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Business Opportunity For Sale in West Algarve

In Salema, Vila do Bispo

investment opportunity portugal ,algarve real estate agents,portugal property,west algarve developments

  • 10
  • 12
  • 240.82 m2
1.050.000 €

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Business Opportunity For Sale in West Algarve

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Business Opportunity For Sale in West Algarve

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Business Opportunity For Sale in West Algarve

Description

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Commercial property for sale in Salema

A fantastic business opportunity for sale in Salema, found in West Algarve, this property is ideal for those looking to expand their property portfolio or to purchase as a rental investment.


Comprised of three different units, all of which are located just a short walking distance away from one of the Algarve’s stunning beaches, along with all the local amenities such as supermarkets, bars, restaurants and more. With a great location this property would benefit lucratively from the tourism industry through short term/holiday rentals.


Each unit offers spacious rooms, fitted kitchens, an open plan lounge with a dining area, both covered and uncovered terraces which are great for sun exposure during the summer period. Additionally, they come equipped with air-conditioning, double glazed windows, solar panels and private parking. Some of the terraces benefit from sea views and a peaceful countryside view.


The ground floor is a five bedroom, six bathroom apartment covering the entire lower floor, where as the two units on the first floor are two bedroom, three bathroom apartments with their own studios on the top floor.


There is sufficient grounds for a communal swimming pool to be installed if desired and the correct permissions have been obtained which could result in a higher rental yield.


If interested in purchasing units individually this option is available, just get in touch with a member of our team and they will be happy to help.


Salema is one of the Algarve's best-kept secrets and one of the few coastal villages that has yet to be filled with newer developments.  Each year it is becoming an increasingly popular tourist destination and with it being close to Vila do Bispo, which is a pretty town with some older, more traditional Portuguese houses clustered around the 16th century church, it provides a great location for a day out of sightseeing.


 

We're still open for business and are able to help you with your search for a property in Portugal. Get in touch to organise a video tour with one of our consultants enabling you to be able to ask any questions you need to while viewing properties virtually. 

 

Check out our latest reduced properties in our "Online Sale", offering properties for sale across the Algarve now's the time to bag a bargain! 

 

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Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 80% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live

 

More Info... 

Stay up to date on great properties with our Newsletter and follow us on Facebook - If you are looking for Property for Sale in Portugal and the Algarve Ideal Homes Portugal are the company for you.
 
 

Property Details

  • Reference IDH31442
  • Type Commercial property
  • Certification C
  • Bedroom(s) 10
  • Bathroom(s) 12
  • House area 240.82 m2
  • Land area 1528 m2
  • Zone Salema
  • Region Faro
  • Features:
  • Air conditioning
  • Double Glazed Windows
  • Fitted Kitchen
  • Walking distance to beach
  • Fireplace
  • Fitted Wardrobes
  • Solar Hot Water
  • Mountain View
  • Ocean View
  • City View
  • City View
  • Panoramic Sea Views
  • Walk to Amenities
  • Near Markets
  • Near Medical Facilities
  • Transferable Business License
  • Near Beach
  • Near Shopping
  • Near Schools
  • Terrace
  • Parking Space