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Engel & Völkers Faro - Tavira

+351 938 533 413

W-02RYKM – This is the Engel & Völkers property ID, your agent might ask for it.

Ron Isarin

João Agualusa & Elisa Ferreira, Lda

Licence partner of Engel & Völkers Residential GmbH

Website

Engel & Völkers ID : W-02RYKM

Luz, Faro District, Portugal

Multi-Unit villa - Investment opportunity

Price

€1,190,000

Bedrooms12

Bathrooms8

Total surface578 m²

Plot surface900 m²

Amenities and special features of this house

Spacious detached villa with AL license and potential for rural tourism and excellent possibilities for rental income. The building consists of the following units: Ground floor: 1 x T1 (1-bed) 1 x T2 (2-bed) 3 Studios First Floor: 2 x T2 apartments Second floor: T2 apartment with an ample terrace and sea view All living units have equipped kitchen and air conditioning. There is a common leisure area with BBQ, a solar heated pool, and a spacious garage for more than 10 cars. Currently the accommodation is being explored as an AL with monthly leases and has an income of around € 4,000/month. The villa is very centrally situated in a quiet part of the East Algarve at only 10 minutes from the waterfront and Ria Formosa and at 15 minutes from the beautiful cities of Olhão and Tavira. This is a perfect property for investors. Please contact us for more information or to schedule a viewing.

Object type

Detached House

Rooms

Bedrooms

Bathrooms

Total surface

578 m²

Plot surface

900 m²

Condition

Good

Garages

Parking bays

Year of construction

2003

Energy efficiency class

A+

Energy certificate available

Yes

Energy source

Solar heating

Energy Certificate Type

Demand certificate

Features

Air condition

Balcony

Built-in kitchen

Garage

Patio

Swimming pool

Terrace

Luz: Location and surroundings of this property

The villa is located near Luz de Tavira, in a very quiet area and with only 3 km distance from the Ria Formosa Nature Reserve and ocean. The next small town can easily be reached by cycle or car. From there you can take a boat to visit the islands. It is also well-known for its fish restaurants and also has amenities like shops, post office, public transport, banks as well as sporting facilities like sailing, kiting, surfing etc. At low tide you can walk through the Ria Formosa tidal flats to the Atlantic Ocean with lovely, long, sandy beaches. The Ecovia Cycle Route (214 km long) passes nearby.

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Engel & Völkers
Faro - Tavira

Rua D. Marcelino Franco, nº 21, 8800-347, Tavira

+351 938 533 413

Engel & Völkers
Faro - Tavira

Rua D. Marcelino Franco, nº 21, Tavira, 8800-347

Call shop

W-02RYKM – This is the Engel & Völkers property ID.

Ron Isarin

João Agualusa & Elisa Ferreira, Lda

Licence partner of Engel & Völkers Residential GmbH

Website

Commission Details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represente that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.