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This is a great opportunity to acquire a property rental business consisting of 5 apartments within a single building in a peaceful green area yet within walking distance of many local amenities and the beach. Split into 3 levels the lower level contains 3 x 1 bed apartments each with living room (plus sofa beds for additional accommodation), a bathroom and a kitchenette as well as a separate laundry room. The middle floor contains a large 2 bedroom apartment with 1 bathroom, an entrance hall, a kitchen, a large terrace and a living room. The upper floor contains an even larger 2 bedroom apartment, 2 bathrooms, an entrance hall, a kitchen and a living room. The property offers full air-conditioning, room safes, TV, heated swimming pool, gardens, 5 seat Jacuzzi, carport, electric gates, CCTV and full irrigation. The property has low running costs with 2 x solar panels for hot water and 20 solar panels for 6,000 - 8,000 KWs per year. Fully licenced to operate as a rental business, all future bookings are included.
Energy certificate class E.
 
Property Location
Albufeira
Algarve Area: Central Algarve
Location: Albufeira
Zone: Coastal
Property Features
Reference: P-MCG-C
Type: Commercial
Bedrooms: 7
Bathrooms: 6
Pool: Yes
Built Area: 285 m²
Plot Size:  1200 m²
Airport:  30 km
Golf: 2 km
Beach: 0,5 km
PRICE: € 595 000
 
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Villa with pool consisting of 5 apartments, property rental business Villa in Central Algarve, Albufeira
Plot size: 1200 m2  |  Build area: 285 m2  |  Bedrooms: 7

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Ref.: P-MCG | Price: € 595 000 More details
 
 
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