€770,000

House for sale Castro Marim
Property photo number 1 of 16 Photos for Property. File 97312198_2345_06b0fc201ba2042480324fec85a88253.jpeg

Overview

SUMMARY: Discover an opportunity with this Castro Marim house for sale and available for €770,000. This could be your next ideal home or a smart investment. More details await.

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 & Völkers Faro-Tavira. We are here to support you in making your next successful property investment. Energy Rating: C #ref:W-0471L8 - W-0471L8 - Engel & Völkers Faro-Tavira

Request details

Details

  • Beds: 4
  • Baths: 4
  • Price: €770,000
  • Reference No.: 150335321
  • Area: 284 m2

Location

Marketed by:

  • Engel & Völkers Faro-Tavira
See all properties from this agent
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 2 times.

Search more listings