Boliqueime, Boliqueime, Algarve, Portugal | Apartments For Sale at GLOBAL LISTINGS

Report Listing

Apartment For Sale

€350,000

Boliqueime
Boliqueime, Algarve, Portugal

2bd 3ba 120 sqm

Year Built: 0

Listed By: Diamond Properties

Listed On: 05/01/2024

Listing ID: GL11115106 View More Details

Description

GREAT YEAR ROUND INCOME POTENTIAL AND WE'LL MANAGE IT ALL FOR YOU!
If you're an investor this is a great purchase with double rent back for the apartment and store below. We will not just sell it to you, we will find you tenants and manage the tenancy and property for you.

Likewise if you are looking to set-up a business and need a home, you have both in one purchase, or use one and collect rent from the other! Win Win!!

With this single purchase, you own the whole building which includes a ground floor large business premises and a first floor 2 bedroom apartment.

This property has so many possibilities to add value.

You could convert to one large house with space for a cinema room, or two apartments one on the ground floor and one on the first floor, it is perfect to set-up as a small B&B, or leave as it is to make a Passive Income from renting one or both!

Right in the heart of Boliqueime you will find this hidden gem of a
property. With the ground floor historically used as a bank premises. It is laid out to welcome clients with a large reception area, meeting room, male and female public toilets, and a very large space at the back with natural light for an office to house staff and files. Located on a prominent drive through street it has great exposure for passing trade.

Completely separate upstairs is a residential property housing a 2 bedroom apartment, with a separate entrance to the side street. The apartment includes a kitchen, lounge, bathrooms and 2 bedrooms with views across the village down to the sea.

This property has great income potential through renting the business premises or renting the apartment or both, or converting the ground floor into another apartment or leisure space for the apartment such as a cinema room, games room, gym, home office or run a business from home. We can put you in touch with an architect, conveyancing solicitor, builder necessary to purchase and transform this property, subject to the requirement planning approval, licences etc from the Council.

Perfectly located just a short drive to Vilamoura and Faro, this property is
located in one of Loule's most charming parishes, within walking distance to
Bars, cafes. the chemist and a bamk.

Contact
us to book a viewing!

www.DiamondPropertiesAlgarve.com

Ref 296