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7 Bed House for sale

Portimao, Algarve, Portugal

£1,297,118 *  [€1,490,000]

7 Bed House for sale

Portimao, Algarve, Portugal

£1,297,118 *  [€1,490,000]

Property Details


  • Bedrooms: 7
  • Bathrooms: 7
  • Plot size: 217 m2
  • Habitable space: 600 m2

Features


  • Double Glass
  • Fire Place
  • AC
  • Energy performance certificate – D

Full Description


This three-story property offers a unique opportunity for a secure investment in Alvor, in a central and tourist location, with excellent potential for profitability and multiple possibilities for use.
Property Features
3-story guesthouse, 600 m² gross / 425 m² usable area , built in 2014
9 fully equipped rooms with private bathroom and air conditioning
3 upper rooms with private balcony and sea view; 6 rooms with cozy balconies
Elegant reception, breakfast lounge, living room, equipped kitchen, and support areas
3 terraces and furnished outdoor patio, ideal for leisure and socializing
Exterior access adapted for people with reduced mobility
Plot of 217 m², East/West orientation, built-in wardrobes-
Surroundings
Central location in Alvor, steps from the Ria de Alvor , restaurants, bars, shops, and 10 minutes from the beaches and marina
Typical fishing village with excellent tourist and gastronomic offer, ideal for national and international visitors
Highlights
Guesthouse in full operation, with 10 years of consolidated activity and Local Accommodation license
High occupancy rate, close to 100% for most of the year
Potential to integrate restaurant or bar , increasing investment versatility
Ideal for large families or tourist operation
Average rating of 9.1 on major accommodation platforms, standing out for service quality and guest loyalty
Do not miss this opportunity, come and see it!
Energy Rating: D
#ref: VN004
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This property listing (ref: VN004) is an advertisement supplied by Mimosa 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 0.8705 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.