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Building in Alvor Centre with High Profit Potential

Portimão, Alvor

Building in Alvor Centre with High Profit Potential
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Building in Alvor Centre with High Profit Potential 650.000 € Ref: VM1058
8
4
302 m²
8-Bedroom House Converted into Multifamily Building for Sale in the Heart of Alvor — Just Steps from the Ria, the Beach, and All Local Amenities

General Features:
  • Composed of 4 independent apartments with shared access to a backyard
  • Each apartment is a T2 with fully equipped kitchen, living room, bathroom, and two bedrooms
  • Possibility to add an extra floor
  • Gross Private Area: 301.2 m²
  • Plot Area: 170 m²
Current Layout and Potential:
  • Building with 12 rooms and 2 autonomous units
  • Potential for conversion into:
    • 2 T2s and 3 T1s
    • Rooftop T1 with terrace, barbecue area, and village views
  • Ideal for a modern and well-located short-term rental (AL) project
Prime Location:
  • Situated on one of Alvor’s most emblematic and touristic streets
  • Close to restaurants, bars, shops, transport, and the ria
  • Only a few minutes’ walk from the beach
Excellent Investment Opportunity:
  • Estimated rental yield of 7% per year
  • High appreciation potential after renovation
  • Perfect for holiday rentals, short-term lets, or permanent residence
Don't miss this exclusive opportunity in the heart of Alvor.
Contact us today for more information and to schedule your visit!
Property type House
Typology 8 Bedrooms
Objective Sale
Condition Used
Price 650.000 €
Year of Construction N/A
Country Portugal
District Faro
Town Portimão
Parish Alvor
Zone Alvor
Erik Heijselaar
Erik Heijselaar
Chamada para a rede móvel nacional
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