Residential Building | Cerro Malpique – Albufeira | 4 Floors | Ocean View

A 4-story residential building with ocean views located on Travessa do Cerro Malpique in Albufeira.
Built in 1971, this property has enormous potential for rental by the room or by the floor, given its location and the number of rooms that can be used as bedrooms.

GPS: [hidden information]

If there are properties that require a visit to understand their true potential, this is one of them.

Overall, given the current layout, it has 304 m², distributed as follows (as you can see from the floor plans):

Basement (although it is at ground floor level due to the slope)
- Living room and kitchen;
- Bedroom;
- Bathroom;
- Laundry room;
- Storage room.

Total area: 91 m²

Ground Floor
- Spacious living room with two windows;
- Kitchen with pantry;
- Storage room (formerly a half-bath);
- Bathroom;
- Bedroom;
- Covered balcony.

Total area: 79 m²

1st Floor
- 2 bedrooms;
- Balcony;
- Kitchen and dining area on a covered balcony;
- Bathroom;
- Living room.

Total area: 72 m²

2nd Floor (building terrace with a roof added):
- Bedroom;
- Living room;
- Kitchen and dining area;
- Bathroom and laundry room.
Total area: 62 m²

It is important to note that this building is fully owned and is strategically located in the heart of Albufeira.

Relevant information:
- Annual Property Tax (IMI): €671.13
- Basic Sanitation: Yes
- Municipal Water: Yes
- Condition: Used, but well-maintained.

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