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How much does a 445m² investment property with six bedrooms near Faro cost?

Villa in Santa Bárbara de Nexe

ref. VM2460
1.604.643$
  • C
  • 6
  • 6
  • 445m2
  • 1.000m2

A 445 m² investment property with six bedrooms near Faro costs €1,385,000 and is available to buy in Santa Bárbara de Nexe. The property consists of three renovated buildings, comprising a three-bedroom house, a two-bedroom house and a one-bedroom annex. Its generous 1,000 m² plot, swimming pool and sea views create a compelling Algarve investment proposition. The buildings were renovated in 2022 to high standards while preserving original walls from the 1934 property. A south-facing aspect helps maximise daylight throughout the accommodation. Six bedrooms and six bathrooms allow the property to accommodate large families, groups or several households. The principal house provides a modern fitted kitchen alongside a comfortable lounge and dining area. One ground-floor double bedroom has built-in wardrobes and an en-suite bathroom. Two further en-suite bedrooms are positioned on the first floor, including the master bedroom. The second home has a spacious high-ceilinged living room and a pre-installed kitchenette. Its two double bedrooms each include an en-suite bathroom for guest privacy. A private south-facing terrace extends the usable space of this independent unit. The one-bedroom annex contains a living and dining room, kitchenette, bedroom and family bathroom. This arrangement offers potential for long-term rental, seasonal accommodation or a flexible family compound, subject to planning and rental regulations. Landscaped gardens with lawns, fruit trees and terraces provide an attractive setting for residents and visitors. A 9 x 5 metre pool and outdoor shower strengthen the property’s appeal to leisure-focused tenants. Electric gates and extensive private parking simplify arrivals for multiple occupants or guests. Faro Airport is approximately 11 km away, while Santa Bárbara de Nexe town centre is about 550 metres from the home. The nearest beach is 13.6 km away and Vale do Lobo golf course is within 12.2 km. Although no guaranteed ROI is stated, the multi-unit configuration creates several possible income strategies for an experienced buyer. Contact us now for the full details, financial discussion and viewing arrangements.

Usage
Residential
Type
Villa
Town
Santa Bárbara de Nexe
Parish
Santa Bárbara de Nexe
Municipality
Faro, Faro
Region
Algarve (Central)
Construction Year
1934
Renovation Year
2022
Rooms
9
Bedrooms
6
Bathrooms
6
Floors
1
Furnished
Partly
Living Area
445 m²
Plot Area
1.000 m²
Tarmac, Driveway
Driveway, Private Parking
Lounge/Dining, Patio Doors, Terrace
Terraces
Kitchen/Dining, Open Plan, Fully Fitted, Modern, Island
Other Rooms 1
T2 House
Other Rooms 2
T1 Annex
3 on Main House, 2 on Second House, 1 on Annex
Internet/Phone, Solar (Water), Boiler
All mains, Septic tank
Double glazing, UVA Protection
9x5m, Shower
Landscaped, Fruit Trees, Lawn
Sea View, Panoramic View, Countryside View
• Total living area 445m² (256+150+39)
• 6 bedrooms (3+2+1)
• Plot 1000 m²
• Renovation year 2022
• Great investment property
• Nearest beach 13.6km

This property has been renovated to the highest standards. It faces south and enjoys abundant natural light. The exterior is beautifully landscaped with gardens, terraces, and a swimming pool.

3 bedroom house:
Ground floor
• Entrance hall
• Living/dining room
• Modern, fully equipped kitchen
• Storage under the stairs
• 1 double bedroom with built-in wardrobes and en-suite bathroom

First floor
• Master bedroom with built-in wardrobes and en-suite bathroom
• Second bedroom with built-in wardrobes and en-suite bathroom

2 bedroom house:
• Large living room with high ceilings
• Pre-installed kitchenette
• Two double bedrooms (each with en-suite bathroom)
• Private south-facing terrace

1 bedroom annex:
• Large entrance hall
• Living/dining room
• Kitchenette
• Master bedroom
• 1 family bathroom with walk-in shower

Amenities

• Electric gate
• Air conditioning
• Solar hot water system
• UPVC windows
• Mains electricity and water
• Large parking area
• Outdoor shower

Location

• Nearest town 550m (Santa Bárbara de Nexe)
• Nearest golf Vale do Lobo 12.2km
• Nearest private school 16.7km
• Faro airport 11km
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