Nestled in the heart of Albufeira's historic old town, this charming villa offers an exceptional location just a two-minute walk from the renowned Praia dos Pescadores. Originally a traditional Portuguese residence, the property has been thoughtfully converted into a quaint hostel, spread across three floors with an inviting rooftop terrace. The ground floor comprises a two-bedroom unit and a one-bedroom unit, while the first floor features two bedrooms with shared bathroom facilities. The second floor includes a self-contained studio apartment and an additional bedroom with a private bathroom. A dedicated technical area on the rooftop hosts a winch system, facilitating the easy transportation of linens and heavy items between floors. Fully refurbished eight years ago, the property benefits from modern updates including updated plumbing and electrical systems, solar panels, and water heaters on each level. Sold fully furnished with fixtures, bedding, and all essentials, this turnkey investment opportunity promises a thriving hospitality operation. An ideal choice for entrepreneurs seeking an established, well-maintained property in one of Algarve’s most sought-after locations. REF: VV1831
6 bedroom villa
Data source: https://www.rightmove.co.uk/properties/133170959?currencyCode=GBP#/?channel=OVERSEAS
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Algarve, Albufeira, Portugal