Building to Renovate with Garden and Parking – Almodôvar
265,000 EUR
Investment Opportunity in the Center of Almodôvar! In the heart of Almodôvar, a historically important Alentejo town with a consolidated rural identity, you will find this property for complete renovation. This 2-storey building with attic, with a total area of 528m², has two fronts and a courtyard with a garden and parking space – a real privilege in the center of the town. This property offers enormous potential for those looking to invest in tourist apartments; in the rental market or sale of fractions or even to create a quality housing project. The property, for complete restoration, has a renovation project already approved! The project foresees the transformation of the building into: • 2 1-bedroom apartments on the ground floor • 2 3-bedroom duplex apartments on the 1st floor, with use of the attic Ideal for investment with guaranteed return! Almodôvar, located between the Serra do Caldeirão and the deep Alentejo, is a town rich in history and tradition. Known for its serene landscapes, archaeological heritage and artisanal traditions, it is also a strategic point connecting the Algarve and the Alentejo hinterland. The town has been attracting more and more visitors and new residents in search of tranquility, authenticity and quality of life.
If you are looking for a project with soul, set in a peaceful setting but with potential for appreciation, this is the right opportunity.
Contact me for more information and to schedule a visit!