Description
This building is located in the parish of Albufeira, in the Oura area, a strategic and valued location in the Algarve region. It is a new building, in the final stages of finishing, with a gross construction area of 780.8 m², ideal for those looking for a new space in a central area with easy access to various amenities and services. The building consists of 8 modern and functional apartments, distributed as follows: 4 one-bedroom apartments, 2 two-bedroom apartments, and 2 studio apartments, which can be converted into two commercial shops, further expanding the profitability potential of the property. Additionally, the building could also be operated as a hotel or a bed and breakfast, maximizing its financial return and providing a unique experience for guests. The main feature of this venture is its excellent potential, with included outdoor space such as a terrace and balcony, offering views over the city. The building features a modern structure with a functional design tailored to current needs, including an elevator for greater convenience. Furthermore, the building has underground parking and a swimming pool, providing a leisure and comfort environment for residents and visitors. This is an excellent investment for those seeking profitability, either through the tourist exploitation of the units or their resale. As a tourist venture, it offers a great opportunity to generate short- and long-term income, taking advantage of the increasing demand for accommodation in the region. The location is also a strong point, as it is just 10 minutes from the Via do Infante, the main access road to the area, and only a 10-minute walk from Oura Beach, one of the most sought-after beaches in Albufeira. The area has various businesses and services, including supermarkets and dining options, providing great convenience for future residents or tourists. Faro Airport is approximately 35 minutes by car, ensuring a quick and practical connection to the rest of the country and international destinations. The proximity to essential services and accessibility to road transport make this location even more attractive for those seeking practicality and comfort. The property is well positioned for those who wish to take advantage of the tourist potential of the region, with the advantage of being close to main roads and points of interest in Albufeira and surrounding areas.
Energy Rating: B
