Engel & Völkers
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Two-story white building with arched entrance, green accents, and a balcony with yellow-framed windows. A green fence surrounds the property.

Investment Property in Altura with Commercial and Apartments

€770,000
  • 10 Rooms
  • 4 Bedrooms
  • 4 Bathrooms
  • ~284 m² Total surface
  • ~256 m² Plot surface

Description

Investment building in Altura with licensed restaurant space and 2 apartments, minutes from the beach. High rental potential in the Algarve. If you would like to receive additional images or further details about the property, our team will be delighted to assist you. 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. We are here to support you in making your next successful property investment.
Features
Terrace
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Engel & Völkers Faro-Tavira

Your advisor: André Afonso

Property ID: W-0471L8

Property details
  • Object type

    Investment

  • Condition

    Needs renovation

  • Rooms

    10

  • Bedrooms

    4

  • Bathrooms

    4

  • Number of Floors

    2

  • Parking spaces

    2

  • Total surface

    ~284 m²

  • Plot surface

    ~256 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    2002

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

Location: Altura, Faro District

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

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Engel & Völkers Faro-Tavira

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João Agualusa & Elisa Ferreira, Lda.

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