This renovated multi-home property near Faro offers three residences, six bedrooms and potential for diversified rental use at €1,385,000. It is located in Santa Bárbara de Nexe and includes 445m² of living area on a 1,000m² plot. Buyers looking for an investment property for sale near Faro can use the layout for personal occupation, guest accommodation or carefully managed rental strategies. The accommodation comprises a three-bedroom house, a two-bedroom house and a one-bedroom annex. Each residence has its own living facilities, while the property as a whole provides six bathrooms. The main house includes a modern fully equipped kitchen and three en-suite bedrooms. Its master suite and second bedroom occupy the first floor, creating a practical separation between living and sleeping areas. The two-bedroom house has a spacious living room with high ceilings and a pre-installed kitchenette. Both of its double bedrooms include en-suite bathrooms. A private south-facing terrace gives this second home its own outdoor amenity. The one-bedroom annex contains a kitchenette, living and dining space, bedroom and family bathroom. This configuration may help investors create several accommodation options, although rental use should be checked against current licensing and planning requirements. The buildings were renovated in 2022 while retaining the character of the original 1934 walls. Landscaped gardens, terraces, fruit trees and lawns enhance the appeal for holiday guests and private residents. A 9m by 5m swimming pool and outdoor shower add valuable leisure facilities. The south-facing position provides natural light and attractive panoramic sea and countryside views. Air conditioning and double glazing support comfort during different seasons. Solar hot water may contribute to more efficient day-to-day operation. Faro Airport is approximately 11 kilometres away, supporting convenient access for international visitors. Santa Bárbara de Nexe town is about 550 metres from the property, while the nearest beach is 13.6 kilometres away. Vale do Lobo golf course is approximately 12.2 kilometres away, broadening the potential lifestyle appeal. Prospective investors should assess achievable rents, occupancy, running costs and applicable regulations before committing to a return projection. Contact us today to discuss the investment opportunity and book a viewing.
• 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