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What are the rental income opportunities for homes in Sagres tourism area?

Townhouse in Sagres

ref. LW1604
7.293.774NOK
  • D
  • 2
  • 2
  • 123m2
  • 110m2
  • Modern Construction

The rental income opportunities for homes in the Sagres tourism area are incredibly promising, especially for luxury properties like the 2-bedroom Bay House at Martinhal Resort. With a rental price potential driven by the area’s popularity with tourists, homeowners can benefit greatly from entering into attractive rental programmes. The property can be rented out while owners are not in residence, providing a steady stream of income. The nearby pristine beaches, historical sites, and local cuisine draw tourists throughout the year, ensuring high demand. Moreover, the house’s modern amenities, including underfloor heating and air conditioning, make it an appealing choice for vacationers. The community facilities at the resort, such as swimming pools and fitness rooms, further attract families seeking a complete holiday experience. If you are contemplating an investment in Sagres, this property presents an exceptional chance for substantial rental returns in a thriving tourist destination. Don’t hesitate to explore this lucrative opportunity!

Usage
Residential
Type
Townhouse
Town
Sagres
Parish
Vila de Sagres
Municipality
Vila do Bispo, Faro
Region
Algarve (West)
Construction Year
2010
Rooms
7
Bedrooms
2
Bathrooms
2
Floors
2
Living Area
123 m²
Plot Area
110 m²
Tarmac
Balcony/Terrace
Fully Fitted
Fitted Wardrobe
Under floor heating, AC
Solar (Water)
Mains water, Mains electric, Mains drainage
Double glazing
Swimming Pool, Communal
Landscaped
Sea View
Modern Construction
• Living area 110 m²/ 138 m²
• Underfloor heating
• 2 bedrooms available
• Year of construction 2010
• Resort facilities
• Directly on the beach

The Bay House houses offer unobstructed views of the unspoilt nature of the Costa Vicentina, the sea and the bay of Sagres. This is a perfect investment!

Ground floor:
• Master bedroom with en-suite bathroom
• Guest bedroom
• Separate bathroom
• Garden 54 m²/ 60 m²

Upper floor:
• Living room with dining area and open-plan, fully equipped kitchen
• Large balcony 25 m²/32 m²

To generate rental income, it is possible to enter into attractive rental program agreements.

Lease contracts last for 6 years and currently all new owners have to sign for the first 6 years. After this contract expires (2030) they can live there permanently or extend the lease for another 6 years.

Amenities

- Underfloor heating
- Air conditioning
- Fully equipped kitchen
- Beach bars & restaurants
- Supermarket
- Communal pools
- Fitness Room
- Children's playgrounds
- Tennis courts
- Electric car & Tesla charging station
- 24 hour security service

Location

Distance to the beach 600m
Distance to the golf course 16km
Distance to the nearest school 9.7km
Distance to Faro airport 120km

Other Info

It is a touristic resort, the property is not usable as a permanent residence.
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