Nestled just steps from the renowned Albufeira Marina, this exceptional property presents a remarkable investment opportunity for redevelopment and growth. The building features a vibrant restaurant on the ground floor, capable of seating 76 guests, and four upper-level apartments—including one spacious three-bedroom unit and three two-bedroom units—all in need of comprehensive refurbishment. Benefiting from stunning panoramic views over the marina and the Atlantic Ocean, these properties offer immense potential for transformation into boutique accommodation or long-term rental units. Located in a prime area close to beaches, bustling amenities, and scenic waterfront attractions, this property appeals to savvy investors seeking a project with significant medium-term appreciation prospects. While the current structures require extensive renovation, they provide an excellent foundation to create a stylish, high-end hospitality or residence complex in a high-traffic, sought-after destination. Operated under the esteemed LUXIMOS Christie's brand—Portugal’s exclusive affiliate of Christie’s International Real Estate—this opportunity combines professional service with a robust network spanning 46 countries. Whether you are looking to develop luxury accommodations or capitalize on Portugal’s thriving tourism scene, this property stands out as a compelling prospect in the Algarve’s vibrant coastal landscape.

9 bedroom block of apartments

Data source: https://www.rightmove.co.uk/properties/164095280?currencyCode=GBP#/?channel=OVERSEAS