as the Noite Branca (White Night) and the famous annual Carnival.


Mortgage Simulation: Duration / Period: 30 years / 360 months


Purchase Price: 675,000€
Deposit /Down Payment: 135,000€
Finance: 540,000€
Interest Rate: 0.9%
Monthly Payment: 1,712.16€

Mortgage Simulation: Duration / Period: 40 years / 480 months


Purchase Price: 675,000€
Deposit /Down Payment: 135,000€
Finance: 540,000€
Interest Rate: 0.9%
Monthly Payment: 1,340.04€


Rental Simulation


T0


450€ PER CALENDAR MONTH (plus bills)


T1


600€ PER CALENDAR MONTH (plus bills)


T4


Season and rate per week
Spring (01 April - 31 May) - 1700€
Easter Week (Dates will vary) - 2000€
Early Summer (01 - 30 June) - 2400€
Summer (01 July - 15 September) - 3000€
Late Summer (15 - 30 September) - 2700€
Autumn (01 - 31 October) - 1500€
Winter (01 Nov - 31 March) - 1300€ PLUS BILLS
Annual (Minimum 12 months) - 1400€


 

 
 
 
 
 

Property Details

  • Reference IDH32642
  • Type Apartment
  • Certification D
  • Bedroom(s) 4
  • Bathroom(s) 4
  • House area 233.6 m2
  • Land area 344.6 m2
  • Zone Loulé
  • Region Faro
  • Features:
  • Virtual Viewing Available
  • Air conditioning
  • Open Plan Kitchen
  • Open Plan Living/Dining
  • Double Glazed Windows
  • Fireplace
  • Fitted Wardrobes
  • Central location
  • Walk to Amenities
  • Near Markets
  • Near Medical Facilities
  • Traditional Architecture
  • Near Golf Course
  • Near Beach
  • Near Shopping
  • Near Hospital/Medical
  • Near Schools
  • Roof terrace
  • Terrace
  • Restored & Renovated
  • Traditional Look and Feel