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other for sale in Vila Real De Santo Antonio, Portugal

600 000€

Vila Real De Santo António

Features

  • 193 m² surface area (2077 sqFt)
  • 3 bathrooms
  • 215 m² of land (2314 sqFt)
  • N/C
  • 3 rooms

Property description

Commercial properties for sale in Vila Real de Santo AntonioA unique opportunity to acquire two commercial properties in a privileged location in the centre of Vila Real de Santo Antonio. The shops are connected and each side has an independent entrance. The first shop consists of a main area with aerial shelving, a toilet and a storage area to the rear. The second shop has more shelving, two toilets and a large storage room that could be converted into a kitchen as it has the pre-installations. The imposing staircase at the back of the shop leads to the second floor, which consists of a desk area and a terrace overlooking the picturesque town centre. The wow factor of this space is the generous main area with skylights that make the space feel larger, brighter and airier. This property is an excellent investment opportunity for those wishing to open a business and live at the top, or for those wishing to open a restaurant in a tourist town such as Vila Real de Santo António. Vila Real de Santo António is a Portuguese town located in the south-east of the country, in the Faro district. Situated on the right bank of the River Guadiana, which forms the natural border with Spain, the town is known for its beautiful beaches, warm and sunny climate, unique architecture and is also known as the little Lisbon of the Algarve due to its unique resemblance to the capital. This peaceful town has a beautiful marina, a ferry service between Portugal and Spain and is considered one of the most affordable and tranquil areas to live in the sunny Algarve. ref: 101591

Property summary

As a buyer, this property at Vila Real de Santo António offers a unique opportunity to acquire two commercial properties in a prime location. The shops are connected with independent entrances, providing flexibility for multiple business possibilities. The first shop has a main area with aerial shelving, a toilet, and a storage area, while the second shop features more shelving, two toilets, and a large storage room that could be converted into a kitchen. An imposing staircase leads to the second floor, which comprises a desk area and a terrace with panoramic views of the town center. This property presents an excellent investment opportunity for opening a business or converting the space into a home while still maintaining the potential to generate income. As an investment, the location of this property, in the picturesque and affordable Vila Real de Santo António, is favorable. The town's unique architecture, beaches, marina, and ferry service attract tourists and locals alike. The town's relative tranquility and affordability make it an appealing option for long-term investment. Single-family homes and apartments for sale in Vila Real de Santo António trading at 600,000 EUR showcase great returns on investment, as potential rental income or for selling the house after a few years of appreciated market value.

Location

Vila Real De Santo António

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