Central Algarve | Property for sale | Savills
5,747.93 sq ft(534 sq m)
Asking price €1,850,000($2,058,162)

Central Algarve

  • New
5,747.93 sq ft (534 sq m)
13Bedrooms
4Bathrooms

Key features

  • <ul> <li>Reception</li> <li>13 offices</li> <li>Kitchenette</li> <li>Biometric smart access</li> <li>Accessible to work 24hr</li> <li>Meeting rooms</li> <li>Elevator</li> </ul>

A great investment opportunity to acquire a historic building that has been renovated into a modern and unique work space.

About this property

  • The building boasts 13 equipped offices, spread over 4 floors, available to rent on an individual basis for a lucrative monthly income. As well as the office units, the space also includes communal chill zones on each floor, a reception area, a meeting room, 4 bathrooms, a kitchenette and an elevator.<br /> The space is fully fitted with air-conditioning and CCTV security is installed in the common areas. Biometric smart access makes the space accessible to workers 24-hours a day. The building is perfectly positioned in the heart of Loule, close to all local amenities.

Local information

  • The central part of the Algarve includes towns towards the west starting with the quaint village of Carvoeiro, and beautifully located beach towns Armaçao de Pera, Albufeira and Vilamoura. The Golden Triangle comprises Quinta do Lago, Vale do Lobo and Loule are certainly the most sophisticated and exclusive areas. The capital of the Algarve is Faro with the international airport and a young happening old town. Towards the east, the market town Olhão is located on the Ria Formosa with its stunning intercoastal waterways and barrier islands. The central Algarve features exceptional facilities for all. Championship golf courses throughout the region, a world-class marina in Vilamoura and shopping and dining for all tastes. Infrastructure is superb and the area is exceptionally well prepared to welcome and charm travellers with the highest standards from around the globe.