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179 500 €
House T2 in Algarvia, NordesteNordeste, Ilha de São Miguel
House T2 in Algarvia with multimedia
126 m²
2 Bedrooms
1 WC
Energy efficiency
House T2 for sale
Identificação do imóvel: ZMPT586192 2-Bedroom House on a 254 m² Urban Plot with Approved Architectural Project for Redevelopment (T3 + T1) This 2-bedroom house sits on a 254 m² urban plot and already has an approved architectural project for rehabilitation and transformation into two independent residential units (T3 + T1), representing a particularly attractive opportunity for investors looking to develop a project with strong rental potential. The proposed solution allows the creation of two autonomous apartments, enabling multiple investment strategies, including long-term rental, mid-term rental, or short-term/tourist accommodation. The project stands out for being primarily based on the rehabilitation of the existing structures, with very limited demolition planned. This approach helps preserve the property's character while optimizing construction costs and execution time. The plot is fully walled and benefits from direct access to the public road, offering a versatile outdoor area with potential for a garden, leisure space, social area, or parking — an increasingly valued feature in residential developments. One of the most distinctive features of the property can be found in the stone exterior area, where traditional stone arches stand out. These typical architectural elements give the space a unique identity and, when integrated into the rehabilitation project, can create a strong aesthetic character — particularly attractive for residential or hospitality-oriented developments. The existing structure and the annex buildings within the plot allow the development of a well-balanced project that combines functionality, preservation of existing heritage, and quality outdoor space, resulting in a real estate asset with strong appreciation potential after renovation. Investment Highlights • Approved project for two independent apartments (T3 + T1) • Ideal solution for rental income or tourist accommodation • Project largely based on the rehabilitation of existing structures • Very limited demolition, helping to optimize construction costs • 254 m² urban plot • Fully walled plot with direct access to the public road • Outdoor area with potential for garden, leisure space, or parking • Traditional stone arches adding unique architectural character • Existing structure with annexes that enhance development potential • Excellent rehabilitation opportunity with strong future value appreciation 3 reasons to buy with Zome: Constantly accompanied With the best training and experience in the real estate market, Zome’s agents are fully dedicated to providing you with the best assistance, guiding you with full confidence in the right direction to meet your needs and ambitions. From here onwards we will create a close relationship and carefully listen to your expectations, because our priority is your happiness! Because it is important that you feel you are being accompanied, and that we will be with you every step of the way. Simpler Zome’s agents are given unique training on the market, based on practical experience sharing between professionals and strengthened by applied neuroscientific knowledge that allows them to simplify and make their real-estate experience more effective. Forget about bureaucratic nightmares because with Zome you have the total support of an experienced and multiskilled team that gives you practical support in all the essential aspects, so that your real estate experience exceeds your expectations. Happier Rid yourself of your worries and earn the quality time you need to do whatever makes you happier. We work every day to bring added value to your life by giving you the reliable advice you need, so that together we can achieve the best results. With Zome you will never feel lost or unaccompanied and you will gain something that is priceless: your complete peace of mind! That is how you will feel throughout the whole experience: Calm, secure, comfortable and... HAPPY! Notes: 1. If you are a real estate agent, this property is available for business sharing. Do not hesitate to show it to your customers and talk to us to book a visit. 2. To make it easier to identify this property, please quote the respective ZMPT ID or the respective agent that sent you the suggestion
Details
Construction Year1970
Gross Area m²123
ElevatorNo
Private Gross Area m²126
Living Area m²123
GarageYes
Total Lot Size m²254
Price m²1 424 €
Floor- -
Location
Attributes
Garage
Storage Room
Garden
Nearby listings
Additional link:https://zome.pt/pt/ZMPT586192
Origin Listing reference:id. ZMPT586192
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