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Faro
Olhos de Agua | Algarve

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NovusMed
NovusMed
Presented At
€800,000
Bathrooms
1
Living
2,670
SQM
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Faro, Olhos de Agua, Algarve, Portugal. , Olhos de Agua , Algarve

Algarve, Faro Albufeira, Olhos D'agua building with restaurant and bar with accommodation.

Algarve, Faro Albufeira, Olhos D'agua building with restaurant and bar with accommodation. Building composed of two floors where on the ground floor there is a restaurant and Bar with License, fully equipped and furnished in operation and on the top floor a T2 apartment comprising kitchen, lounge, 2 bedrooms with wardrobes, bathroom and two balconies. The house is located on a plot that also allows for a mini vegetable garden, has space for customers' cars and a closed garage on the side. The building is located next to the Albufeira-Quarteira road, with easy and convenient access, with excellent parking for customers, the location is very good for developing a commercial activity. The Albufeira
  • Vilamoura axis access road is one of the busiest in the Algarve throughout the year, both for residents and tourists of all nationalities, this being an extremely important factor for the commercial quality of the building.
The composition of the building is ideal for those who want to work on their own business with housing together and thus better be able to dedicate themselves to it. Albufeira is the municipality in the Algarve with the highest number of tourist beds and the one in which the occupancy rates of hotel units and local accommodation beds is the highest, an area where seasonality is less felt. For this high occupancy value, the good road and communications infrastructure, collective public facilities, good diversified commercial units, magnificent beaches and the central location in the Algarve, about 30 minutes from Faro international airport, contribute greatly to this occupancy rate. Good real estate investment Energy Rating: E #ref:CO

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Map showing Faro, Olhos de Agua, Algarve, Portugal.

Property Location

Faro, Olhos de Agua, Algarve, Portugal., Olhos de Agua Algarve

Local Weather & Climate

Olhos de Agua, Algarve

Current Conditions Updated recently
66 °F
Clear sky
Feels Like 65°F
Humidity 49%
Wind 17 mph
Visibility 6.2 mi
Sunrise 6:42 AM
Sunset 6:40 PM
5-Day Forecast
Mon 16 Mar
Clear
High 66°
Low 58°
Tue 17 Mar
Clouds
High 62°
Low 54°
Wed 18 Mar
Rain
High 61°
Low 57°
Thu 19 Mar
Rain
High 60°
Low 54°
Fri 20 Mar
Rain
High 60°
Low 55°
Data from OpenWeatherMap

Mortgage Calculator

Estimate your monthly payments for this property

%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Portugal)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Frequently Asked Questions

Common questions about this property

This property offers 2,670 square feet of living space.
This property is listed at $80,000,000, which equals $29963 per square foot.
This is a other located in Olhos de Agua, Algarve. The property is situated in an established neighborhood with convenient access to local amenities and services.
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