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Renovation Project - 2 Bedroom Villa in Albufeira

House in Albufeira

ref. VM1687
425.000€ 400.000€
  • F
  • 2
  • 1
  • 69m2
  • 818m2

This 2 bedroom villa is located in a newly revitalised area just outside of Albufeira and less than 2,5 km to the beach, making this an incredible opportunity to create your dream holiday home or lucrative rental property.

Usage
Residential
Type
House
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Construction Year
1975
Rooms
3
Bedrooms
2
Bathrooms
1
Floors
1
Living Area
69 m²
Plot Area
818 m²
Driveway
Lounge/Dining
Garden Terrace
Own Entrance
Laundry
All mains, Gas Bottle
Single Glazing
Lawn, Trees
Country-side View
• Living area: 69,30 m²
• Plot: 818 m²
• 2 Bedrooms, 1 Bathroom
• Great rental potential
• Big garden

This a rare opportunity to create your ideal holiday home or lucrative rental property in a newly revitalized and sought after area just outside of Albufeira, and only a short 2.5 km walk to the Maria Luisa beach.

The property is a one level 2 bedroom and 1 bathroom villa in need of either a light refurbishment to bring back it’s rustic charm or of a total renovation to create truly magnificent new villa.

With a large plot, newly modernized infrastructure in the complex and located close to all the amenities offered by one of the most popular tourist destinations in the Algarve, the potential for this property is incredible.

This superbly located and low-cost project is a perfect opportunity for an investment.

Amenities

• Mains water
• Large private flowered garden
• Fully fenced plot
• Walking distance to beach
• Easy access to restaurants, shops and nightlife

Location

• 3.5 Km into all amenities
• 2.5 Km to the beach
• 3.2 km to the nearest golf course
• 5 km to nearest school
• 30.3 km to Faro airport