Your Property Specialists
Full Screen

What is the investment potential of a coastal property in Algarve?

House in Figueira

ref. LW2096
796.300€
  • NA
  • 1
  • 1
  • 50m2
  • 10.080m2

Investing in coastal property in Algarve, particularly this unique beach cottage near Figueira, presents an attractive opportunity. Priced at €796,300, this property not only serves as a beautiful getaway but also shows significant rental potential with its ideal location just 100 metres from the beach. The 1-bedroom, 1-bathroom house has been converted from a pre-1951 barn, leveraging its heritage while providing a modern living environment.

The expansive plot of 10,080 m² ensures privacy and flexibility, making it perfect for holiday rentals. Given the popularity of the Algarve region among tourists, the potential for a high return on investment through short-term letting is substantial. The surrounding area boasts numerous golf courses and charming villages, appealing to a wide range of renters.

Owning this beach house means you can take advantage of the growing interest in coastal properties, making it a sound financial investment. The local amenities in Figueira, along with its connectivity to larger towns, enhance its appeal as a lifestyle choice. As property values in desirable coastal areas continue to rise, securing this cottage ensures you are investing wisely.

Seize this opportunity to diversify your investment portfolio! Contact us to discuss how this coastal property can be a part of your investment strategy.

Usage
Residential
Type
House
Town
Figueira
Parish
Vila do Bispo e Raposeira
Municipality
Vila do Bispo, Faro
Region
Algarve (West Coast)
Construction Year
1951
Renovation Year
2008
Rooms
3
Bedrooms
1
Bathrooms
1
Floors
1
Furnished
Fully
Living Area
50 m²
Usable area
50 m²
Plot Area
10.080 m²
Country Road
Parking outdoors, Private Parking, Entrance gate
Open Plan
Kitchenette
Electric heaters
Water tank, Photovoltaik, Septic tank, Gas Bottle
Double glazing, Manual Shutters/Blinds
Private, Landscaped, Natural
Panoramic View, Sea View
● Living Area 50m², Construction Area 50m²
● Plot 10,080m².
● Year of Construction Pre-1951
● Year of Renovation 2008
● 1 Bedroom, 1 Bathroom
● Minutes from the centre of Figueira
● 100m from the Beach

A truly unique, private little beach house on a large plot of land located near Figueira in the West Algarve. The property currently classified as a Pre-1951 barn, has been internally converted to 1 Bedroom, 1 Bathroom with an open plan living/dining and is used as a peaceful holiday home. A request has been submitted to change the official classification to habitation, nevertheless it is a perfectly adequate and beautiful little property. A rare gem this close to the beach!

The property consists of:
Ground Floor:
● Small entrance hall
● Living/Dining room
● Small modern partly fitted Kitchen
● 1 bedroom
● 1 bathroom

External:
● Outside parking
● 10,080m² plot
● Seating area
● BBQ area
● Cupboard gas bottles

Amenities

● Water tanks
● Solar panels for electric
● Gas bottles for cooking and water heater

Location

• 100m from the Beach
• 3,6km to Figueira
• 5,4km to nearest golf course
• 3,6km to nearest school
• 104 km to Faro airport


Enquire Now   +