R. 1º de Dezembro, Alvor
Alvor, Portimão 8500-007
Portugal

CO-BROKE

Property

Ownership: For Sale
Type: Development Site
Bedrooms: 2 BR
Bathrooms: 2
Pets: Pets Allowed
Area: 116M² (1249.0 sq ft)
Lot Size: 136 M²
Council Tax Band: TBC
Energy Certificate Rating: F

Financials

Price:€351,000
($378,967.68)

Description

Seize this rare opportunity to acquire a 2-bedroom house in the highly sought-after area of Alvor, Portimão! With a redevelopment project in place, this property offers the potential to be converted into two independent T2 units, making it an excellent choice for rental income, holiday lets, or resale appreciation.

Investment Highlights:

Prime Location – Just minutes from the beach, close to restaurants, shops, schools, and public transport.
Expansion Potential – Option to modernize and convert into two T2 units, maximizing rental returns.
Great Layout – Entrance hall leading to a living room, two bedrooms, bathroom, and kitchen.
Outdoor Space – Small courtyard with access to an additional kitchen, dining area, annex with storage, and a bathroom.
Upper Floor – Two additional rooms and an extra bathroom.
High Rental Demand – Ideal for short-term or long-term rentals, ensuring excellent income potential.

Property Details:

  • Current Layout: T2 with expansion possibility.
  • Usable Area: 116 m2 | Gross Area: 136 m2
  • Energy Certificate: F
  • Condition: Habitable with potential for value appreciation.

This is a rare investment opportunity in one of the most desirable areas of the Algarve, perfect for investors looking to generate steady rental income or capitalize on property appreciation.

📩 Contact us today for more details and to schedule a viewing!

Amenities

  • Close to local beaches and amenities
  • Development Opportunity
  • Great Investment Opportunity
  • Great quiet location
  • Near boutique shops, restaurants and cafes
  • Scope To Increase Rent

Neighborhood

More listings:

Expandable Property in Alvor, Portugal! Prime Investment Opportunity


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.