Villa in the Algarve, renovated in 2023. 4 bedrooms, 2 bathrooms, 108 m² on 1,100 m² land. Expansion up to 300 m². South-facing garden, swimming pool, close to Faro Airport. Ideal for Airbnb or family.

€560,000

Faro (Sé e São Pedro), Faro

Residential House for sale in Faro (Sé e São Pedro), 108 m²

Faro (Sé e São Pedro), Faro

€560,000

Ref:86370650
5Rooms
4Bed
2Bath
108
Type: Residential House

Description

Detached Villa with Expansion License – Unique Investment Opportunity in the Algarve Location and Surroundings Located in a quiet and verdant area, just 7 minutes' drive from Faro Airport, sits this fully renovated detached villa. Its location is particularly privileged: close to the beach, shopping centre and historic centre of Faro, yet with all the privacy and serenity expected from an independent property. The region offers excellent accessibility and an attractive climate, making this villa ideal for both permanent residence and holiday accommodation or investment with high income potential. Villa Features The property is set on a spacious 1,100 m² plot of land and has a building area of 108 m². In 2023, a complete renovation was completed, combining high-quality materials and modern equipment, resulting in a comfortable, bright and functional home. The villa comprises: Four bedrooms with excellent natural light and practical layout Two modern bathrooms, fully renovated Large south-facing garden, ideal for leisure and outdoor gatherings Removing swimming pool, perfect for hot summer days Fully fenced land with electric gate with remote control Pet-friendly environment with plenty of outdoor space Thanks to its south-facing orientation, the garden enjoys sunlight throughout the day, enhancing the welcoming and inviting atmosphere of the villa. Expansion Potential One of the most attractive aspects of this property is the existing license to expand the building area up to 300 m². This possibility opens space for several development scenarios, namely: Creation of a larger family home with additional leisure areas Construction of independent accommodations or chalets for tourist rental Development of a small tourism project with multiple units, ideal for rental through Airbnb, Booking.com or similar platforms The adjacent land offers ideal conditions for further expansion or construction of complementary units, significantly increasing the overall value of the investment. Investment Potential This villa offers not only a comfortable residential environment but also an excellent investment opportunity. The combination of factors such as: proximity to the airport, privileged location in the Algarve, legal expansion potential, and strong local rental market, makes this property highly attractive for those seeking solid short and long-term returns. The villa can be immediately inhabited or rented out, while simultaneously offering the possibility of future development and asset appreciation. Summary of Main Features Land: 1,100 m² Building area: 108 m² (expandable up to 300 m²) Fully renovated in 2023 4 bedrooms and 2 bathrooms South-facing garden with removable swimming pool Fully fenced land with electric gate Quiet area, just 7 minutes from Faro Airport Close to beach, shopping centre and Faro centre Excellent conditions for short-term rental / Airbnb Pet-friendly environment Conclusion This detached villa combines modern comfort, expansion potential and property appreciation, situated in one of the most desired locations in the Algarve. Whether you seek a permanent residence in the sunshine of southern Portugal, a second home with income potential, or a strategic investment in the growing Algarve real estate market, this property brings together all these qualities. A rare opportunity to live, enjoy and invest in one of the most enchanting regions of the Algarve.

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