Located in the heart of Albufeira's historic center, this exceptional five-unit building presents a prime investment opportunity. Comprising four modern and functional T0 studio apartments, each designed to offer a comfortable and practical living experience, along with a spacious and elegant two-bedroom apartment featuring a luxurious jacuzzi and an expansive leisure area—ideal for families or groups seeking relaxation and stunning city views. Recently undergoing a comprehensive renovation, the property boasts contemporary, high-quality amenities and is fully prepared for tourist accommodation, ensuring strong income potential. Situated just steps from the vibrant town square and approximately 300 meters from the renowned Fishermen’s Beach, this location provides effortless access to an array of restaurants, shops, and the famed Algarve nightlife. Albufeira remains one of the Algarve’s top tourist hotspots, guaranteeing high occupancy rates year-round. The versatile layout of these five units caters to diverse tourist profiles, maximizing returns on investment. The addition of the jacuzzi in the two-bedroom apartment enhances its appeal, attracting visitors seeking a touch of luxury. Don’t miss this rare opportunity to acquire a strategically positioned property that seamlessly combines comfort, high income potential, and the allure of one of Portugal’s most desirable destinations.
Block of apartments
Data source: https://www.rightmove.co.uk/properties/153869810?currencyCode=GBP#/?channel=OVERSEAS
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Algarve, Albufeira, Portugal