Mixed Use Real Estate Asset With Current Income And Optimisation Potential In The Algarve, Near Vila

Mixed-use real estate asset located in the Algarve, 10 minutes from Vilamoura and 15 minutes from Quarteira. Property aimed at investors seeking income already in operation and a rapid increase in yield through residential optimization, while maintaining a competitive acquisition price.
Property Composition: Tourist accommodation (AL / Booking), Apartments under annual rental agreements, Apartments currently occupied by the owners’ family (primary residence), Commercial units (shops), Implemented on a land plot, East–West solar orientation, Private parking, State of conservation: requires semi-renovation works.
Gross Annual Income – Current Situation:
Current total gross annual income: ~ €89,236
Current gross yield: ~ 6.3% (at €1,400,000)
Immediate Optimization Potential
The T2 and T4 apartments, currently used as housing by the owners’ family, may be released for rental at the time of sale.
Estimated total gross annual income: ~ €127,636
Potential gross yield: ~ 9.1% (without change in the sale price)
This asset represents an opportunity because part of the income is already in operation and it has potential for yield increase in the short term. It is located in a strategically consolidated tourist area. In addition, it has mixed use, which allows for risk diversification. Regarding price, it is adjusted to the condition, risk, and appreciation margin.
This is an ideal asset for investors with a medium- and long-term vision, such as:
Real estate investors, entrepreneurs, local accommodation operators, and buyers focused on rehabilitation, income optimization, and value creation.
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