Renovation Opportunity: 1-Bedroom House in Albufeira, Algarve - Ideal Second Home



Algarve, Albufeira, Portugal, Albufeira (Portugal)
1 Bedrooms · 0 Bathrooms · 38m² Floor area
€250,000
House
No parking
1 Bedrooms
0 Bathrooms
38m²
Garden
No pool
Not furnished
Description
Nestled in the heart of the Algarve, just a stone's throw from the vibrant town of Albufeira, lies a unique opportunity for those with a vision. This 1-bedroom house, set on a sprawling 4,820 m² plot, offers the perfect canvas for creating your dream second home in one of Europe's most sought-after holiday destinations.
Imagine waking up to the gentle rustle of olive trees, the sun casting a warm glow over the rolling hills, and the promise of a day filled with the rich experiences that the Algarve has to offer. Whether you're seeking a tranquil retreat or a bustling holiday hub, this property provides the flexibility to craft a lifestyle that suits your desires.
A Canvas for Your Vision
The existing house, while in need of renovation, presents a rare opportunity to design a space that reflects your personal style and needs. With the potential to expand the built area up to 300 m², subject to local authority approval, the possibilities are endless. Envision a spacious family villa, a serene holiday retreat, or even a rural tourism project that capitalizes on the region's growing popularity.
Key Features:
- Location: Prime position in Albufeira, Algarve, Portugal.
- Plot Size: Expansive 4,820 m² offering ample space for development.
- Potential: Opportunity to expand the house up to 300 m².
- Utilities: Mains water, electricity, and sewage connections in place.
- Water Autonomy: Features a borehole for additional water supply.
- Natural Beauty: Mature trees and olive groves enhance the landscape.
- Accessibility: Excellent road access to Faro Airport and the A22 motorway.
- Proximity: Minutes from stunning beaches, supermarkets, and restaurants.
- Investment Potential: High demand area with strong rental yield prospects.
The Allure of Albufeira
Albufeira is more than just a destination; it's a lifestyle. Known for its stunning beaches, vibrant nightlife, and rich cultural heritage, this coastal town offers something for everyone. Spend your days exploring the historic old town, indulging in fresh seafood at local eateries, or simply soaking up the sun on the golden sands of Praia da Oura.
For the adventurous, the Algarve is a playground of outdoor activities. From golfing on world-class courses to hiking along the dramatic cliffs of the Rota Vicentina, there's no shortage of ways to enjoy the region's natural beauty. And with over 300 days of sunshine a year, the climate is perfect for year-round enjoyment.
A Sound Investment
The Algarve continues to be a hotspot for property investment, with its combination of natural beauty, cultural richness, and excellent infrastructure. This property not only offers the chance to create a personal haven but also holds significant potential for rental income, making it an attractive option for investors.
Your Second Home Awaits
Owning a second home in Albufeira means more than just having a place to stay; it's about embracing a lifestyle that blends relaxation with adventure, tranquility with excitement. Whether you're looking to escape the hustle and bustle of city life or seeking a lucrative investment opportunity, this property is your gateway to the best of the Algarve.
Contact us today to explore the possibilities and start your journey towards owning a piece of paradise in Albufeira. With Homestra, finding your perfect second home in Europe has never been easier.
Details
- Amount of bedrooms
- 1
- Size
- 38m²
- Price per m²
- €6,579
- Garden size
- 0m²
- Has Garden
- Yes
- Has Parking
- No
- Has Basement
- No
- Condition
- renovating
- Amount of Bathrooms
- 0
- Has swimming pool
- No
- Property type
- House
- Energy label
Unknown
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