Villa For Sale In Portimão Faro Portugal
Description
8-Bedroom House Converted into Multifamily Building for Sale in the Heart of Alvor — Just Steps from the Ria, the Beach, and All Local Amenities
General Features: Composed of 4 independent apartments with shared access to a backyard Each apartment is a T2 with fully equipped kitchen, living room, bathroom, and two bedrooms Possibility to add an extra floor Gross Private Area: 301.2 m² Plot Area: 170 m²Current Layout and Potential: Building with 12 rooms and 2 autonomous units Potential for conversion into:
• 2 T2s and 3 T1s
• Rooftop T1 with terrace, barbecue area, and village views Ideal for a modern and well-located short-term rental (AL) projectPrime Location: Situated on one of Alvor’s most emblematic and touristic streets Close to restaurants, bars, shops, transport, and the ria Only a few minutes’ walk from the beachExcellent Investment Opportunity: Estimated rental yield of 7% per year High appreciation potential after renovation Perfect for holiday rentals, short-term lets, or permanent residenceDon't miss this exclusive opportunity in the heart of Alvor.
Contact us today for more information and to schedule your visit!
Map
Postal / Zip Code:
Latitude / Longitude: 37.13617 / -8.537692600000014
Map locations are approximate and show the general area of the property.
-
Company: Mimosaproperties
- View All Properties »
- Speaks: English, Portuguese, German, French, Dutch
- Click to view phone number
Verified Advertiser
- Please mention that you saw this property on MoveAgain.co.uk