Building for sale in Vila Nova de Cacela, Vila Real de Santo António RE/MAX Portugal

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  • Property typeBuilding
  • Sale € 2.000.000
  • Area540 m² | 545 m²
  • Construction1994
  • CountyFaro
  • TownVila Real de Santo António
  • Parish
    Vila Nova de Cacela
  • REFPT-125211232-10
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540 m²
545 m²
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Description

BUILDING IN VILA NOVA DE CACELA / 9 RESIDENTIAL UNITS, 3 SHOPS AND GARAGE / 1.5 KM FROM THE BEACH
An investment opportunity in the heart of the Algarve, where the property's versatility combines with its proximity to the sea!
We present this building located in Vila Nova de Cacela, in the municipality of Vila Real de Santo António, in a privileged location in the eastern Algarve, approximately 1.5 km from Cacela Velha beach.
Formerly an inn, this property stands out for its size, excellent state of preservation and variety of spaces, making it an interesting opportunity for investors seeking a real estate asset with several potential uses.
Building layout
With a total usable area of approximately 530sqm, the building comprises:

• 3 two-bedroom apartments;

• 5 one-bedroom apartments;

• 1 three-bedroom apartment;

• 3 shops;

• 1 garage with capacity for 3 vehicles.

A combination of residential units, commercial spaces and parking that gives the property particularly interesting versatility.
One property, multiple possibilities
Currently held under single ownership, the building can be assessed for different investment strategies, subject to the applicable legal and urban planning framework.
Options worth exploring include:

• Residential and/or commercial rental investment, depending on the permitted use of each space;

• Establishment of horizontal property ownership, subject to verification of the necessary legal and technical requirements;

• Tourist accommodation, taking into account the building's history as a former inn and the possibility of assessing a tourist accommodation project.

Any potential operation as local accommodation or a hotel establishment will depend on the applicable licences, authorisations and requirements, which must be confirmed with the competent authorities.
An outstanding location in the Algarve
Vila Nova de Cacela benefits from its proximity to some of the Algarve's most iconic coastal landscapes, particularly Cacela Velha beach, approximately 1.5 km away.
The location combines the tranquillity of the region with the tourist appeal of the eastern Algarve, making this property particularly attractive to those looking to invest in an area with a distinct identity and a strong connection to the sea.
Excellent state of preservation
An opportunity worth exploring
Thanks to its size, layout and versatility, this building represents a distinctive opportunity for investors seeking a real estate asset in the Algarve, combining residential and commercial components with potential for different operating models.
If you are looking for an investment with scale, location and multiple possibilities, this property in Vila Nova de Cacela deserves your attention.
Contact us for further information and to arrange a viewing.

Location

Vila Nova de Cacela, Vila Real de Santo António, Faro (Algarve)

Contacts

Remax PT
Website: remax.pt/
Telephone:
View contacts page Company Remax PT