Description
Investment building in Altura with licensed restaurant space and 2 apartments, minutes from the beach. High rental potential in the Algarve.
Strategic Location in the Algarve
- Prime investment building located in Altura, one of the most vibrant areas for commerce and dining
- Just a short walk from the beach, surrounded by high pedestrian traffic and year-round tourist demand
Property Size and Layout
- Generous gross internal area of 234.55 m²
- Includes a commercial space ideal for a restaurant (121.7 m²)
- One-bedroom plus additional room apartment (52.50 m²)
- Two-bedroom apartment (60.35 m²)
Commercial Space with High Potential
- Currently vacant and licensed for food service use
- Features a practical interior dining area
- Large outdoor terrace perfect for al fresco dining
- Storage rooms and pantry available
- Energy Performance Certificate rated C
- Excellent visibility ensuring strong business prospects in Altura
Apartments Ready to Generate Income
- Fully furnished and move-in ready units
- Spacious terraces at the front and rooftop providing abundant sunlight
- Energy Performance Certificate rated F
- Great opportunity for holiday rentals, steady annual income, or housing for commercial staff
Versatility and Future Value
- Built in 2002 with some renovations already completed
- Highlights include flexible usage options, prime location, and strong rental income potential
Unique Investment Opportunity in the Algarve
- Rare combination of commercial and residential spaces near the beach
- Ideal for investors seeking income, diversification, and capital appreciation in a sought-after Altura neighbourhood
For further information or to schedule a private viewing, please contact Engel & Volkers Faro-Tavira.
We are here to support you in making your next successful property investment.
Energy Rating: C
