849 000 €

Building in Alvor, PortimãoPortimão, Faro

301 m²
Energy efficiency

Building for sale

Building for Investment in the Center of Alvor | High Profitability Potential | €650,000 Rare investment opportunity in the center of Alvor, one of the most sought-after areas of the Algarve, known for its authenticity, proximity to the beach, and high tourist demand throughout the year. This building is located in a premium location, in the heart of the village, surrounded by restaurants, shops, and just minutes from the estuary and Alvor beach. The property includes: 2 Two-Bedroom Apartments. +3 additional independent units (storage) already existing in the building Independent entrances Individual water and electricity infrastructure Excellent potential for tourism, residential use or income generation With great flexibility of use, this property represents a unique opportunity for investors who wish to: Create an income-generating project Operate tourist accommodation Develop an apartment or boutique accommodation concept Reorganize existing spaces according to investment needs 📍 Strategic location in the Algarve 📈 Strong potential for appreciation 💰 Excellent opportunity for investors Investments of this type in the center of Alvor are increasingly rare. For more information or to schedule a visit, please contact us. Prime Investment Building in the Center of Alvor – High Yield Opportunity – €650,000 Unique investment opportunity in the heart of Alvor, one of the Algarve's most attractive coastal destinations with strong tourism demand and limited property availability in the historic center. This building is located in a prime central area, within walking distance of restaurants, marina, shops, and the famous Alvor beach. The property currently includes: 2 fully 2-bedroom apartments Several additional independent units already created within the building Independent entrances Separate water and electricity infrastructures Strong potential for short-term rentals or hospitality concepts This asset offers multiple investment strategies: Rental income project Boutique accommodation concept Vacation rental units Value-add repositioning opportunity Key Highlights: Prime location in the Algarve High tourism demand area Rare property in historic village center Strong income potential Opportunities like this in central Alvor are extremely limited. Contact us for full details or to schedule a private viewing.

Details

Construction Year- -
Gross Area m²- -
ElevatorNo
Private Gross Area m²301
Living Area m²301
GarageNo
Total Lot Size m²- -
Price m²2 820 €
Floor- -

Location

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Mortgage Simulator

Million Group
Porto, Porto
AMI 22034
A
ALBUFEIRA

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Origin Listing reference:id. MGA00065
Publishing date:
Last Update: