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Investment opportunity

Quarteira

Price   €575.000 Ref: QT571
   

Key Details

  • Beds 4
  • Baths 3
  • Built Area 211m2
  • Plot Size 440m2

Description

This investment property is located in the center of Quarteira, at approximately 700 meters walking distance to the beach.

Located close to various supermarkets, restaurants, bars and shops it is very central.

The property is devided over two levels and comprises of: on ground floor level a T2 apartment and garage which can be converted into a studio apartment. On first floor there are two T1 apartments. There is a large outdoor space of 305m2 consisting of garden with fruit trees and storage space.

This is very unique for this area. The storage space can be converted to an extra two bedroom apartment which after investigation can be fully licensed.

The building is habitable, but in need of improvement works to maximize investment potential.

The main entrance of the building has a corridor with access to the garage, the patio/ garden and the apartments.

The layout of the property: Garage which can be converted into a studio apartment, a small entrance hall on ground floor level, offers independent access to a T2 apartement consisting of living room, two bedrooms, a bathroom and kitchen with access to an outdoor patio/ garden. Going up the stairs to first floor level there are two independent entrances to the two individual T1 apartments, each consisting of a living room, a bathroom, bedroom and kitchen with access to a covered terrace overlooking the patio/ garden. There is also a roof terrace overlooking Quarteira/ Vilamoura and it even enjoys a small sea view.

Excellent investment opportunity!


Features

  • Garden
  • Garage
  • Roof terrace
  • Walking distance to beach
  • Walking distance to amenities
  • Energetic certification: D
  • Storage facility
  • Mains water
  • Mains sewage
  • Airport Distance: 22km
  • Beach Distance: 700mt
  • Golf Distance: 3.5km