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2-Bedroom Apartment with Terraces, 2 Pools, Nature Views and AL License for Investors
Faro-Albufeira-Albufeira e Olhos de Água
Ref: 87494647
€399.000
Located in a private, tranquil and gated condominium in Olhos de Água, this exceptional ground floor apartment with 2 bedrooms and 2 bathrooms offers the ideal combination of peaceful beachside living and ready-to-occupy investment potential. Designed with barrier-free ground floor access, suitable for wheelchair users, the property is located just 5 to 10 minutes from pristine beaches, professional-level golf courses, fine dining restaurants, supermarkets and local schools.
Exterior Spaces and Private Terrace
The heart of this home is its spacious private and gated terrace, with direct access from both the living room and the master bedroom with private bathroom. Ideal for outdoor dining and barbecues, the terrace features an outdoor shower and offers direct, unobstructed views over the condominium's lush, well-maintained gardens and two pools (a dedicated children's pool and a large adult pool). Additionally, two separate private balconies overlook the valley, providing tranquil views of the vegetation from the kitchen and second bedroom.
Interior and Functional Layout
Master Suite: Spacious master bedroom with private bathroom and direct access to the main terrace for barbecues.
Second Bedroom: Well-equipped guest bedroom with direct access to its own private valley-facing balcony, located steps away from a complete guest bathroom.
Kitchen and Pantry: Fully functional kitchen equipped with a separate pantry for additional storage and direct access to a private balcony.
Living and Dining Room: Bright and open living space with a fireplace that opens directly onto the main gated terrace.
Parking and Storage
2 exclusive underground parking spaces in a secure garage.
1 large private underground storage room.
Investment Features and License
The property has an active Short-Term Rental (STR/AL) license. Under current Portuguese legislation (Decree-Law No. 76/2024), this active business asset can be transferred at the time of purchase, offering immediate income generation for investment buyers from day one.
Property Features Summary
Property Type: Ground floor apartment (wheelchair accessible)
Bedrooms: 2 (1 with private bathroom)
Bathrooms: 2 complete bathrooms
Exterior Space: Main terrace with barbecue and gate + 2 private balconies
Views: Pool, garden and valley vegetation views
Amenities: Adult pool, children's pool, outdoor shower, gated condominium
Parking and Storage: 2 underground parking spaces + spacious private storage
Location: Olhos de Água, 5 to 10 minutes from beaches and golf course
License: Active AL (short-term rental) license
Contact us to schedule a viewing today!
2
Bedrooms
2
Bathrooms
104
Area
4
Total rooms
Yes
Balcony
Yes
Terrace
Charcoal
Heating
104 m2
Building area