A brand new three bedroom apartment currently for sale in East Algarve, it is situated within Cabanas de Tavira . Comprising a private parking space, balcony and an open-plan living area, this property would be perfect for anyone looking to relocate, holiday or own a rental investment property within this popular part of the Algarve capitalising on Portugal's booming tourism industry.

A brand new three bedroom apartment for sale in Cabanas de Tavira, in a private condominium, there will be a total of sixteen 2 bedroom apartments and eleven 3 bedroom apartments all offering excellent views of the area, the stunning Ria Formosa and the Atlantic Ocean. This apartment is located on the first floor with 166,97m2 and comprises of 3 bedrooms, two en-suite, a guest bathroom, a fully fitted kitchen with top-quality, modern appliances, a large living area where you will be able to access your own private balcony for some al-fresco dining and there is a also a private parking space.

Finished to an excellent standard, these apartments will come equipped with air-conditioning/heating, underfloor heating in the bathrooms, double glazed windows, electric shutters, built-in wardrobes and solar heated hot water. Providing a comfortable and modern base, these apartments are ideal for anyone wanting to explore Tavira and its surrounding areas. A communal swimming pool will also be available for residents and guests of this condominium if you fancy lazying around poolside rather than heading down to the beach, making it perfect for everyone! Not only is it suitable if you are wanting to relocate to the Algarve, but it will make an excellent rental investment especially as Tavira is an up and coming area.

Our rentals department have seen a large increase in holidaymakers looking for property in Cabanas de Tavira so have been able to provide rental projections as seen below. Located ten minutes from the historic city of Tavira, Cabanas is a hidden gem within the Algarve with many sports, activities and beach opportunities available for those willing to explore. 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 influences 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.

Mortgage Simulation -Duration / Period: 30 years / 360 months Purchase Price: 595,000 Deposit /Down Payment: 119,000 Finance: 476,000 Interest Rate: 0.9% Monthly Payment: 1509.24 Mortgage Simulation -Duration / Period: 40 years / 480 months Purchase Price: 595,000 Deposit /Down Payment: 119,000 Finance: 476,000 Interest Rate: 0.9% Monthly Payment: 1181.22 Rental Simulations Season and per week Spring 01/04 - 31/05 - 1050 E. Summer 01 - 30/06 - 1250 Summer 01/07 - 15/09 - 1500 L. Summer 16 - 30/09 - 1250 Autumn 01 - 31/10 - 1050 Winter 01/11 - 31/03 - 850