Investment Properties for sale in Algarve

View the "Algarve Rental Income and Growth Opportunity" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Thanks to your site we're now proud owners of a Freehouse with letting rooms in the West Country! 

Mr & Mrs Campbell (Jan 2015)
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Freehold Price: £195,000 Annual Turnover: £14,000 Annual Net Profit: £10,000
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Business Description
Here is a great opportunity to purchase a well maintained "ready to go" holiday rental property in the sunny Algarve. This two bedroom townhouse is part of a small secure ubanisation with swimming pool and within walking distance of Old Town Albufeira, Fisherman's Beach,, restaurants, shops and other amenities.

With property management already in place, this business can easily be run from anywhere in the world for little effort. In addition the property can provide the purchaser with a holiday/second home.

This property was our home for a number of years and is therefore very well furnished and equipped. It has been rented out to holiday-makers very successfully for two years. We have many "highly recommended" testimonials / reviews from previous guests

Property Description:
*Entrance to Casa Cegonha is through security gates, leading to the car port at the front of the property.
*A light and airy townhouse which has panoramic views.
*Fully equipped kitchen, with electric oven and gas hob, microwave, fridge freezer, dishwasher and washing machine.
*The dining area and spacious lounge is split level with feature log-burner. Sliding doors lead out to an attractive elevated private patio/decked area which overlooks the pool and gardens.
*The two bedrooms are each on separate levels with their own en-suite bathrooms, large built-in wardrobes and sun-terraces.
*There is a second ground floor shower room with washbasin and wc.
*Air conditioning throughout.
*In addition to small private garden there are communal gardens and pool.
*Fully equipped for holiday rental with all furniture, linen, crockery, cutlery etc included in selling price.

Now is a good time to buy property in Portugal as prices are beginning to rise offering good prospects for future capital growth.

Initial guidance and assistance in all aspects of successfully renting this property can be given if required.
Trading Hours:
Minimal input required to administer bookings and management. We already have local property managers on hand. All bookings, payments, advertising and correspondence conducted over internet.

Tenure: Freehold

Support & Training:
Although rental advert is currently dormant, it can be restored very easily. All contacts including previous guests will be handed over. Further ongoing advice given if required on request.

Location Details:
Quiet, yet close to popular tourist area of Old Town Albufeira.

Is this business home based: Yes

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