€1,500,000

Multi Family for sale Albufeira
Property photo number 1 of 16 Photos for Property. File 91597755_2375_8d1798218528f760b6a188aef6c5821a.jpeg

Overview

SUMMARY: Discover an opportunity with this Albufeira multi family for sale and available for €1,500,000. This could be your next ideal home or a smart investment. More details await.

Unique Opportunity for Investors: Leased Urban Building with Profitability Above 8,000/month! We present an excellent investment opportunity in the heart of Albufeira, a 5-storey urban building, located on the prestigious Rua Solar dos Vilarinhos,

with a monthly profitability of over 8,000. This property is currently leased, offering a stable and proven source of income. With a covered area of 240 m² and an uncovered area of 200 m², the building is composed of 8 independent units, ensuring an ideal and diversified distribution of spaces. The property is under a horizontal ownership regime, which offers flexibility for future sales of individual units, should the investor wish to optimize his/her portfolio. This property stands out for its strategic location, just a few minutes from the main shopping areas and the famous Albufeira Beach, which further increases its attractiveness for long-term and short-term rentals. The building is located in an area with high demand from tenants, ensuring consistent occupancy and high market value. Main features: Monthly income of over 8,000. Property leased with long-term contracts in force. 5 floors, divided into 8 independent units. Covered area of 240 m² and uncovered area of 200 m². Excellent location, close to shops, transport and beaches. Advantages for the Investor: High and constant profitability. Potential for future appreciation due to the privileged location. Well-maintained property in excellent condition. Opportunity to purchase in a high-demand market. Commission Sharing: We offer 5% shares, with 50% of the commission for each agency. We work in collaboration with all agencies in the market, which ensures broad publicity for the property and the possibility of negotiating with various partners, increasing the chances of closing the deal. Don't miss this chance to acquire a profitable property with enormous potential for appreciation and constant income. For more information or to schedule a visit, get in touch!

Request details

Details

  • Beds: 0
  • Baths: 0
  • Price: €1,500,000
  • Reference No.: KWPT-015912
  • Area: 258 m2

Amenities

  • Home: Energy Certificate: E

Location

Marketed by:

  • Flash Algarve
See all properties from this agent
  • +351 289 826 732
Request details

Frequently Viewed

Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


Viewed 1 times.

Search more listings