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8-Bedroom House/Guesthouse in Praia da Fábrica
Faro-Vila Real de Santo António-Vila Real de Santo António
Ref: 8900-057
€1.980.000
Located on one of the finest beaches in the Algarve, this three-story villa is a unique and rare building. Just 100 meters from the Ria Formosa, the top floor offers a breathtaking view over Praia da Fábrica.
The property is currently divided into 6 apartments for use as local accommodation, but it is possible to reconfigure with various options.
On the top floor, the 'Ático' features an open-plan living room with a kitchen and a spacious bedroom, with direct access to two terraces; one on each side, both providing stunning views.
The middle floor is divided into two apartments: one with a single bedroom and an open space with a bathroom.
The T2 apartment has two adjacent bedrooms. The entrance to this apartment leads into an open space with a large living room and a modern kitchen. It includes a full bathroom.
Downstairs, the space has been divided to create three apartments:
Two T2 and one T1, each with its own open space living room with a kitchen and a full bathroom.
The two-bedroom apartments have one spacious bedroom and one smaller bedroom.
The one-bedroom apartment, featuring a spacious bedroom, is set back and accessed via a patio that provides plenty of privacy.
In all cases, there are patios for enjoying the outdoors, just a minute from the Ria Formosa.
This property presents an exceptional and extremely rare opportunity to invest in Praia da Fábrica (Cacela Velha), where available properties are scarce. The asking price is below the value obtained in an independent appraisal.
As an investment, it offers excellent profitability and a quick return.
For private use, it is an exclusive and comfortable property, incomparable to any other in the area.
The location is second to none.
14
Bedrooms
-
Bathrooms
293,9
Area
