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2 000 000 €
Building in Vila Nova de Cacela, Vila Real de Santo António
Vila Real de Santo António, FaroBuilding in Vila Nova de Cacela with parking
545 m²
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Building for sale
🏬 BUILDING IN VILA NOVA DE CACELA | 9 RESIDENTIAL UNITS, 3 SHOPS AND GARAGE | 1.5 KM FROM THE BEACH An investment opportunity in the heart of the Algarve, where the property's versatility combines with its proximity to the sea! We present this building located in Vila Nova de Cacela, in the municipality of Vila Real de Santo António, in a privileged location in the eastern Algarve, approximately 1.5 km from Cacela Velha beach. Formerly an inn, this property stands out for its size, excellent state of preservation and variety of spaces, making it an interesting opportunity for investors seeking a real estate asset with several potential uses. 🏢 Building layout With a total usable area of approximately 530 m², the building comprises: • 3 two-bedroom apartments; • 5 one-bedroom apartments; • 1 three-bedroom apartment; • 3 shops; • 1 garage with capacity for 3 vehicles. A combination of residential units, commercial spaces and parking that gives the property particularly interesting versatility. 🔑 One property, multiple possibilities Currently held under single ownership, the building can be assessed for different investment strategies, subject to the applicable legal and urban planning framework. Options worth exploring include: • Residential and/or commercial rental investment, depending on the permitted use of each space; • Establishment of horizontal property ownership, subject to verification of the necessary legal and technical requirements; • Tourist accommodation, taking into account the building's history as a former inn and the possibility of assessing a tourist accommodation project. Any potential operation as local accommodation or a hotel establishment will depend on the applicable licences, authorisations and requirements, which must be confirmed with the competent authorities. 🌊 An outstanding location in the Algarve Vila Nova de Cacela benefits from its proximity to some of the Algarve's most iconic coastal landscapes, particularly Cacela Velha beach, approximately 1.5 km away. The location combines the tranquillity of the region with the tourist appeal of the eastern Algarve, making this property particularly attractive to those looking to invest in an area with a distinct identity and a strong connection to the sea. ✨ Excellent state of preservation 📞 An opportunity worth exploring Thanks to its size, layout and versatility, this building represents a distinctive opportunity for investors seeking a real estate asset in the Algarve, combining residential and commercial components with potential for different operating models. If you are looking for an investment with scale, location and multiple possibilities, this property in Vila Nova de Cacela deserves your attention. Contact us for further information and to arrange a viewing. ;ID RE/MAX: 125211232-10
Details
Construction Year1994
Gross Area m²- -
ElevatorNo
Private Gross Area m²545
Living Area m²540
GarageYes
Total Lot Size m²295
Price m²3 669 €
Floor- -
Location
Attributes
Garage
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Additional link:https://remax.pt/125211232-10
Origin Listing reference:id. 125211232-10
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