The 3 most important things you need to consider are: CPU, RAM, DISK (speed, capacity is cheap).
CPU and RAM are adequate, ideally you will want 32GB but for that budget I don't think you'd be able to find anything.
The HDD is not adequate. It has a small internal SSD for cache purposes but 8GB aren't enough. Look for a laptop with a true SSD or replace the HDD if you can.