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Algarve, Albufeira, Portugal

€365,000
IAD, Porto
PROPERTY TYPE

Detached

BEDROOMS

2

BATHROOMS

2

SIZE

1,184 sq ft

110 sq m

Description

2-Bedroom House for Renovation | Alto dos Caliços Urbanization | Albufeira

Located in the well-established Alto dos Caliços Urbanization, this 2-bedroom house represents a real opportunity for those seeking a rehabilitation project in one of Albufeira's most stable and sought-after residential areas.

This property requires comprehensive intervention. It's not a "turnkey" solution.

It is, rather, a structural base with clear potential for appreciation, whether for owner-occupancy or for operation in the annual or seasonal rental market — always with a focus on renovation and personalization.

Location and context:

Alto dos Caliços is an urbanization with consistent demand, especially due to its central location and proximity to:

Albufeira city center
Beaches
Schools and public services
Supermarkets and local shops
Quick access to main highways

The scarcity of properties for renovation in this area is evident. Most of the opportunities available on the market are already renovated, and this is reflected in the price. Here, the key difference lies in the possibility of acquiring a property below the price of a finished product and executing a project tailored to your profile and strategy.

Property Layout

Entrance Floor:

Living and dining room
Kitchen
Pantry
Service bathroom
Outdoor area with terrace
Space planned in the floor plan for parking 1 vehicle

It is important to clarify that the space intended for parking is currently closed and used differently from what was originally planned. However, it can be reconfigured according to the approved floor plan.

Despite this, there is easy parking in the surrounding outdoor area.

It also includes an outdoor barbecue area, with interesting potential after refurbishment.

First Floor:

2 bedrooms with built-in wardrobes
1 full bathroom with natural light
Bedroom hallway also with natural light

Basement:
Currently adapted as an independent unit designed for seasonal rental income. This configuration should be technically analyzed within the scope of the renovation, depending on the future owner's objective.

State of Conservation:

The entire property requires complete renovation. Installations, finishes, aesthetic and functional updates should be considered in a consistent work plan.

It is essential to emphasize:
The photographs presented have been edited to show the property organized and visually clean, offering a possible post-intervention view. However, they do not 100% reflect the current real state of the property.

Recommended buyer profile:

This property is not suitable for those seeking an immediate housing solution without additional investment.

It is suitable for:

Investors with a vision for appreciation
Buyers who wish to fully customize their home in the Algarve
Annual or seasonal rental strategy after work
Second home project with income potential

In an area like Albufeira, where the available product for rehabilitation is increasingly scarce, opportunities with this configuration become strategic when well analyzed.

If you are looking for room to create value — and not just pay for the value already created — this could be a solid foundation for your next investment.
#ref: 854873

Algarve, Albufeira, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 854873) 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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