Albufeira, Faro

Price Reduced
Asking Price:
€950,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

THIS COMPLEX IS OFFSHORE AND BEING SOLD AS PROPERTY VALUE ONLY

FANTASTIC OPPORTUNITY to buy this small private complex which has been greatly reduced for a quick sale.

The complex would be ideal for a family business, providing a great living and wonderful life style in the sunshine too!

The property consists of 3 main buildings:

5 cottages: 4 x 1 bedroom and 1 x 2 bedroom all with private patios and open log fires.

Originally 8 apartments all with own private patios/balconies, we have renovated these into 3 x 1 bedroom apartments and 3 x 2 bedroom apartments which can easily be returned to their original state.

5 cottages: 1 x 2 bedroom and 4 x 1 bedroom all with own private patios.

There is also staff accommodation and a warehouse on site which we are currently considering turning into a villa, this would be great for owners accommodation.

There is a large enclosed swimming pool, crazy golf and fish pond which are all set in beautiful well established gardens.

The complex would be suitable for numerous opportunities i.e. tourism, a retreat, homes for the retired/elderly, long term let's etc. Over the years there have been many creative people here, musicians, artists, authors all who have found it a very tranquil and relaxing place to be.

If you are looking for a business and a great way of life then you must come and visit to see for yourself what a lovely place and great opportunity this is. We have had a very happy life here but unfortunately due to old age and deteriorating health we have to put the property up for sale.