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House / Building / AL T8 at Praia da Fábrica
Faro-Vila Real de Santo António-Vila Nova de Cacela
Ref: 86056109
€1.980.000
Property located on one of the finest beaches in the Algarve, this three‑storey house/guesthouse is a unique and rare building. Situated just 100 metres from Ria Formosa, its top floor dazzles with an exceptional view over Praia da Fábrica.
Currently, the property is divided into six apartments for short‑term let, but the layout can be altered in several ways.
On the upper floor, the ‘Penthouse’ offers an open space with living room and kitchen, plus a spacious bedroom that opens onto two terraces – one on each side, both providing stunning views.
The middle floor is split into two units: a T1 in open‑plan layout and a bathroom.
The T2 features two bedrooms side by side. Entry to this apartment is through the open‑plan area with a large living room and a modern kitchen. It includes a full bathroom.
On the ground floor, a division has created three apartments: two T2s and one T1, each with its own open‑plan living room with kitchen and a full bathroom. The T2s have, respectively, a spacious bedroom and a smaller one. The T1, with a generous bedroom, is set back and accessed via a private patio.
In all cases, there are patios to enjoy outdoor life, just one minute from Ria Formosa.
This property presents an exceptional and very rare opportunity to invest in Praia da Fábrica (Cacela Velha), where listings are almost never available. The asking price is below the value obtained in an independent appraisal.
As an investment, it offers excellent yield and a quick return.
For private use, this is an exclusive and comfortable property, incomparable to any other in the area.
The location is unrivalled.
14
Bedrooms
293,9
Area
