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2 Bed Apartment for sale

Boliqueime, Algarve, Portugal

£270,856 *

 [€300,000]

Property Details

  • Bedrooms: 2
  • Bathrooms: 3
  • Habitable space: 120 m2

Features

  • Heating / Fire Place
  • Rental Potential
  • Sea View

Full Description

GREAT OPPORTUNITY FOR DEVELOPERS AND INVESTORS.

This property has so many possibilities, with the right permissions you could convert to one large house with space for a cinema room, or two apartments one on the ground floor and one on the first floor, it is perfect to set-up as a small B&B, or leave as it is to make a Passive Income from renting one or both!

Right in the heart of Boliqueime you will find this hidden gem of a
property. With the ground floor historically used as a bank premises. It is laid out to welcome clients with a large reception area, meeting room, male and female public toilets, and a very large space at the back with natural light for an office to house staff and files. Located on a prominent drive through street it has great exposure for passing trade.

Completely separate upstairs is a residential property housing a 2 bedroom apartment, with a separate entrance to the side street. The apartment includes a kitchen, lounge, bathrooms and 2 bedrooms with views across the village down to the sea.

This property has great income potential through renting the business premises or renting the apartment or both, or converting the ground floor into another apartment or leisure space for the apartment such as a cinema room, games room, gym, home office or run a business from home. We can put you in touch with an architect, conveyancing solicitor, builder necessary to purchase and transform this property, subject to the requirement planning approval, licences etc from the Council.

Perfectly located just a short drive to Vilamoura and Faro, this property is
located in one of Loule's most charming parishes, within walking distance to
Bars, cafes. the chemist and a bamk.

Contact
us to book a viewing!

here

Ref 296

This property listing (ref: 16612-5c5c2531929e1) is an advertisement supplied by Diamond Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.9029 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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