Description
Fantastic preposition: 12 bedroom villa consisting of three studios, four 2 bedroom apartments and one 1 bedroom unit, with fully equipped kitchens, air conditioning in all apartments and a garage for 10 cars. Being currently used as local accommodation with annual lease, it has a potential income of around €4,000 per month, but if you choose to rent for vacations, you could have an income of €4,000 per week.
The property has a generpus space for leisure to all apartments, such as a swimming pool, barbecue and several games that you can enjoy with your family.
Ideal to monetize, as it already has an AL license and is located in a quiet area, in the countryside, but just 15 minutes from Olhão and Tavira where you can enjoy the islands of Ria Formosa and the best of Algarve cuisine, it also has the airport from Faro 20 minutes.
Excellent investment opportunity with guaranteed return or to transform into your family home.
Details
Updated on January 13, 2025 at 2:34 pm- Property ID: 655820
- Price: $1,190,000
- Property Size: 493 Sq M
- Land Area: 900 Sq M
- Bedrooms: 12
- Bathrooms: 8
- Property Status: For Sale
