Olhão (Algarve), Faro (Algarve), Portugal

We present a charming villa located in Moncarapacho, less than 2 km from the center, offering the perfect combination of tranquility and proximity to all amenities.Praia da Fuseta is approximately 6.5 km away, providing easy access to the Algarve's stunning beaches. Access to the A22 is just 4 km away, making travel easier, and Faro Airport is around 20 minutes by car.On the ground floor, on the side of the house, is the main apartment, type T2, with approximately 115m2, independent and private entrance, consisting of two bedrooms, living and dining room, fully equipped kitchen, a bathroom and private outdoor patio , ideal for use by owners/housekeepers for their privacy.The commercial part of the property has 6 apartments with independent entrances and are distributed over 2 floors.The 3 apartments on the first floor have beautiful views of the sea and countryside, whilst the 3 apartments on the ground floor enjoy individual patios with pool views.The swimming pool and all common leisure areas are easily accessible from all apartments.Divisions and Use:Six independent apartments, currently operating with a Local Accommodation license, a profitable and well-established businessEach apartment has its own full kitchen and bathroom. Four apartments have a separate bedroom, the 2 others have a studio-layout.Area dedicated to caravanning, equipped with all the necessary infrastructure.It can be easily converted into a single-family home, if prepared for it.Construction year: 1985, 2001, 2003Comfort and Leisure:Swimming pool and leisure areas common to all apartments, creating a relaxing and cozy environment.Air conditioning in all apartments, ensuring thermal comfort all year round.Fully equipped and furnished apartments with additional sofa beds for accommodation of extra guests.Fiber Gigabit internet on site, with access point throughout the domainSustainability and Efficiency:78 photovoltaic panels for electricity production.Solar water heating system with a capacity of 750 liters.A+ energy efficiency rating.Water Resources and Infrastructure:Own water hole.Septic tank.Semi-automatic irrigation system.Additional Amenities:Independent garage and parking: 6.Laundry and storage areas.Expansion Area and Potential:Lot with 12,000 m² of urban area.Possibility of expanding the tourism project.This property is an exceptional opportunity for anyone looking for a secure and profitable investment in the tourism sector, or for those wishing to transform this space into a comfortable and spacious family home. The privileged location in Moncarapacho offers a peaceful and picturesque environment, ideal for enjoying the best that the Algarve has to offer. With the possibility of expanding the tourist project, this property has significant growth potential.For more information and to schedule visits, contact us. This is the perfect opportunity to acquire a versatile, sustainable property ready to accommodate your dreams.