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What investment opportunities exist for beach homes in the Algarve?

House in Figueira

ref. LW2096
796.300€ 695.000€
  • NA
  • 1
  • 1
  • 50m2
  • 10.080m2

Investing in beach homes in the Algarve, especially this unique property near Figueira, presents outstanding opportunities. Priced at €695,000, this charming 1-bedroom cottage is set on a significant 1-hectare plot of protected land, just 100 metres from the inviting beach. With its open-plan layout and modern fixtures, the property appeals to both first-time buyers and seasoned investors. The Algarve has been a hotspot for real estate investments due to its stunning coastlines, warm climate, and popularity among tourists, making potential rental income an attractive feature. The local area is rich in amenities and features such as golf courses and charming villages, enhancing its appeal for holidaymakers. Furthermore, the existing classification request to change the status of the cottage to habitation can increase its value. The initial charm blended with modern convenience promises a desirable living experience or a lucrative rental investment. Don’t miss your chance to explore this property further. Contact us for detailed information and to schedule a viewing!

Usage
Residential
Type
House
Town
Figueira
Parish
Vila do Bispo e Raposeira
Municipality
Vila do Bispo, Faro
Region
Algarve (West Coast)
Construction Year
1951
Renovation Year
2008
Rooms
3
Bedrooms
1
Bathrooms
1
Floors
1
Furnished
Fully
Living Area
50 m²
Usable area
50 m²
Plot Area
10.080 m²
Country Road
Parking outdoors, Private Parking, Entrance gate
Open Plan
Kitchenette
Electric heaters
Water tank, Photovoltaik, Septic tank, Gas Bottle
Double glazing, Manual Shutters/Blinds
Private, Landscaped, Natural
Panoramic View, Sea View
● Living Area 50m², Construction Area 50m²
● Plot 10,080m².
● Year of Construction Pre-1951
● Year of Renovation 2008
● 1 Bedroom, 1 Bathroom
● Minutes from the centre of Figueira
● 100m from the Beach

A truly unique, private little beach house on a large plot of land located near Figueira in the West Algarve. The property currently classified as a Pre-1951 barn, has been internally converted to 1 Bedroom, 1 Bathroom with an open plan living/dining and is used as a peaceful holiday home. A request has been submitted to change the official classification to habitation, nevertheless it is a perfectly adequate and beautiful little property. A rare gem this close to the beach!

The property consists of:
Ground Floor:
● Small entrance hall
● Living/Dining room
● Small modern partly fitted Kitchen
● 1 bedroom
● 1 bathroom

External:
● Outside parking
● 10,080m² plot
● Seating area
● BBQ area
● Cupboard gas bottles

Amenities

● Water tanks
● Solar panels for electric
● Gas bottles for cooking and water heater

Location

• 100m from the Beach
• 3,6km to Figueira
• 5,4km to nearest golf course
• 3,6km to nearest school
• 104 km to Faro airport


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