This high-yield residential investment property in the Central Algarve presents a rare opportunity to acquire a multi-unit building with four independent apartments, three of which have been fully renovated, and crucially, benefiting from an active Airbnb / short-term rental license, allowing for immediate income generation in one of the region’s most strategically located and increasingly sought-after areas — Sítio dos Quartos.

The property is composed of four self-contained two-bedroom apartments, an extremely attractive and high-demand typology for both short-term holiday rentals and long-term residential lets. The consistent layout across all units allows for efficient property management, diversified rental strategies, and strong market appeal to a broad tenant profile including tourists, professionals, couples, and small families.

To the rear of the building, residents benefit from a dedicated outdoor leisure area, significantly enhancing the guest experience and long-term rental appeal. At the front, the property offers off-street parking, a highly valuable feature that increases convenience and strengthens market competitiveness.

Further enhancing the investment profile is a private single-car garage, ideal for secure parking, owner use, storage, or additional rental income. A separate laundry and utility outbuilding supports operational efficiency and is particularly advantageous for short-term rental operations.

Located in a peaceful yet well-connected residential zone, the property benefits from proximity to key amenities, main road access, employment centres, and the Algarve’s most important lifestyle and commercial hubs. Its slightly elevated position near the crest of the area further contributes to its long-term desirability, privacy, and capital appreciation potential.

This is an outstanding income-generating asset offering a combination of renovated units, outdoor spaces, parking solutions, operational infrastructure, and an active Airbnb license — making it ideal for investors seeking a secure and scalable foothold in the Central Algarve rental market.

Located in Sítio dos Quartos, within the municipality of Loulé, this property enjoys a central Algarve position, strategically set between the coastline and the region’s main urban and lifestyle hubs. It is just minutes from Almancil, Quinta do Lago and Vale do Lobo, highly sought-after areas renowned for their beaches, championship golf courses, luxury resorts and premium dining.

With excellent access to the EN125 and A22 motorway, the property offers fast connections across the Algarve and to Faro International Airport, a key factor for the success of short-term rental and Airbnb operations. The proximity to local commerce, services and employment centres also strengthens its appeal for long-term residential rentals.

This combination of centrality, accessibility and closeness to high-demand tourist destinations makes the location particularly attractive for investors, supporting strong occupancy rates, rental liquidity and long-term capital appreciation.
REF: W-047ZB2