Condo/Apartment for sale, Faro, in Parchal, Portugal

Parchal
Condo/Apartment • 4 room(s) • 3 bed. • 2 bath. • 99 m² • ref: 18631241-APA_100
$312,956
Unique Investment Opportunity in Parchal, next to the Fantastic City of Portimão!

We present this multi-functional property with great potential, located on Rua Bartolomeu Dias, in the urbanization of Bela Vista, Parchal, near Portimão. Property with characteristics that allow you to maximize financial return, this is the investment you were looking for!

Composition of the Property:

- T3 (1st floor): The main unit, with large spaces, 3 bedrooms (1 of them en-suite) and 2 bathrooms, ideal for both a family and rental.
- T2 (2nd floor): Covered terrace transformed into T2, with kitchen and bathroom, in need of rehabilitation, perfect for rent.
- T0 (basement): A versatile option that can be transformed into an office or studio, also in need of rehabilitation.
- T1 (rear garage): With porch, kitchen and bathroom, ideal for guests or additional rental, in need of rehabilitation.

Profitability Potential:
With the possibility of renting each room, this property is an excellent opportunity for investors looking to diversify their income. The various fractions allow you to explore long-term and short-term rentals, ensuring a constant revenue stream.

Prime Location:
Situated in a quiet and residential area, this property is close to schools, supermarkets and essential services. The proximity to Portimão's stunning beaches and diverse leisure options make this a highly desirable location for both residents and tourists.

A great opportunity!
For those who wish to invest in a renovation project, this property offers the perfect space to create a modern and attractive environment. Contact us to schedule a visit and learn all the details of this property that promises excellent profitability with the proper investment!

Don't miss the chance to transform this space and maximize its potential!
Energy Rating: D

Spaces

Rooms4
Bedrooms3
Bathrooms2

Surfaces

Living area99 m²

Parchal

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Energy efficiency rating
D
Request a tour as early as tomorrow
For all other questions, contact Portugal Home Brokers