Ideal opportunity for those wishing to invest in rental properties!
This large property consists of four two-bedroom apartments, one one-bedroom apartment and three studios, all with access to a communal swimming pool, garage, barbecue and leisure area.
The property is currently rented on a long-term basis for around €4000 per month, but is eligible for short-term rentals to tourists on a weekly basis due to its AL license.
It is ideally located in a sought-after rural area between Olhão and Tavira.
Situated in a charming rural area, with quick access to the main highway and the EN125 national road, which connects it to Spain, the Western Algarve and Northern Portugal.
It's just a 30-minute drive from Faro airport on one side and a 30-minute drive from the Spanish border on the other.
A short drive takes you to the bustling market towns of Tavira and Olhão, along with coastal fishing villages such as Fuseta and Sta Luzia, where there are numerous first-class restaurants serving fresh fish and seafood.
All the necessary amenities are nearby.
Nearby is the Ria Formosa Natural Park, a favorite resting place for migratory birds.
The Ria, a marine body of water that resembles a river, serves as a divider between the coast and the islands. Its tidal waters create a fertile habitat for marine life such as oysters, clams and countless other species. The ferry service operates from different locations and takes you to various islands, where you can find kilometers of golden sandy beaches.
This area is a popular tourist destination, as well as a place chosen to live by many foreigners from all over the world.