Algarve, Alte, Portugal
- PROPERTY TYPE
Detached
- BEDROOMS
12
- BATHROOMS
5
- SIZE
4,736 sq ft
440 sq m
Description
Discover this exceptional house in Alte, a serene and picturesque village, one of the most authentic and sought-after areas of inland Algarve. This property is an investment with extraordinary profitability potential, ideal to be transformed into a charming Rural Tourism, Boutique Hotel, or Local Accommodation project.
Structure and Accommodation Potential:
The house, with an impressive 479 m² spread over 3 floors, is currently configured as 3 independent apartments (one per floor), totaling 12 bedrooms, with scope for optimization and the creation of additional units.
Total Bedrooms: 12 (with potential to create more by optimizing space)
Ground Floor (Floor 0):
Entrance, 2 Bedrooms, a Bathroom, 30 m² Kitchen, and a large 60 m² living room with an independent entrance (perfect for a common area or restaurant for your tourism project).
First Floor:
5 Bedrooms (including 1 Suite), Kitchen, and Bathroom.
Second Floor:
6 Bedrooms, Bathroom, and a Kitchen easily convertible into an additional Bedroom/Suite.
Exterior and Amenities (900 m² Plot)
The outdoor area offers countryside tranquility and all the essential amenities for a successful project.
Infrastructure:
2 Annexes for support or conversion, Garage, and an old Cistern.
Natural Resources:
Property supplied by borehole water.
Garden:
Several fruit trees, including fig and almond trees.
Leisure:
Possibility to build a swimming pool.
Investment Advantage
Strategic location — peaceful countryside setting with quick access to Loulé and the coast.
Expansion Options
Possibility to acquire adjacent annexes and rustic plots to expand your project.
Don’t miss this opportunity to create your dream business in the Algarve!
Contact us for more details and to schedule your visit.
#ref: 734531
Algarve, Alte, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)19.7 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 734531) 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.