Terraced House, Quarteira, Faro
199.000 €
We present a House for Reconstruction with High Investment Potential in Quarteira. In the heart of one of the most sought-after areas of the Algarve, this excellent investment opportunity arises: a house for reconstruction, located just a 10-minute walk from Quarteira beach, in a consolidated urban environment, with shops, services and restaurants nearby. Set on a plot of approximately 140m², this property offers a solid foundation for the development of a modern and highly attractive residential project. Previously, there was an architectural project for the construction of a two-story house with four bedrooms, which can serve as inspiration or a model for the future reconstruction, allowing you to make the most of the available space. Project Proposal: GROUND FLOOR: - Spacious living room, ideal for socializing and leisure - Functional kitchen - 1 bedroom - Service bathroom - Pantry - Laundry area - Garage - Backyard, perfect for an outdoor leisure area FIRST FLOOR: - 1 en-suite bedroom with walk-in closet - 2 bedrooms - 1 full bathroom to support the bedrooms Investment and Profitability Potential The Algarve real estate market, and in particular Quarteira, continues to show strong demand, both for owner-occupied housing and for investment with rental income purposes. The proximity to the beach, combined with the possibility of creating a modern, spacious and well-distributed house, makes this property extremely attractive for: - Long-term rental - Short-term rental / local accommodation - Owner-occupied home with high potential for future appreciation This is a rare opportunity to create a tailor-made property in a strategic location with strong tourist and residential demand, guaranteeing excellent potential for appreciation and profitability in one of the country's most dynamic markets. A safe, versatile investment with enormous potential for appreciation in the Algarve real estate market.
ERA Faro