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Algarve, Portimão, Portugal

£1,289,595
€1,490,000
Mimosa Properties, Lagos
PROPERTY TYPE

House

BEDROOMS

7

BATHROOMS

7

SIZE

4,575 sq ft

425 sq m

Key features

  • Bedrooms: 7
  • Bathrooms: 7
  • Access point to highway
  • Air Conditioning (Unspecified)
  • Bar
  • Bars
  • Beds
  • Blinds
  • Built-in wardrobe
  • Bus stop

Description

This three-story property offers a unique opportunity for a secure investment in Alvor, in a central and tourist location, with excellent potential for profitability and multiple possibilities for use.
Property Features
  • 3-story guesthouse, 600 m² gross / 425 m² usable area, built in 2014
  • 9 fully equipped rooms with private bathroom and air conditioning
  • 3 upper rooms with private balcony and sea view; 6 rooms with cozy balconies
  • Elegant reception, breakfast lounge, living room, equipped kitchen, and support areas
  • 3 terraces and furnished outdoor patio, ideal for leisure and socializing
  • Exterior access adapted for people with reduced mobility
  • Plot of 217 m², East/West orientation, built-in wardrobes, energy certification B-
Surroundings
  • Central location in Alvor, steps from the Ria de Alvor, restaurants, bars, shops, and 10 minutes from the beaches and marina
  • Typical fishing village with excellent tourist and gastronomic offer, ideal for national and international visitors
Highlights
  • Guesthouse in full operation, with 10 years of consolidated activity and Local Accommodation license
  • High occupancy rate, close to 100% for most of the year
  • Potential to integrate restaurant or bar, increasing investment versatility
  • Ideal for large families or tourist operation
  • Average rating of 9.1 on major accommodation platforms, standing out for service quality and guest loyalty
Do not miss this opportunity, come and see it!

Algarve, Portimão, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    35.7 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Mimosa Properties, Lagos

For 20 years based in Lagos, MimosaProperties has been active in the areas of buying, selling, renting, and property management. By focusing on quality and precision, combined with our experience and knowledge, we offer an exclusive real estate mediation service in the Western Algarve region.

We are an agency managed by a multilingual team, specialized in property sales and acquisitions, with deep knowledge of the local market. Our methodology is based on personalized service, ensuring our clients a completely transparent and professional experience.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Mimosa Properties, Lagos (reference 1937) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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