Premium New development

3 Bed House for sale

Carvoeiro, Algarve, Portugal

£788,578 *  [€950,000]

3 Bed House for sale

Carvoeiro, Algarve, Portugal

£788,578 *  [€950,000]

Property Details


  • Bedrooms: 3
  • Bathrooms: 2
  • Plot size: 170 m2
  • Habitable space: 106 m2

Features


  • Three bedroom apartment plus restaurant and bar or one large villa
  • Steps from the beach and with views of the sea
  • Spacious terrace
  • Prime location with lucrative business opportunity
  • Possibility to convert to 5 bedroom villa

Full Description


Property Reference: 2711-31

Located in the heart of the thriving fishing village of Carvoeiro, this ocean front property boasts beautiful views.  It is currently configured as a  3 bedroom apartment upstairs and a restaurant/bar on the ground floor.

There is also the possibility of converting this property into a stunning 5 bedroom villa just a few steps from the beach. Alternatively there is the superb revenue generating opportunity of letting the existing fully-equipped restaurant/bar and even the upstairs apartment in this tourist haven.

Apartment

An attractive three bedroom apartment with awesome ocean views is located on the upper level.  All three bedrooms face the sea, while the open-plan living room and kitchen is on the opposite side with patio doors to a wraparound terrace.  The bathroom has a walk-in shower plus bath tub.

Restaurant and Bar

The successful restaurant has an attractive horseshoe shaped bar and plenty of internal room for dining or relaxing. There are two sets of toilets for male and female and also a separate staff toilet in the back.

The fully equipped commercial kitchen is set up and ready to go, complying with Health and Safety measures. The restaurant is fitted with Bose surround-sound speakers. 

The outside terrace overlooks the ocean and beach and is a fabulous entertaining area, with plenty of room for al fresco dining.

The restaurant is fully equipped, including furniture, and ready to operate.  Seating capacity is 24 inside, 30 outside.

This could be rented to generate an income year round while living in the apartment above.

Location

This fantastic property is just steps from the main beach square and beach and is in one of the most desirable locations.

All amenities are a short walk away, as is the daily fresh produce and fish market. It is close to multiple golf resorts and only 10 minutes from an international school.  Faro airport is only 40 minutes away.
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Map may not show exact location

This property listing (ref: 2711-31) is an advertisement supplied by SeaToSky Homes and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8301 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.