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  1. Home
  2. Algarve Investment With Two 3 Bed Apartments & Bakery In Almancil

Algarve Investment With Two 3 Bed Apartments & Bakery In Almancil

€1,200,000
See All Photos ( 36 )

Property Details

Bedrooms
6
Bathrooms
3
Area
669 m2
Garages
2
Year Built
Lot Size
1400 m2
Property ID
apx_apa_547

Description

Algarve Investment With Two 3 Bed Apartments & Bakery In Almancil - located near the train station, this property has two 3-bedroom apartments with a shared swimming pool plus a fully equipped bakery. As an investment opportunity, the location will attract potential tenants making it an ideal spot for both residential and commercial interest. The apartments and bakery could be rented out or alternatively offers the opportunity to operate the bakery with on site accommodation also. The two 3-bedroom apartments offer spacious and comfortable living and each measures 126m2. Each apartment has a lounge and dining room, kitchen breakfast room, 3 bedrooms and a bathroom. Outside there is a shared swimming pool and gardens plus off-road parking. In addition, the bakery measuring 417m2 is ready for operation, presenting a turnkey business opportunity with all necessary equipment in place with parking and carports. Almancil is a working town and parish in the Loulé Municipality within the area of the affluent Algarve Golden Triangle region. Almancil is known for its three Michelin-star restaurants (the most in any town in the Algarve) having a Karting fun park, the São Lourenço church known for its traditional blue and white tiles, with local supermarkets like Apolonia, Pingo Doce, Aldi, bank and pharmacies, and located 12minutes away from the shopping mall Mar Shopping & Outlet Center. Almancil is just a 20-minute drive from Faro International Airport.

Features

  • garage or carport
  • Golden Triangle
  • guest annexe
  • own pool

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Energy Performance

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100%
€0
€1200000
€0
€1200000
30 Years Fixed
3.5% Interest
  • Principle and Interest

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