Building, Albufeira, Albufeira
This building is located in the parish of Albufeira, in the Oura area, a strategic and highly valued location in the Algarve region. It is a new building in finishing stage with a gross construction area of 780.8 m², ideal for those looking for a new space in a central area with easy access to various amenities and services. The building consists of eight modern and functional apartments, distributed as follows: four one-bedroom apartments (T1), two two-bedroom apartments (T2), and two studio apartments (T0), which can be converted into two commercial shops, further enhancing the property′s profitability potential. The main feature of this development is its excellent potential, with included outdoor spaces such as a terrace and balcony, offering views over the city. The building has a modern structure with a functional design, adapted to current needs, including an elevator for greater convenience. Additionally, the property has underground parking and a swimming pool, providing a leisure and comfort environment for residents and visitors. This is an excellent investment for those seeking profitability, either through the tourist rental of the units or their resale. As a tourist development, it offers a great opportunity to generate short- and long-term revenue, taking advantage of the growing demand for accommodation in the region. Furthermore, the property can also be operated as a hotel or a bed and breakfast, maximizing its financial return and providing guests with a unique experience. The location is also a strong point, as it is ten minutes from the Via do Infante, the main access road to the region, and only a ten-minute walk from Oura Beach, one of the most popular in Albufeira. The area has various businesses and services, including supermarkets and dining options, offering great convenience to future residents or tourists. Faro Airport is approximately thirty-five minutes away by car, ensuring a quick and practical connection to the rest of the country and international destinations. The proximity to essential services and accessibility to road transport make this location even more attractive for those seeking practicality and comfort. The property is well-positioned for those looking to take advantage of the region′s tourism potential, with the benefit of being close to major roads and points of interest in Albufeira and its surroundings.
