An exceptional investment opportunity situated in a highly desirable rural setting between Olhão and Tavira, this spacious property comprises four two-bedroom apartments, one one-bedroom apartment, and three studios, all designed to appeal to a diverse range of tenants. Residents and guests can enjoy shared amenities including a communal swimming pool, a garage, barbecue facilities, and leisure areas, creating an inviting atmosphere for both long-term tenants and short-term holidaymakers. Currently generating rental income of approximately €4,000 per month through long-term rentals, the property is also fully licensed (AL) for weekly vacation rentals, offering significant potential for lucrative short-term holiday income. Conveniently located near major transport routes, the property provides swift access to the A22 motorway and the EN125 national road, facilitating easy travel to Spain, the Western Algarve, and beyond. Just a 30-minute drive from Faro Airport and the Spanish border, its proximity to vibrant market towns like Tavira and Olhão, as well as charming fishing villages such as Fuseta and Sta Luzia, positions it in an ideal spot for exploring the region’s renowned cuisine, featuring fresh seafood and local delicacies. Nearby natural attractions include the Ria Formosa Natural Park, a haven for migratory birds and a fertile habitat for marine life like oysters and clams. The park’s ferry services connect to numerous islands boasting miles of pristine sandy beaches, making this area a favorite among tourists and expatriates alike. All essential amenities are within easy reach, and the region’s natural beauty and vibrant communities make this property a compelling choice for both living and investment in one of Portugal’s most sought-after locations.
12 bedroom house
Data source: https://www.rightmove.co.uk/properties/166730057?currencyCode=GBP#/?channel=OVERSEAS
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Algarve, Luz De Tavira E Santo Estêvão, Portugal