Remodeled 6-bedroom villa with 348 sqm of gross construction area, garage, heated swimming pools, and garden, situated on a plot of land measuring 2,020 sqm in Porches, Algarve. This villa is spread over three floors and is sold furnished. On the ground floor, it offers five bedrooms, three of which are en-suite, two bathrooms, a living room, a dining room, and an open-plan kitchen. On the first floor, there is a bedroom en-suite and a large balcony. In the basement, there is a large storage room that the owner has converted into a 2+1 bedroom apartment, along with an outdoor area that includes two heated pools, a water cascade, garden, and barbecue. The villa is rented on a weekly basis, generating an income of 120,000€/year, which represents a profitability close to 10%. Porches is a small village located between Lagoa and Albufeira, known for its famous ceramics and unique beaches with cliffs and caves. Porches was once home to a significant community of fishermen, but today tourism, rather than fishing, is the main source of income for the local population. Located just a 5-minute drive from Nossa Senhora da Rocha Beach, supermarkets, and renowned resorts such as Vilalara and Vila Vita Parc. It is also a 10-minute drive from the Nobel International School, 50 minutes from Faro Airport, and 2 hours and 30 minutes from Lisbon.
This property was published in properstar.pt
You can make your query directly in the original ad.
View adWhen contracting a property, it is important to be very careful and always corroborate the information of who is offering it.
It is also key to be suspicious if the photographs do not seem real, if the prices are very low, if they ask for money in «advance», if the owner does not identify himself with a landline or if he refuses to give any type of information.
Yumblin is a meta property search engine, it is not a real estate agency or the owner of the published properties.