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> 8500-704
> Rua Machado Santos 49

8.9% Annual Roi

Rua Machado Santos 49

Portimão, Algarve, 8500-704, Portugal

Property ID: #14410849 // Residential
    / 16
Traditional Sale
List Price:
USD $974,196.07
This amount was converted from the original amount of 874,000.00 EUR to USD at the exchange rate as of 2026-11-08 06:00:08 UTC
Icon 2,045.14 ft²
Icon 0.03 acres
Icon 7 beds
Icon - baths
Title:
8.9% Annual Roi
Address:
Rua Machado Santos 49
City:
Portimão
State, Province or Island:
Algarve
Zip Code:
8500-704
Country:
Portugal
Property Type:
Residential
Additional Property Types:
Other
Year Built:
1928
Property Size:
2,045.14 ft²
Lot Size:
0.03 acres
Beds:
7
Data Source:
Properstar
MLS/Reference Number(s):
119061114
Source Property Type:
Building

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Property Information

Exceptional Investment Opportunity in the Heart of Portimão

A rare chance to acquire an entire building in the historic downtown of Portimão, offering an impressive 8.9% annual return and outstanding income potential.

Designed for immediate operation as a boutique hostel or individual room rental business, this turnkey property combines a prime location with a high-yield investment strategy.

Property Highlights:
Entire building in Portimãos city centre
7 en-suite bedrooms, each bedroom with ac and two beds
Fully equipped kitchen
Spacious communal living area
Ready for immediate operation
Estimated 8.9% annual ROI

Located within walking distance of restaurants, cafés, shops, the marina, and all essential amenities, this property is perfectly positioned to benefit from the strong and growing demand for accommodation in the Algarve.

Whether you are looking to expand your real estate portfolio or secure a high-performing income-producing asset, this is an investment opportunity not to be missed.

Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-07-29 18:30:33. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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