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€649,000 EUR
Portimão (Algarve), Faro (Algarve) 8500-014
Portugal
Portugal
3,240 sqft ::
301 m2
8 bedrooms
4 baths
12 rooms
Residential For Sale, Condominium
Land size: 1,830 sqft ::
170 m2
Sale price per sqm: 2,308.82
Remarks:
Excellent investment opportunity! This villa, located in the center of the charming village of Alvor, is an ideal option for those looking for a development with potential for profitability. Comprising a ground floor and a second floor, the property is divided into 4 two-bedroom apartments, each with an independent entrance.In addition, there is the possibility of building another floor with a terrace, providing stunning sea views and sunny days. This is an excellent investment to monetize, and you can rent out 4 apartments immediately, or up to 6 in the event of an extension.Located in the heart of Alvor, the villa is close to a variety of services, restaurants, the waterfront, bars, walkways along the beach and the Ria de Alvor. In addition, the proximity to supermarkets, a hospital, golf courses and green spaces makes this property even more attractive.Potential investors have the opportunity to capitalize not only on Alvor's growing tourist demand, but also on the variety of activities and attractions available in the area, including the fabulous Praia dos Três Irmãos, famous for its expanse of sand and clear waters.Don't miss out on this unique investment opportunity in one of the Algarve's most sought-after locations!
Features:
- Year Built: 1997
Location:
Portimão (Algarve), Faro (Algarve) 8500-014, Portugal
Listed By CENTURY 21 Realty Art II
The Residential For Sale, Condominium located in Portimão (Algarve), Faro (Algarve) 8500-014, Portugal is currently for sale. This property is listed for €649,000 EUR. This property has 8 bedrooms, 4 bathrooms and 301 m2. If this property isn't what you're looking for, search Faro (Algarve) Real Estate to see other Homes For Sale in Portimão (Algarve).