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Reasonably Priced Shop in Sao Rafael > Faro > Portugal

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Business Description

Block of apartments + main house for the owner located near the Albufeira Marina in a quiet yet central location. Within minutes you are in the old town of Albufeira, the beautiful large sandy beach or the picturesque beaches of Galé and São Rafael. This block of apartments has already been in use for room rental and has a solid repeat customer base. This property has the official " Alojamento Local" license to rent. There are 4 apartments (type T0) on the ground floor with kitchen, bathroom, living/bedroom, 2 x T1 apartments with a living room / kitchen, bathroom and bedroom and 2 pieces of T2 with a living room / kitchen, bathroom and two bedrooms. There is also a T2 apartment in the basement and a separate house with living room, dining room, kitchen, bedroom and two bathrooms that are perfectly suited for the owner to live. There is also a shared laundry room, a small office / reception area, pool and parking available for guests use. It is possible to combine own occupation and renting. Please contact us for more information.

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Approximate price of this 127-Bed Shop
€750,000 EUR | 
£600,225 GBP | 
US$940,950 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1016315 
Town Sao Rafael 
Province Faro 
Country Portugal  
Type Shop
Bathrooms
Bedrooms 127 
Category Re-Sale  
Listed over 6 months ago
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Map of Sao Rafael, Faro, Portugal


Real Estate Agent Listing this Property

Agent Divine Home Property Solutions
Listing Since 16 May 2011
Property Listings View all properties from this agent
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Towns located close to Sao Rafael, Portugal

  • Armacao De Pera   • Alcantarilha
  • Pera   • Salgados
  • Torrinha   • Gale
  • Quinta Do Mar   • Vale De Rabelho
  • Vale De Parra   • Vale Da Parra


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Price: €750,000
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Purchase this Business in Sao Rafael for

€1,572p/m

(75% LTV, 4% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Sao Rafael, Portugal

Property Type Min Price Max Price Median Price
(All prices in EUR) Sao Rafael Portugal Sao Rafael Portugal Sao Rafael Portugal
Apartment/Flat 162,500 1 162,500 17,500,000 - 132,000
House/Villa 255,000 49 2,300,000 17,500,000 - 315,000
Townhouse 270,000 22,500 270,000 1,250,000 270,000 223,000
Business 750,000 600 750,000 39,000,000 - 106,000

* Calculations based on 20 properties for sale in Sao Rafael and 13440 properties for sale in Portugal




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