Description
Excellent Investment Opportunity in the Algarve. This two-storey building with several independent areas is ideal for residential, commercial, hospitality, service or tourism projects.
The property stands out for its versatility and privileged location, just a few minutes from the most sought-after beaches of the Eastern Algarve the prestigious Praia Verde and Praia da Alagoa, home to the new Verde Lago development, a landmark project that further enhances the value of the surrounding area.
Located in the picturesque village of Sao Bartolomeu, a traditional Algarvian settlement surrounded by the protected wetlands of Vila Real de Santo Antonio and Castro Marim, this property enjoys a unique setting. Here, the tranquillity of the countryside blends harmoniously with the proximity to the coast, offering an authentic and distinctive lifestyle in the heart of the Eastern Algarve.
The property also benefits from excellent access, with two entrances to the main roads and close proximity to the Castro Marim Train Station and the local cycle path, enhancing its convenience and investment potential. This strategic location combines rural serenity with the advantage of being close to the sea, making it ideal for residential use or as an investment in tourism or income-generating projects.
The building comprises two floors, offering a versatile structure ideal for those looking to invest in a property with multiple usage possibilities.
On the ground floor, spacious rooms and open areas originally designed for a restaurant now offer great potential for conversion into various types of businesses. The interiors are bright and functional, complemented by an outdoor patio perfect for a terrace or leisure area. It also includes a large unit currently used as a garage or storage space, providing excellent support and utility areas.
The first floor features a generous residential area with several rooms, including four bedrooms, two bathrooms, a living room, a kitchen, balconies and a large terrace with open views. This floor is ideal for a private residence, local accommodation or rental project, adding a valuable residential component to the entire building.
Its strategic location between the sea and the hills less than 10 minutes from the Spanish border and 45 minutes from Faro Airport further reinforces the property's strong potential for appreciation and profitability.
Don't miss this unique opportunity in a rapidly growing area with exceptional tourism potential.
For more information or to schedule a visit, please contact the Nest Partners team.
Energy Rating: C
