Portimao Apartments

apartments in Portimao Marina

Becoming more and more disillusioned with the British summers, larger numbers of holidaymakers and golfers are flocking to the Algarve every year.

Apartments as a second home or holiday let are a particularly good investment as often they are part of a community which has its own established management company to organise the letting, linen changes, cleaning, etc, of your apartment while also employing a team of workmen to maintain the communal gardens and swimming pools.

You can therefore own a second home in Portimao while living elsewhere and not having to worry about the day to day running and maintenance of it.

A very rough guide on prices in Portimao is that you can expect to pay anything between €125,000-€220,000 for a one bedroom, one bathroom apartment in a secure complex. Apartments are sold on freehold basis with the owners electing a president at the annual AGM. It is their responsibility to ensure the smooth running of the urbanisation and that the rules are adhered to. It is therefore worth meeting the president of any complex on which you are buying a property before you finally do the deal. You should then check the monthly maintenance charges you will be expected to pay and that there are no “hidden extras” like the whole complex being due for a repaint and a one off charge is due to be made to all the owners.

Also check when buying a resale property that there is no debt attached to it, ie: non payment of council tax, utility bills, etc. You can do this by ensuring that your lawyer has carried out this exercise – do not assume this will be done automatically as some lawyers need to be instructed. If you do purchase an apartment with a debt attached to it you will be liable for payment as the cost is discharged against the owner of the apartment at the current time and not at the time when the bill was incurred.

Having been a bit of a killjoy by outlining some of the pitfalls above, please be assured that the joy of owning your apartment in Portimao is something that many people experience and from which they receive a good income from holiday or long term lets.

Below is a selection of properties currently on offer in Portimao


View Details	21612-600
	Completed in 1995 this four bedroom, four bath/shower villa has spacious accommodation.
21612-600	/Portimao /West Algarve /Algarve /Portugal /Europe /

View Details	Portugal-Algarve-Praia da Rocha100m Praia
	Near the beach
Portugal-Algarve-Praia da Rocha100m Praia	/Praia da Rocha /Portimao /West Algarve /Algarve /Portugal /Europe /

View Details	21614-679
	A brand new two bedroom townhouse in the new luxury resort of Vale da Ribeira in Arão, only 10 minutes drive from Lagos and Alvor/Portimão.
21614-679	/Portimao /West Algarve /Algarve /Portugal /Europe /

View Details	A Varandas Da Rocha
	This modern air-conditioned luxury one bedroom beach front apartment sleeps four, with private balconies directly overlooking the famous Praia Da Rocha beach.
A Varandas Da Rocha	/Praia da Rocha /Portimao /West Algarve /Algarve /Portugal /Europe /

View Details	Casa Jardim, near Portimao / Lagos
	A brand new village house, set in an exclusive hillside development with a central pool and gardens. Superb views and a lovely quiet relaxed location.
Casa Jardim, near Portimao / Lagos	/Portimao /West Algarve /Algarve /Portugal /Europe /

View Details	Casa Mimosa, near Portimao / Lagos
	A brand new village house, set in an exclusive hillside development with a central pool and gardens. Superb views and a lovely quiet relaxed location.
Casa Mimosa, near Portimao / Lagos	/Portimao /West Algarve /Algarve /Portugal /Europe /

View Details	Casa Beta, 3 bed. village house, Portimao / Lagos
	Luxurious 3 bedroom village house with communal pool, in a prestigious urbanisation built in 2007. Superb views, near fantastic beaches golf courses restaurants
Casa Beta, 3 bed. village house, Portimao / Lagos	/Mexilhoeira Grande /Portimao /West Algarve /Algarve /Portugal /Europe /