Located on one of the best beaches in the Algarve, this three-storey villa is a unique and rare building. Just 100 meters from the Ria Formosa, the top floor enchants with a breathtaking view over Praia da Fábrica.
The property is currently divided into 6 apartments for use as local accommodation, but it is possible to change the configuration with various options.
On the top floor, the 'Ático' offers an open-plan living room with kitchen and a spacious bedroom, with a direct connection to two terraces; one on each side, both with stunning views.
The middle floor is divided into two apartments:
a one-bedroom with open space and a bathroom.
The T2 has two bedrooms, one next to the other. The entrance to this apartment is through the open space with a large living room and a modern kitchen. It has a full bathroom.
Downstairs, a division has been made to create three apartments:
Two T2 and one T1, each with its own open space living room with kitchen and a full bathroom.
The two-bedroom apartments have a spacious bedroom and a small bedroom.
The one-bedroom apartment, with its spacious bedroom, is set back and accessed via a patio with plenty of privacy.
In all cases, there are patios for enjoying the outdoors, just a minute from the Ria Formosa.
This property presents itself as an exceptional and very rare opportunity to invest in Praia da Fábrica (Cacela Velha), where there are hardly any products available. The asking price is below the value obtained in an independent appraisal.
As an investment, it offers excellent profitability and a quick return.
For private use, it is an exclusive and comfortable property, incomparable to any other in the area.
