Charming House with Three Independent Annexes in Alvor
€800,000
- House
- Type
- 4 weeks ago
- Listed
The Habio take
This versatile property features a main house and three independent annexes, making it ideal for family living or investment. Located just two minutes from Alvor's amenities and stunning beaches, it offers both convenience and potential.
- beach
- family
- investment
- garden
Highlights
- Versatile property with multiple living spaces
- Close to amenities and beaches
- Excellent solar exposure and open views
- Ideal for immediate rental income
- Independent entrances for all units
Worth knowing
- Energy certification rated F
- Potential need for renovation
Good fit for: Ideal for families seeking space and privacy or investors looking for rental income.
Lifestyle scores
- Beach
- 80
- Walkable
- 70
- Remote work
- 60
- Family
- 80
- Retirement
- 60
- Airport access
- 70
- Investment
- 75
- Luxury
- 65
- Value
- 75
About this place
Discover this charming and versatile house located at the entrance of the village of Alvor, strategically positioned just two minutes from local amenities and the region's stunning beaches. The property consists of a main house and three independent annexes, representing an excellent opportunity for both family living and investment with high rental potential.
The main house includes three bedrooms, a living room with a fireplace, a fully equipped kitchen with a pantry, a complete bathroom, and a service WC. In addition to the main living space, there are three independent annexes: one studio (T0) with an open-plan kitchenette and bathroom, and two T1 units, each featuring an open-plan kitchenette, bedroom, and bathroom. Each annex has its own independent entrance, providing privacy and flexibility.
Set on a 520 m² plot with a gross area of 274 m², this property includes a secure garage for one car, storage space, and outdoor areas with a garden, barbecue area, outdoor kitchen, and terraces. With parking for up to three vehicles on-site, it’s well-equipped for both large families and guests.
What this place offers
- fireplace
- garage
- parking
- garden
- terrace
- barbecue
- outdoor kitchen
Getting around
- Excellent water quality
Nearest beach · Alvor-Nascente
~4 min drive · 1.9 km
Portimão (PRM)
~5 min drive · 2.1 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Alvor, Portugal, Portugal
- Nearest airport
- Portimão (PRM)
- 2 km
- Also close
- Faro (FAO)
- 56 km
- Nearest city
- Setúbal
- 158 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Portugal
Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.
Mortgages are available to non-residents, typically up to 60–70% LTV.
The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023).
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
