Faro

Olhos de Agua | Algarve

The Signature of

Estate Style

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NovusMed

Presented At

€800,000

Bathrooms

Living

2,670

SQM

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Faro

Olhos de Agua | Algarve

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

Gallery

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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

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

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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This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
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Frequently Asked Questions

Common questions about this property

What is the size of Faro, Olhos de Agua, Algarve, Portugal?

This property offers 2,670 square feet of living space.

What is the listing price for Faro, Olhos de Agua, Algarve, Portugal?

This property is listed at $80,000,000, which equals $29963 per square foot.

What type of property is Faro, Olhos de Agua, Algarve, Portugal?

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.