Investment Property in Altura with Commercial and Apartments
€770,000
10 Rooms
4 Bedrooms
4 Bathrooms
~284 m² Total surface
~256 m² Plot surface
Construction year 2002
Description
Investment building in Altura with licensed restaurant space and 2 apartments, minutes from the beach. High rental potential in the Algarve.
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Strategic Location in the Algarve
- Prime investment building located in Altura, one of the most vibrant areas for commerce and dining
- Just a short walk from the beach, surrounded by high pedestrian traffic and year-round tourist demand
Property Size and Layout
- Generous gross internal area of 234.55 m²
- Includes a commercial space ideal for a restaurant (121.7 m²)
- One-bedroom plus additional room apartment (52.50 m²)
- Two-bedroom apartment (60.35 m²)
Commercial Space with High Potential
- Currently vacant and licensed for food service use
- Features a practical interior dining area
- Large outdoor terrace perfect for al fresco dining
- Storage rooms and pantry available
- Energy Performance Certificate rated C
- Excellent visibility ensuring strong business prospects in Altura
Apartments Ready to Generate Income
- Fully furnished and move-in ready units
- Spacious terraces at the front and rooftop providing abundant sunlight
- Energy Performance Certificate rated F
- Great opportunity for holiday rentals, steady annual income, or housing for commercial staff
Versatility and Future Value
- Built in 2002 with some renovations already completed
- Highlights include flexible usage options, prime location, and strong rental income potential
Unique Investment Opportunity in the Algarve
- Rare combination of commercial and residential spaces near the beach
- Ideal for investors seeking income, diversification, and capital appreciation in a sought-after Altura neighbourhood
For further information or to schedule a private viewing, please contact Engel & Völkers Faro-Tavira.
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Coastal Living at Its Best
- Located a few steps from the beach, this property offers the perfect balance of tranquillity and proximity to the sea
- Privileged position in one of the most sought-after areas of the Algarve, ideal for those who value the coastal lifestyle
- Just a few steps from the golden sandy beaches and crystal-clear waters of the Eastern Algarve
- Perfect as a holiday home, permanent residence, or real estate investment in the Algarve
Quality of Life & Natural Surroundings
- Enjoy the peace and natural beauty of the Algarve coast, with sunshine all year round
- Surrounded by unique landscapes, seaside walking trails, and a safe, relaxing environment
- Close to local restaurants, cafés, markets, and essential services
- Excellent access via the EN125 and A22 (Via do Infante), connecting quickly to Tavira, Faro and Spain
Unique Investment Opportunity
- Unbeatable location with strong property appreciation potential
- Excellent opportunity for those seeking return on investment and a superior quality of life
- Ideal for anyone wishing to live close to the sea, combining comfort, privacy and convenience