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What investment opportunities exist for multi-unit homes in Santa Bárbara de Nexe?

Villa in Santa Bárbara de Nexe

ref. VM2460
1.385.000€
  • C
  • 6
  • 6
  • 445m2
  • 1.000m2

Searching for investment opportunities in multi-unit homes in Santa Bárbara de Nexe? This remarkable property offers a unique chance to invest in three fully renovated living spaces for €1,385,000. With a total of 6 bedrooms across a multi-unit setup containing two houses and an annex, this villa stands out in the current market.

The main house features three luxury bedrooms, each equipped with dedicated bathrooms, making it a prime candidate for holiday rentals or long-term accommodations. The additional two-bedroom property and the one-bedroom annex further enhance potential rental income streams, providing versatility for buyers.

With a total living area of 445 m² and nestled on a generous 1000 m² plot, the property also boasts stunning sea views and beautifully landscaped gardens. Located just minutes from local amenities and the vibrant town centre of Santa Bárbara de Nexe, the strategic location makes this villa appealing for potential tenants.

The property’s recent renovations in 2022 mean it’s move-in ready, reducing the need for further investment before letting it out. Combined with features such as air conditioning, solar water systems, and spacious outdoor areas, this multi-unit home is ideal for savvy investors looking to maximise their returns in the thriving Algarve market. For more information or to arrange a viewing, contact us today!

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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