Portimão (Algarve)Faro (Algarve)Portugal8500-014
The Condominium/Co-Op for Sale located at Portimão (Algarve) Faro (Algarve) 8500-014 Portugal with 8 bedrooms, 4 bathrooms is currently for Sale, Portimão (Algarve) Faro (Algarve) 8500-014 Portugal is listed for $697,557. If the property located at Portimão (Algarve) Faro (Algarve) 8500-014 Portugal isn't what you're looking for, search Portugal Real Estate to see other Homes for Sale in Portimão (Algarve) .
MLS#: C0240-02849
$697,557 USD
€649,000 EUR
- Type
- Apartment
- Bedrooms
- 8
- Bathrooms
- 4
- Home/Lot size
- 301m²
Property features
Construction details
- Year built
- 1997
Area
- Property size
- 301m²
- Land/Lot size
- 170m²
- Bedrooms
- 8
- Bathrooms
- 4
Description
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!
Location
