£562,798
(€200/sq. ft)
€650,000
8 bed detached house for saleAlvor, Alvor, Portimão
8 beds
4 baths
3,251 sq. ft
About this property
Bedrooms balconies
Boat tours
Cooker
Dual temperature refrigerator
Electricity
8-Bedroom House Converted into Multifamily Building for Sale in the Heart of Alvor — Just Steps from the Ria, the Beach, and All Local Amenities
General Features:
Contact us today for more information and to schedule your visit!
General Features:
- Composed of 4 independent apartments with shared access to a backyard
- Each apartment is a T2 with fully equipped kitchen, living room, bathroom, and two bedrooms
- Possibility to add an extra floor
- Gross Private Area: 301.2 m2
- Plot Area: 170 m2
- Building with 12 rooms and 2 autonomous units
- Potential for conversion into:
• 2 T2s and 3 T1s
• Rooftop T1 with terrace, barbecue area, and village views - Ideal for a modern and well-located short-term rental (al) project
- Situated on one of Alvor’s most emblematic and touristic streets
- Close to restaurants, bars, shops, transport, and the ria
- Only a few minutes’ walk from the beach
- Estimated rental yield of 7% per year
- High appreciation potential after renovation
- Perfect for holiday rentals, short-term lets, or permanent residence
Contact us today for more information and to schedule your visit!
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