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34

4 room luxury House for sale in Olhão, Distrito de Faro

€ 550,000
101 m² 3 4

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Description

An amazing opportunity to have a fully renovated house in the heart of Fuzeta village, divided into two separate apartments both with an established and lucrative rental income. Both apartments have great access to the many restaurants, cafes and shops. Within a short walking distance you can access the beach directly or catch the ferry to Fuseta island.

The first apartment comprises of 3 bedrooms, two shower rooms, large open plan kitchen/ living room and roof terrace with shower. The concept is modern and clean, with features such as wood-burner, air conditioning units, fridge/freezer, oven, microwave, dishwasher, electric boiler and roof terrace with preparation for an outdoor kitchen. Great views from the roof terrace over the town and to the sea.

The second apartment comprises of one bedroom, living room, kitchen with table, shower room, access to ground floor courtyard with stairs to private roof terrace. The property is equipped with air conditioning, storage, courtyard with sink, private roof terrace and electric water heating.

The property has been successfully rented for the last two summer seasons and has an existing AL license. There is the possibility to increase the rental income by exploring the winter renting season as well. Alternatively, one apartment can be for private use with the second apartment being rented for an additional income stream.

The property has mains facilities including water, sewage, electricity, telephone and internet. A must see property!!!
Energy Rating: E

500

Details

Rooms
4
Bedrooms
4
Bathrooms
3
Size
101 m²
Energy Rating
E
Interior Amenities
Fireplace
Reference
PW326

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Olhão - Distrito de Faro

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Olhão - Distrito de Faro