Albufeira (Algarve), Faro (Algarve) 8200-167, Portugal

MLS#: C0205-06152

$2,620,936 USD

€2,495,000 EUR

Type
Apartment
Bedrooms
16
Bathrooms
18
Home/Lot size
820m²
The details

Property features

Date Updated: Dec 3, 2024

Construction details

Year built
1987

Area

Property size
820m²
Land/Lot size
300m²
Bedrooms
16
Bathrooms
18
Total rooms
34

Description

A building with 9 units in downtown Albufeira presents a compelling investment opportunity. With a total usable area of 820m2, the building features 3 studios (T0), 3 one-bedroom apartments (T1), 2 two-bedroom apartments (T2), and 1 six-bedroom apartment (T6), offering diverse rental options. Equipped with solar panels and furnished, this building is suitable for short-term (holiday rentals) or long-term rentals. Its strategic location, just a 3-minute walk from Praia do Túnel and 2 minutes from downtown Albufeira, makes it ideal for attracting tourists and residents alike.This is an attractive investment opportunity for those seeking opportunities in the tourist or residential rental market. Don't miss out on investing in a building with a premium location near Albufeira Marina. Schedule a visit to explore the potential of this investment!

Location

Albufeira (Algarve), Faro (Algarve) 8200-167, Portugal
map image
Courtesy of CENTURY 21 Realty Art