Large Villa divided in 5 independent apartments near the beach in Albufeira

Villa in Albufeira, Central Algarve
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Quick Summary

Reference:
P-MCG
Region:
Central Algarve
Location:
Albufeira
Price:
€899 000
Property Type:
Villa
Built Area:
285 m2
Plot Size:
1200 m2
Bedrooms:
7
Bathrooms:
6
Pool:
Yes
Airport:
30 km
Golf:
2 km
Beach:
0,5 km

Property Description

This is a great opportunity to acquire a property rental business consisting of 5 apartments within a single building in a peaceful green area yet within walking distance of many local amenities and the beach. Split into 3 levels the lower level contains 3 x 1 bed apartments each with living room (plus sofa beds for additional accommodation), a bathroom and a kitchenette as well as a separate laundry room. The middle floor contains a large 2 bedroom apartment with 1 bathroom, an entrance hall, a kitchen, a large terrace and a living room. The upper floor contains an even larger 2 bedroom apartment, 2 bathrooms, an entrance hall, a kitchen and a living room. The property offers full air-conditioning, room safes, TV, heated swimming pool, gardens, 5 seat Jacuzzi, carport, electric gates, CCTV and full irrigation. The property has low running costs with 2 x solar panels for hot water and 20 solar panels for 6,000 - 8,000 KWs per year. Fully licenced to operate as a rental business, all future bookings are included. Energy certificate class E.

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Property Features

  • air conditioning
  • alarm system
  • car port
  • CCTV
  • heated swimming pool
  • landscaped garden
  • solar panels
  • terrace

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