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Building in the Historic Center of Alvor Exclusive Real Estate Investment Opportunity in the Algarve
We present this unique property located in the heart of the picturesque village of Alvor, one of the most sought-after destinations in the Algarve region. With high potential for appreciation, this building offers exceptional conditions for rehabilitation, conversion into horizontal property and operation in the Local Accommodation (AL) segment.
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General Features:
Gross Private Area: 301.2 m²
Total Land Area: 170 m²
Current Composition: Building with 8 divisions, spread over 4 housing units
Existing Typologies: Four 2 bedroom apartments, with independent entrances and water meters, electricity also independent
Upper Terrace: Space with feasibility for the development of an additional T2 in rooftop style, ideal for leisure time, with unobstructed views over the Ria the village of Alvor
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Conversion Feasibility:
The property allows conversion into horizontal property, making it particularly attractive for investors who want to divide the building into independent units, with the aim of autonomous sale or lease.
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Location of Excellence:
Located in one of the most emblematic squares of Alvor.
The property benefits from a privileged environment, with immediate access to restaurants, traditional shops, leisure areas, bars and the Ria de Alvor waterfront.
This strategic location contributes to the strong demand from tourists and permanent residents.
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Profitability and Valuation:
With an estimated potential return of around 5% / 7% per year, this building is positioned as a solid opportunity in the Algarve real estate panorama, bringing together the ideal conditions for those who want to invest safely in an asset of high demand and prestige.
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Contact:
For more information or to schedule a visit contact me. We will be happy to introduce you to this project and support you at all stages of the acquisition and investment process.
---
General Features:
Gross Private Area: 301.2 m²
Total Land Area: 170 m²
Current Composition: Building with 8 divisions, spread over 4 housing units
Existing Typologies: Four 2 bedroom apartments, with independent entrances and water meters, electricity also independent
Upper Terrace: Space with feasibility for the development of an additional T2 in rooftop style, ideal for leisure time, with unobstructed views over the Ria the village of Alvor
---
Conversion Feasibility:
The property allows conversion into horizontal property, making it particularly attractive for investors who want to divide the building into independent units, with the aim of autonomous sale or lease.
---
Location of Excellence:
Located in one of the most emblematic squares of Alvor.
The property benefits from a privileged environment, with immediate access to restaurants, traditional shops, leisure areas, bars and the Ria de Alvor waterfront.
This strategic location contributes to the strong demand from tourists and permanent residents.
---
Profitability and Valuation:
With an estimated potential return of around 5% / 7% per year, this building is positioned as a solid opportunity in the Algarve real estate panorama, bringing together the ideal conditions for those who want to invest safely in an asset of high demand and prestige.
---
Contact:
For more information or to schedule a visit contact me. We will be happy to introduce you to this project and support you at all stages of the acquisition and investment process.
Property Features
- Washing machine
- Dishwashing machine
- Fireplace
- Equipped kitchen
- Proximity: Beach, Golf course, Shopping, Restaurants, City, Hospital, Pharmacy, Public Transport, Schools, Public Swimming Pools, Playground
- Garden
- Terrace
- Furnished
- Built year: 1951
- Floors: 2
- Laundry
- Drive way
- Conservatory
- Kitchenette
- Storage / utility room
- Views: Sea views, Countryside views, City view, Urbanization view, Garden view
- Double glazing
- Pantry
- Main drainage
- Walking distance to beach
- Quiet Location
- Central location
- Parking space
- Barbecue
- Uninterrupted views
- Energetic certification: E
- Solar orientation: North, South
- Mains water
- Balcony
