UNDER OFFER- Spacious Guest House divided into five apartments - € 595,000

Ref: CNV4590
€ 595,000
Olhos de Água
7  (5+2)
Built area
Plot area
30 mins drive
10 mins walk
1.5 km
10 mins walk
10 mins walk
10 mins walk
Energy rating

Property features

  • Countryside views
  • Air conditioning
  • Swimming pool
  • Terrace
  • Balcony
  • Garden
  • Parking (private)
  • Kitchen fully equipped
  • Laundry room
  • Automatic gates w/ intercom
  • Irrigation system
  • Outside shower
  • BBQ
  • Safe

Property overview

UNDER OFFER- Fantastic, spacious property, built over three floors and divided into five large self contained apartments, located just outside Olhos de Água, on a ten minutes walking distance to the beach and town centre. Successfully active as a Guest House, with updated AL license and positive reviews. The property has an outdoor swimming pool surrounded by a landscaped garden. Each apartment has air conditioning in the bedrooms. The garden has barbecue facilities, a jacuzzi hot tub and a spacious off road parking area. Ideal as an investment property, for rentals or for large families!

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Property location

Olhos de Água

The small fishing village of Olhos de Água has expended to become one of the most sought after tourist towns and is six kilometres east of Albufeira. Olhos de Água has a place in history due to its relevance as a surveillance point for the town of Albufeira since the 17th century. Its name comes from the sweet water springs that form "eyes"  from the sea bed, resulting in a natural phenomenon of rare beauty, called Olheiros. There are many modern quality apartments within walking distance to a wonderful beach and the town enjoys some superb restaurants, cafes and bars with an abundance of shops. The Sheraton Pine Cliffs Golf resort is near by as well as Falésia beach and Açoteias sports development and running track.

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