995 000 €

House T5 in Albufeira e Olhos de Água, Albufeira

Albufeira, Faro

230 m²

5 Bedrooms

4 WC

Garage

Energy efficiency

House T5 for sale

Excellent investment opportunity in one of the most sought-after areas of Olhos de Água, Albufeira, 500 meters from the beach and a few minutes from all services and amenities, supermarkets, pharmacies, schools, transport, restaurants, cafes and the magnificent beaches of the region. This is a large villa with enormous potential, currently divided into 4 independent apartments three T1 and one T2, each with its own entrance and individual terrace, providing privacy and different possibilities...Excellent investment opportunity in one of the most sought-after areas of Olhos de Água, Albufeira, 500 meters from the beach and a few minutes from all services and amenities, supermarkets, pharmacies, schools, transport, restaurants, cafes and the magnificent beaches of the region. This is a large villa with enormous potential, currently divided into 4 independent apartments three T1 and one T2, each with its own entrance and individual terrace, providing privacy and different possibilities of use. Originally, the house consisted of a large dwelling spread over two floors. On the ground floor, there were three bedrooms, including an additional room that could be used as a bedroom or office, two bathrooms and an entrance hall. On the ground floor, the property has a kitchen and a large lounge in an open space concept, as well as a bathroom. All rooms have generous areas and plenty of light. At the top of the property there is also a roof top with sea views, a space with great potential to create a pleasant leisure area and enjoy the climate and surroundings of the Algarve. Outside, the villa benefits from a front garden and a large backyard, offering plenty of space to build a swimming pool, create living, leisure or garden areas. There is also a huge garage, with excellent storage capacity, and space inside the property for parking 3 to 4 cars. The current configuration of the four apartments allows for several possibilities, namely own housing, income through rental or tourist exploitation, subject to the respective licenses and authorisations, while the size and distribution of the property may also allow, upon design and approval of the competent authorities, its transformation back into a large family house or a charming residence. Book your visit now!

Details

Construction Year1989

Gross Area m²250

ElevatorNo

Private Gross Area m²230

Living Area m²- -

GarageYes

Total Lot Size m²962

Price m²4 326 €

Floor- -

Location

Attributes

Garage

Mortgage Simulator

Ocean House Properties

AMI 12030

+351 289 508 *** See number

Call to national landline network

+351 968 838 *** See number

Call to national mobile network

House T5 in Albufeira e Olhos de Água, Albufeira

House T5 in Albufeira e Olhos de Água with parking