Ocean View 2 Bed Penthouse, Beachside

Well decorated and maintained, this roomy penthouse is a very successful Airbnb, and is rented out for 120 Euros a night to groups of four. With two large bedrooms and an ample lounge, plus space for a mezzanine if required, it can comfortably accommodate six people, so is great for families, for group vacations but also roomy enough for year-round living. A new owner could continue to rent it out, with the appropriate licence, and no restrictions. With low condo fees and IUP, this is an excellent alternative to the more costly resorts, where private rentals are often restricted and being legally disputed.

Beachside is a well-constructed,  secure and exclusive building, with just 10 privately-owned apartments, used mainly as holiday rentals and second homes. Beachside is a peaceful retreat from the hustle and bustle of larger apartment buildings and the town of Santa Maria. All the restaurants, bars, shops and nightlife are a short beach-side walk away, and yet you can retreat for a good and secure night’s sleep. This is also enhanced by the fact there are no neighbours above.

 Casa Verde Homes is delighted to have both penthouses on this top floor for sale, which could allow for an extraordinarily large, deluxe apartment of 4-5 bedrooms. A keen investor may also choose to buy one to live, and one to rent out.

• Secure entry and street parking
• Steps from the sand
• Large entrance hall 
• Two large double bedrooms, one ensuite with its own east-facing balcony for morning sun 
• Fully tiled family bathroom
• Large lounge area leading to a gorgeous furnished balcony
• Vaulted exposed beam ceilings
• Shutters and window grilles
• Fully fitted kitchen 
• Open wooden stairs to a versatile mezzanine, complete with built-in storage

There is construction taking place between Millionaire’s Row and the sea at present, scheduled for completion in 2026. There will be a mixture of restaurants, a surf school and apartments, no higher than 2 storeys. This will, on completion, likely enhance the value of this Beachside penthouse, giving more local dining options. The view of the ocean will remain. As a comparison, the new build apartments that face the ocean along this row are priced at 550,000 Euros.