Faro, Albufeira, Albufeira e Olhos de Água, Centro (Albufeira)
Building from 2009, with a Local Accommodation license.
Walking distance from Tunnel Beach in central Albufeira.
6-storey building - half-basement garage, raised ground floor, 1st to 3rd floors, and use of attic for laundry and an extra suite.
Elevator,
Balconies on both façades.
Good quality aluminum windows with guaranteed acoustic and thermal insulation.
There are 4 two-bedroom apartments with air-conditioning, an electric water tank, an equipped kitchen with utensils and crockery.
The apartments are furnished, equipped and ready to use.
It can be rented out annually as a permanent home, or for temporary or tourist rentals. It has a license for Local Accommodation, which allows flexibility of choice.
Recent building in good general condition, with no need for renovation or refurbishment.
The building has one unit per floor:
Half basement - garage - 116m2 for 4 parked cars and other 2-wheeled vehicles.
RC - T1 with a gross area of 138m2 - transformed into a T2, with a 52m2 terrace
1st floor and 2nd floor - T2 - each with a gross area of 119m2, each with two balconies of 46m2 in total
3rd floor - T2 with a gross area of 115m2 and 2 balconies of 46m2 in total
Attic - extra bedroom suite and laundry room with a total of approximately 40m2
Located on Rua 5 de Outobro, meters from Tunnel Beach, services, restaurants, markets and nightlife.
Although it is very close to central Albufeira, it is protected from noise and movement.
The extra room allows you to accommodate a housekeeper or concierge, possibly for an extra client.
The laundry room can be used for Local Accommodation services or for storage or alternatives.
Property with income, currently operated by an employee who manages reservations, check-in/out, cleaning and maintenance. The reason for the sale is the death of the owners.
Excellent option for investment or second home for families. It's worth less than €2500 per m2.
Visits by appointment, preferably on Saturdays.
More information available.
ref number 66666 on the agency's website.