8 bedroom house for sale in Algarve, Portimão, Portugal

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8 bedroom house for sale in Algarve, Portimão, Portugal

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8 bedroom house for sale in Algarve, Portimão, Portugal

650.000 €

(0)
3 Views
Sep 07, 2025

Algarve, Portimão, Portugal

Description

Discover a remarkable opportunity in the charming heart of Alvor with this versatile 8-bedroom property, seamlessly transformed into a multifamily residence just steps from the Ria, the beach, and an array of local amenities. Comprising four independent, fully equipped T2 apartments, each featuring a modern kitchen, inviting living spaces, a bathroom, and two comfortable bedrooms, this building offers flexible living arrangements with shared access to a private backyard. Spanning a gross private area of 301.2 square meters on a 170-square-meter plot, the property presents exciting potential for expansion, including the addition of an extra floor. Currently configured with 12 rooms across two autonomous units, the building can be reimagined into a variety of layouts, such as two T2 units complemented by three T1 apartments, or a luxurious rooftop T1 with a terrace, barbecue area, and panoramic views of the village. Located on one of Alvor’s most iconic and tourist-frequented streets, it provides unparalleled proximity to sought-after restaurants, cafes, shops, public transport, and the stunning beaches just minutes away. This property represents an exceptional investment opportunity, with an estimated rental yield of 7% annually, high potential for appreciation post-renovation, and versatility for holiday rentals, short-term accommodations, or permanent living. Don’t miss out on this exclusive chance to acquire a prime asset in Alvor’s vibrant center. Contact us today for further details and to arrange a viewing.

8 bedroom house

Data source: https://www.rightmove.co.uk/properties/165945764?currencyCode=GBP#/?channel=OVERSEAS

Overview

Property ID: 850cf74b-a850-4a0d-adbf-7f28c5ad0f52

Type: Apartment, House

Property Type: Secondary

Bedrooms: 8

Bathrooms: 4

Floors: 1

Bedrooms: 2

Bathrooms: 3

Parking Spaces: 1

Patio/Terrace: Yes

Garden Orientation: south_east

Interior Condition: excellent

Architectural Style: contemporary

Flooring Materials: other

Bedrooms: 8

Bathrooms: 4

Interior Condition: average

Architectural Style: traditional

Flooring Materials: other

Amenities and features

Storage
Air Conditioning
Terrace
Garden

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