Prime Investment Opportunity in Tavira

Investment Opportunity in Tavira: 3 Houses with swimming pool and Potential for over 9.000 sqm of New Construction Discover the unparalleled investment potential of Quinta Cancela das Almas, a truly unique property nestled in the charming town of Tavira. Boasting panoramic sea and hill views, this extraordinary estate comprises 3 houses with a combined constructed area of 566 sqm, situated on an expansive plot spanning 34.060 sqm. These 3 houses present an exceptional opportunity for a full-scale renovation, allowing you to tailor the property to your personal style and preferences. Transform this canvas into your dream home and establish a perfect base for a tranquil lifestyle in the charming town of Tavira. Quinta Cancela das Almas is currently operating as a Rural Tourism, showcasing its versatility and potential for various investment avenues. The Property Development Master Plan (PDM) of Tavira permits new construction of up to 9.288m2, spread across a maximum of 4 floors. This provides a unique opportunity for investors looking to expand and optimize the property for various purposes. Key Features: 1.Stunning Views: Enjoy breathtaking sea and hill views from this strategically positioned property. 2.Renovation Potential: The houses, built in 1978, offer a solid foundation for a comprehensive renovation tailored to your preferences. 3.Turismo Rural Operation: Currently operating as Rural Tourism Business, presenting an additional income-generating potential. 4.Expansion Possibilities: The PDM allows for new construction of up to 9,288m2 on a maximum of four floors. 5.Infrastructure Highlights: Features include 2 fireplaces, 2 solar panels for hot water, a borehole, and connection to the main water. 6.Security and Privacy: The area with the 3 houses and pool is entirely fenced, ensuring security and privacy. For those seeking a unique investment opportunity in Tavira, this property stands out for creativity and financial growth. To learn more about this exceptional offering or to schedule a visit, please contact us. The Engel & Völkers Faro-Tavira team is ready to assist you in unlocking the full potential of Quinta Cancela das Almas. Invest in your future today!