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7 bedroom house of multiple occupation for sale

Manta Rota, Algarve, Portugal

€1,400,000
Algarve Manta Properties, Santo Antonio
PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

7

BATHROOMS

5

SIZE

4,198 sq ft

390 sq m

Key features

  • 5 TRADITIONAL HOUSES OF INDEPENDENT USE
  • IN NEED OF SOME REMODELING
  • LARGE PLOT OF LAND WITH GARDEN
  • 200M FROM THE BEACH
  • WALKING DISTANCE TO TOWN CENTRE
  • PERFECT FOR CREATING A HUGE SOURSE OF INCOME RENTING OUT
  • EXCELLENT INVESTMENT OPPORTUNITY
  • 4 EQUIPPED KITCHENS
  • GREAT FOR LIVING ALL YEAR ROUND OR AS HOLIDAY HOME

Description

Exclusive with Algarve Manta Properties!
Unique Opportunity in Manta Rota - Set of 5 Houses 150m from the Beach

Discover this authentic hidden gem in the heart of Manta Rota, situated just 150 meters from the beach entrance and within walking distance of all the amenities, cafes, restaurants and services of the village. A rare property, with enormous potential for rehabilitation, modernisation and creation of local accommodation (AL), perfect for both those looking for permanent housing and for those who want to invest in one of the most sought-after areas of the Algarve.

The property consists of a plot of about 550m² that houses five small houses, all with about 70 m², distributed between two T2 and three T1, offering several possibilities for reorganisation and profitability.

Description of the Houses:
1st House (right side - T2)

- Kitchen
-Living room
- Bathroom
- Pantry
- 2 bedrooms
- Storage room at the back
- Rooftop terrace

2nd House (left side - T1)

- Living room and kitchen
- Room
- Bathroom

3rd House (further ahead - T2)

- Kitchen
- Living Room
- Bathroom
- Pantry
- 2 bedrooms

Last Duplex House (west side - 2 x T1)
Divided into two independent floors:

R/C: T1 to retrieve

1st floor: T1 in good condition, with living room, kitchen, bathroom and bedroom

On the west side of the land there is a pleasant green area, perfect for vegetable garden, garden or creating a common area for guests.
Potential

It is a true diamond in the rough in an area that is highly valued and in high tourist demand.
Ideal for:

- Own housing + extra income from the remaining houses
- Local Accommodation Project, creating several independent apartments
- Creation of a small tourist village, seasonal and annual "invoicing machine"

This property offers charm, a prime location and exceptional profitability potential.

Don't miss this opportunity!

Algarve Manta Properties
AMI: 7673
Feel at home with us...

Manta Rota, Algarve, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Algarve Manta Properties, Santo Antonio

Casa Anibal, Loja B, Estrada da Manta Rota, Vila Nova de Cacela, Vila Real de Santo Antonio, Algarve, 8900-038, Portugal

Algarve Manta Properties - Soc. de Mediação Imobiliária, Lda.

AMI- 7673

Feel at home with us...

We are an experienced team who are English and Portuguese, customer satisfation is number one on our list, we offer a complete service with an English speaking Lawyer, to put your mind at rest.

We are situated on the main street of a beach resort in the East Algarve called Manta Rota. Our opening hours are:

9.30am-6pm Monday to Friday

9.30am-1pm Saturday

Closed Sundays

Open over lunchtime every day

Our government registered number is 7673

We have many people who have received a professional yet friendly service from us, have purchased a house with us and are happy to recommend our services, if you require recommendations we can put you in touch with them.

If you want hassle free unlimited viewings and impartial advice about the best area to suit your needs then you have entered the right website.

Buying a property in the Algarve is much easier than you think, we are here to support and help you, come and see us.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Algarve Manta Properties, Santo Antonio (reference 3492) 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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