Engel & Völkers
New

Investment Property on Cabanas de Tavira Waterfront

€525,000
  • 3 Rooms
  • 3 Bedrooms
  • 3 Bathrooms
  • ~127 m² Total surface
  • ~156 m² Plot surface

Description

Unique opportunity near Ria Formosa with 3 one-bedroom units, terraces and strong appreciation potential. Ideal for rental income, holidays or residential use. Positioned along the picturesque waterfront of this traditional fishing village, this property presents a rare opportunity for residential living, holiday use, or high-yield investment in one of the Eastern Algarve’s most desirable locations. Location and Lifestyle - Front-line position on the Cabanas waterfront promenade - Walking distance to restaurants, cafés, supermarkets and pharmacy - Close to beach ferry, marina and scenic walkways - High-demand area with excellent market liquidity - Ideal for permanent residence, second home or tourist rental Property Overview - Comprising three independent one-bedroom units (T1) - Private access to each accommodation - Authentic architectural character - Excellent natural light and solar orientation - Significant scope for modernisation and enhancement Current Layout Each unit is presently arranged as: - One-bedroom configuration - Open-plan living and kitchen area - Well-proportioned bedroom - Bathroom - Property requires full renovation - Flexible layout for optimisation and upgrading Outdoor Spaces A key highlight of this property is its generous exterior areas: - Ground-floor terrace - First-floor terrace - Ideal for outdoor dining and leisure - Potential for rooftop lounge or sun deck - Strong appeal for short-term and holiday rentals Investment and Development Potential - Full refurbishment and repositioning potential - Conversion into premium rental units - Development of distinctive local accommodation - Possibility of multi-unit residential project - Strong national and international demand - Strategic location ensuring sustainable returns Proximity and Connectivity - 5 minutes from Tavira - Close to some of the Algarve’s finest beaches - Easy access to A22 (Via do Infante) - Approx. 30 minutes to Faro International Airport The Algarve Way of Life Living or investing in Cabanas de Tavira means embracing a lifestyle shaped by the sea, nature and tradition, without compromising on modern comfort and accessibility. From morning walks along the ria to sunset dining by the waterfront, this is a setting of enduring appeal. Our dedicated team at Engel & Völkers Faro-Tavira is ready to guide you through every stage of this strategic investment and help you realise its full potential.
Features
PatioTerraceWaterfront
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Engel & Völkers Faro-Tavira

Your advisor: Adriana Jesus

Property ID: W-048F9W

Property details
  • Object type

    Investment

  • Condition

    Needs renovation

  • Rooms

    3

  • Bedrooms

    3

  • Bathrooms

    3

  • Number of Floors

    2

  • Total surface

    ~127 m²

  • Plot surface

    ~156 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    1932

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

Location: Tavira, Faro District

Situated in one of the most charming areas of the Sotavento Algarvio, this property enjoys a truly privileged setting where coastal tranquillity meets modern convenience. An exceptional opportunity for permanent residence, a holiday home or a secure property investment in the Algarve. Surroundings and Lifestyle - Supermarkets, pharmacy and essential services within walking distance - Inviting restaurants, cafés and traditional pastry shops - Scenic waterfront promenade alongside the Ria Formosa - Peaceful environment with strong tourism demand - Well-integrated international and local community Beach and Nature at Your Doorstep - Direct access to Praia de Cabanas via a short and picturesque boat crossing - Panoramic lagoon views and protected landscapes - Ideal for beach lovers, walkers and outdoor enthusiasts - Year-round mild climate perfect for an active lifestyle Strategic Connectivity - Just 5 minutes from the historic town of Tavira - Close to Cacela Velha, Manta Rota, Altura and Praia Verde - Quick access to the A22 (Via do Infante) - Approximately 30 minutes from Faro International Airport Golf and Leisure - Quinta da Ria Golf Course - Quinta de Cima Golf Course - Benamor Golf Residential and Investment Appeal - High national and international demand - Strong potential for holiday rentals and seasonal income - Attractive capital appreciation outlook - Suitable as a primary residence or second home - Appealing to medium and long-term investors Experience the Algarve at Its Finest Life here unfolds at the gentle rhythm of the lagoon — morning walks by the water, leisurely lunches on sunlit terraces and golden evenings by the sea. A setting where comfort, authenticity and natural beauty converge, offering an exceptional quality of life in southern Portugal.

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