Located next to the prestigious Albufeira Marina, this building presents an interesting opportunity for rehabilitation and development. Comprising a restaurant on the ground floor and four flats on the upper floors, it offers wide and privileged views over the marina and the ocean.
The property is in a state of repair that requires significant intervention. The restaurant, which seats 76 people, is in need of complete refurbishment, but offers a good basis for developing a new gastronomic concept in a place with high tourist traffic.
On the upper floors, there are four flats - one 3-bedroom and three 2-bedroom - which require complete renovation. With the right refurbishment, these spaces could be converted into mid- to high-end local accommodation units or long-term rental flats.
Its location, just a few steps from the marina, the beaches and various services, makes this property particularly attractive to investors looking for a project with a margin of appreciation in the medium term.
| Useful area: | 562 m2 | 6 049 sq ft |
| Deployment Area: | 275 m2 | 2 960 sq ft |
| Building Area: | 562 m2 | 6 049 sq ft |
| Bedrooms: | 9 |
| Bathrooms: | 6 |
| Garage: | 1 |
| Energy efficiency: | B |
REFERENCE: |
1LS02225 |
Building
Restaurant
1 flat - 3 bedrooms
3 flats with 2 bedrooms each
Investment opportunity
