Exceptional Multi-Unit Investment Property with Active Airbnb License in Sítio dos Quartos, Central Algarve

This high-yield residential investment property in the Central Algarve presents a rare opportunity to acquire a multi-unit building with four independent apartments, three of which have been fully renovated, and crucially, benefiting from an active Airbnb / short-term rental license, allowing for immediate income generation in one of the region’s most strategically located and increasingly sought-after areas — Sítio dos Quartos. The property is composed of four self-contained two-bedroom apartments, an extremely attractive and high-demand typology for both short-term holiday rentals and long-term residential lets. The consistent layout across all units allows for efficient property management, diversified rental strategies, and strong market appeal to a broad tenant profile including tourists, professionals, couples, and small families. To the rear of the building, residents benefit from a dedicated outdoor leisure area, significantly enhancing the guest experience and long-term rental appeal. At the front, the property offers off-street parking, a highly valuable feature that increases convenience and strengthens market competitiveness. Further enhancing the investment profile is a private single-car garage, ideal for secure parking, owner use, storage, or additional rental income. A separate laundry and utility outbuilding supports operational efficiency and is particularly advantageous for short-term rental operations. Located in a peaceful yet well-connected residential zone, the property benefits from proximity to key amenities, main road access, employment centres, and the Algarve’s most important lifestyle and commercial hubs. Its slightly elevated position near the crest of the area further contributes to its long-term desirability, privacy, and capital appreciation potential. This is an outstanding income-generating asset offering a combination of renovated units, outdoor spaces, parking solutions, operational infrastructure, and an active Airbnb license — making it ideal for investors seeking a secure and scalable foothold in the Central Algarve rental market.