About this property
Overview
Traditional Portuguese 2 Bedroom Town House in Albufeira's “Old Town” Historic Centre
This prime duplex in Albufeira’s historic Old Town offers investors a turnkey opportunity.
Featuring robust steel framing, high-end insulation, and a private terrace with main square views, this 2-bedroom asset is perfectly positioned for high short-term rental ROI just steps from the iconic beach tunnel.
Investment Highlights
Asset Class: Turnkey Short-Term Rental / Holiday Home
Location: Prime Historic Old Town (Steps to 'The Square' and Praia do Túnel)
ROI Potential: High, supported by a strong rental history in one of the Algarve's most sought-after coastal locations.
Layout: Duplex configuration maximizing space, privacy, and guest comfort.
Structural & Engineering Upgrades
Engineered with premium materials for longevity and guest comfort, the property boasts:
Reinforced Integrity: Complete steel frame reinforcement.
Climate & Noise Control: Advanced thermic and acoustic insulation.
Safety & Security: Double-glazed windows and heavy-duty 5mm safety glass partitions on stairs and windows.
Comfort Control: Full air conditioning integration.
Interior Design & Finishings
The property flawlessly blends original Portuguese charm with contemporary luxury:
Living Spaces: Large format charcoal grey and cream ceramic flooring that enhances natural light and perceived space.
Kitchen: Custom red-and-white design, fully equipped with high-end appliances.
Features: Historic original antique front door paired with a masterful restoration of a built-in antique wall dresser.
Floor Plan
First Floor: Features the open-concept kitchen and lounge, alongside the primary bedroom with a full en-suite bathroom.
Top Floor: Offers a secondary lounge, a flexible twin-bedroom setup, and a full guest bathroom.
Outdoor Living: The top-floor suite opens onto a private, elevated terrace featuring panoramic views across the main historic square.
Location:
Located on the street between the square and the tunnel to the beach
Beach is 200 meters away
Walking distance to shops, restaurants, bars, supermarket, medical centre, pharmacy, gym, newsagents, bakery, etc.
35 km to Faro international airport
Albufeira – A Prime Location for Holiday Rental Investment
Sunshine, stunning beaches and strong holiday rental appeal – Albufeira offers an exciting opportunity for property investors in the Algarve.
With over 300 days of sunshine annually, golden beaches, vibrant nightlife and year-round attractions, Albufeira remains one of Portugal’s most popular holiday destinations, attracting visitors from across Europe.
From charming Old Town apartments to luxury villas with private pools, the area offers diverse investment opportunities with excellent short-term rental potential.
Visitors are drawn to its beautiful coastline, championship golf courses, international restaurants, marina and lively entertainment scene, creating demand for quality holiday accommodation.
Excellent accessibility via Faro Airport, established tourism infrastructure and a thriving international community further strengthen its investment appeal.
Whether seeking rental income, long-term capital appreciation or a holiday home that pays its way, Albufeira is a destination worth investing in.
Turn your property investment ambitions into reality. Contact ICON Property today to explore our carefully selected investment opportunities, discover properties with strong holiday rental potential and arrange a private viewing. Your next Algarve investment starts here.
Features & amenities
- Close to a beach
- Fitted kitchen
- Double glazing
- Air conditioning
Gallery
* Some photos have been enhanced or virtually staged with AI to show the property in its best light. The property shown is real and unaltered: no rooms, buildings or structural features have been added or changed. Only lighting, sky, furniture and decor may have been adjusted or added.
Location
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