Pera Algarve B&B

Pera, Portugal   Offered for sale at 309,000 EUR

8% return. This property is perfect for investment as a B&B. Don't miss the 2021 tourist season, start making money right away. The semi-detached house has two separate apartments that have been recently restored and furnished in traditional Portuguese style. Ground floor apartment with two bedrooms, bathroom, living room, dining room, kitchen, outdoor area and laundry. First floor apartment consisting of a bedroom, bathroom, living room, dining room, kitchen and terrace with a splendid view of the sea, the city of Armação de Pêra and an agricultural valley. In addition, the first floor apartment has a large space at ground level with a living area, sleeping alcove, full bathroom and cellar / storage. New kitchen appliances, air conditioning, sanitary ware, high quality 300 liter solar water heater, washing machines and dryers. Sale includes all contents--furniture, appliances, utensils, security system.

The small village of Pera is 3.5 km from two fabulous beaches, one developed and one preserved in natural state with beautiful dunes and a long, wide stretch of sand. Half an hour from major tourist attractions—breathtaking cliffs and sea coves, Silves Castle, water and theme parks, sand sculpture site and much more.

Property Details
  • Potential Inn
  • 4 Guest Rooms
  • 3 Guest Room Baths
  • Has Owner's Quarters
  • Last Renovated in 2021
  • Building is 1,700 SQFT
  • Photo Gallery
Financial Details
  • Offered for sale at 309,000 EUR
  • Annual revenue is $30,000
Contact Information