Investimento Imobiliário Com 12 Apartamentos T1 Arrendados Em Almancil
12 Baths
6,502 Sqft
Updated: August 9
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About the Property
REAL ESTATE INVESTMENT WITH 12 RENTED T1 APARTMENTS IN ALMANCIL
3 URBAN PROPERTIES | CONSOLIDATED INCOME | APPRECIATION POTENTIAL
Real estate investment opportunity in Almancil, comprising 3 urban properties currently containing 12 T1 apartments, all rented, generating a gross monthly income of €3,390, equivalent to €40,680 per year.
The 3 properties are being acquired t
REAL ESTATE INVESTMENT WITH 12 RENTED T1 APARTMENTS IN ALMANCIL
3 URBAN PROPERTIES | CONSOLIDATED INCOME | APPRECIATION POTENTIAL
Real estate investment opportunity in Almancil, comprising 3 urban properties currently containing 12 T1 apartments, all rented, generating a gross monthly income of €3,390, equivalent to €40,680 per year.
The 3 properties are being acquired together, allowing the investor to purchase 12 residential units in a single transaction, with established income distributed across several rental agreements, providing diversification and greater income stability.
Some of the units have older rents below current market values, creating potential for future income optimisation. This possibility should be assessed according to the existing rental agreements and applicable legal framework.
With a sale price of €685,000 and gross annual income of €40,680, the investment offers an approximate gross annual yield of 5.9%, before taxes, expenses and operating costs.
According to the property documentation, the 3 properties have a combined land area of 556 m² and a total gross construction area of 704.25 m².
Location is another key advantage of this investment. Almancil benefits from a strategic position in the Algarve, close to the Golden Triangle and near Quinta do Lago, Vale do Lobo and Faro International Airport.
Demand for permanent housing and investment, combined with proximity to the Algarve’s main residential and tourist hubs, reinforces the appeal of this location and the asset’s medium and long term appreciation potential.
KEY INDICATORS
3 urban properties 12 T1 apartments 100% rented Gross monthly income: €3,390 Gross annual income: €40,680 Gross yield: approximately 5.9% Total land area: 556 m² Gross construction area: 704.25 m² Sale as a single package Almancil, Algarve Sale price: €685,000