€1,200,000

Prime location: This historic property is situated just 100 metres from Carvoeiro beach. Located directly in the picturesque town centre, it offers a rare combination of historic character and strong investment fundamentals.

The property is a fully established tourism asset in a prime micro-location, combining three key factors for investors: a proven holiday rental operation, an exceptional central location in Carvoeiro, and a well-structured, low-maintenance building concept.

The asset was deliberately positioned as an investment property and has been successfully operating since 2023. Immediate entry is possible without any development or ramp-up phase.

The building - substance, structure, investability

The property was extensively modernised in 2023 and comprises four fully self-contained studios arranged over two levels. Separate entrances for each floor and a clear separation of units reduce operational risk while providing a high degree of rental flexibility. This structure supports stable occupancy within a setting that combines historic character with contemporary comfort and immediate proximity to the sea.

Building & Space Concept

Ground floor
• Two fully equipped studios
• Direct access via a spacious front terrace
• Terrace with sea view and south/southeast orientation, ideal for having meals and for a nice time outdoors
• In addition, a lockable storage or utility room (e.g. for technology and hot water)

Upper floor
• Separate side entrance
• Hallway with practical built-in wardrobes
• Two other fully equipped studios
• Both units offer a view of the Atlantic Ocean

Studios - Facilities at a glance

• Private bathroom
• Compact, functional kitchenette
• Living and sleeping area with seating and breakfast table
• Double glazed windows
• Independent air conditioning
• Own electric hot water boiler
• Fiber optic internet & Wi-Fi
• Flat screen TV

The layout allows maximum flexibility in the rental and at the same time ensures privacy for the guests.

Modernisation & Technology

• Modern technical equipment
• Solid materials for heavy use
• Security concept with video surveillance system and lockable entrance gate
• Good sound insulation despite central location

The building is fully functional and can be used without further investment.

Location & surroundings

• Beach in less than 1 minute walk
• Center with restaurants, bars and cafes right outside the door
• Walking paths along the iconic cliffs in the immediate vicinity
• Supermarkets and supplies within walking distance
• Lagoa with Apolónia gourmet supermarket just minutes away

This combination of proximity to the sea, infrastructure and atmosphere ensures a consistently high demand in the holiday rental market.

Suitability & Use

• Investors with a focus on holiday rentals
• Buyers looking for a fully furnished and running rental business
• Investors who value location, history and long-term intrinsic value or appreciation

The existing structure allows for immediate takeover without an operational start-up phase, offering a proven concept in one of the most sought-after locations in the Algarve.

Interested in concrete figures?
If you are interested in the property, we will be happy to send you further information and yield figures.

Would you like to arrange a viewing on site or via video call? Please feel free to contact us directly. We look forward to presenting this extraordinary investment property to you in person!