Lagoa e Carvoeiro (Lagoa (Algarve))

Green-Acres Property Listing - Portugal

Property Details: Rooms: 0 Bedrooms: 4 Price: 1,919,334 EUR

Agency: PLP - Portugal Luxury Property

Description: An excellent opportunity to acquire an established investment property in the heart of Carvoeiro, Algarve, just a short walk from the beach, village centre, restaurants and local amenities. The property comprises 4 independent, fully renovated studios, each with its own bathroom and kitchenette. Two of the studios benefit from sea views, while the two ground-floor units have private outdoor terraces. Currently operating as a successful holiday rental business, the property has an existing Alojamento Local (AL) licence and a solid, established rental history. It has already demonstrated its ability to generate attractive rental revenue, allowing a new owner to benefit from an established income-producing operation rather than relying solely on future rental potential. For investors, this proven rental performance is one of the property's key advantages. The business is already established, with the necessary infrastructure and operation in place, providing a strong foundation for continued rental income. Its central location, four independent rental units and proximity to Carvoeiro beach make it particularly well suited to the holiday rental market, benefiting from the continued demand for accommodation in one of the Algarve's most popular coastal destinations. A well-established investment opportunity combining a sought-after Carvoeiro location, existing AL licence, four independent units and proven rental performance.