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8 Bed Property for sale

Algoz, Algarve, Portugal

£680,418 *  [€795,000]

8 Bed Property for sale

Algoz, Algarve, Portugal

£680,418 *  [€795,000]

Property Details


  • Bedrooms: 8
  • Bathrooms: 8
  • Plot size: 3153 m2

Features


  • Air conditioning
  • Swimming pool
  • Energy Certificate: D

Full Description


This traditional property with 421m2 consists of five self-contained, fully furnished cottages, nestled on a large plot of 3,153m2, and located 12 minutes away from Guia shopping centre. Crazy World, Zoo Marine and two water parks are all within 15 minutes by car and Faro airport can be reached within 35 minutes.This complex offers in total three 2-bedroom and two 1-bedroom cottages, giving a total of eight bedrooms, each bedroom has an en-suite bathroom. In addition, the complex has a separate, large utility room with washing and drying facilities and some storage space.Around the property, you will find a well kept landscaped garden as well as a large (10x5m) saltwater swimming pool. The property is fully fenced and offers an electric gate and plenty of internal parking.Currently, the complex is fully tenanted and is registered for tourism (Alojamento Local). All cottages are rented on a Long-term let basis but could be switched to Holiday Letting if preferred.If you are looking for a decent return on investment or even a lifestyle change such as early retirement (live in the detached cottage and rent-out the remaining four cottages), this could be for you.

Fine & Country Algarve is part of the international network of F&C offices in over 300 locations worldwide, we have three offices in the Algarve covering the whole region from east to west. We also work closely with the Fine & Country offices elsewhere in Portugal and internationally. In the Algarve, Fine & Country has a vast portfolio of properties for sale and a dedicated team of professionals with in-depth market knowledge.

Features and fittings mentioned are subject to agreement and verification between the vendor and the buyer.

EPC: D - REF: FC450GT.

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