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244 000 €
Apartment T0 in Quarteira, Loulé
Loulé, FaroApartment in Quarteira with parking
86 m²
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1 WC
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Apartment T0 for sale
Excellent Semi-Refurbished Apartment with High Yield We present this fantastic property in Quarteira, ideal for investors looking for immediate profitability and financial security, or for those seeking a primary residence with a guaranteed source of income. With a total gross area of 87 sqm (58 sqm of private gross area + 29 sqm of dependent area), this apartment stands out for its excellent sun exposure, great natural light, and versatile layout. Immediate Rental Income Opportunity: Currently Rented T1 Unit: The 1-bedroom unit has an active lease agreement in place, generating a guaranteed return of €5,400 / year (€450 / month). Vacant T0 Unit: Allows for simultaneous monetization (long-term or vacation rental) to double your income, or to be used for personal living / holidays. Property Highlights: Physically divided into 2 independent units (T1 + T0) 2 pleasant balconies to enjoy the Algarve climate Garage / parking space included Semi-refurbished property, ready to use and monetize Located on the 3rd floor (building without an elevator) Space Distribution: Independent T1 Unit (Rented — €5,400/year): Living room with adjoining kitchen: Functional and cozy space. Bedroom: With direct access to a private balcony. Enclosed balcony: Optimized space, fitted with 2 bunk beds (boliches / additional accommodation capacity). Bathroom: Full bathroom. Independent T0 Unit (Vacant / Available): Open-plan space: Cozy studio combining living area, sleeping area, and kitchenette in a single practical environment. Pleasant balcony: Ideal outdoor space for relaxation. Bathroom: Full bathroom. Why Invest Here? This turn-key solution offers several strategic options: Immediate Yield: Receive income from day one with the rented T1 and maximize your return by also renting out the T0. Live and Earn: Live in the T0 and use the €5,400/year from the T1 to help pay off your mortgage or fixed expenses. Prime Location: Situated in Quarteira, close to all services, local shops, restaurants, and a short distance from the beaches and Vilamoura. Don't miss this excellent business opportunity in the heart of the Algarve Get in touch for more information or to schedule your visit.
Details
Construction Year1982
Gross Area m²86
ElevatorNo
Private Gross Area m²86
Living Area m²58
GarageYes
Total Lot Size m²86
Price m²2 837 €
Floor3rd floor
Location
Attributes
Garage
Outdoor Parking
Nearby listings
Origin Listing reference:id. 0651-06289
Publishing date:
Last Update: