House T3 in Silves with electric car charging

Renovated 3-Bedroom Villa in Pêra | Investment Opportunity with 5-Year Lease

A distinctive opportunity for those seeking real estate investment in the Algarve with income from day one.

Located in the peaceful Urbanização dos Areais, in Pêra, approximately 2 km from Praia Grande, this renovated 3-bedroom villa is being sold under a Sale & Leaseback arrangement: the current owners sell the property and remain in the home as tenants, under a residential lease agreement to be signed simultaneously with the completion of the sale.

This allows the new owner to acquire the property with a tenancy already in place, eliminating the initial need to find a tenant and providing the prospect of immediate rental income.
Proposed Lease Terms

• Lease agreement: to be signed at the time of completion;
• Term: fixed 5-year period;
• Monthly rent: €1,250;
• Gross annual rental income: €15,000;
• Tenants: the current owners of the property.

This model provides the investor with greater predictability in terms of occupancy and rental income, while benefiting from the continuity of the current occupants, who are familiar with and have been caring for the property.
Property Features

Set on a 210 m² plot, the property offers:

• 181 m² gross construction area;
• 154 m² gross private area;
• 3 bedrooms, one of which is en suite;
• Full bathroom;
• Guest WC;
• Fully equipped kitchen;
• Outdoor barbecue area;
• Covered parking within the property;
• Possibility of installing an electric vehicle charging point.

The villa has undergone significant improvements in terms of comfort and energy efficiency, including:

• External ETICS thermal insulation system;
• Tilt-and-turn windows;
• Electric shutters.

These improvements contribute to enhanced thermal performance and are not yet reflected in the current energy performance certificate.
Advantages for the Investor

• Rental income from the start of ownership;
• Fixed 5-year lease agreement;
• Expected rent of €1,250/month;
• €15,000 gross annual rental income;
• Potential reinvestment of capital gains arising from the sale of another secondary residence, through the acquisition of a property intended for affordable residential rental;
• Property already occupied by the current owners;
• No initial need to search for a tenant;
• Renovated and well-maintained villa;
• Location close to some of the municipality’s main beaches;
• Potential for capital appreciation in an established residential area of the Algarve.

For investors who have sold another residential property, this acquisition may also, depending on the specific circumstances and compliance with the applicable legal requirements, qualify under tax reinvestment schemes linked to placing properties on the affordable residential rental market.

It is recommended that the applicable tax treatment be confirmed with an accountant or tax adviser before the acquisition.
Location

Situated in a quiet and established residential area of Pêra, the property is close to beaches, shops, services and main road connections, making it attractive from both an investment and long-term asset perspective.

Its proximity to Praia Grande, Armação de Pêra, Guia and Albufeira further enhances the location’s potential for appreciation.
An Investment with Rental Income from Day One

A particularly attractive solution for those looking to invest capital in real estate, secure medium-term occupancy and generate income through a pre-arranged lease agreement.

For further information regarding the terms of the sale and lease agreement, please contact us and schedule your viewing. Renovated 3-Bedroom Villa in Urbanização dos Areais – Pêra | Approximately 2 km from Praia Grande

An especially interesting opportunity for those looking for an investment property offering rental income from the outset in the heart of the Algarve.

The current owners intend to remain in the property as tenants under a residential lease agreement, allowing the new owner to acquire the property with an existing prospect of occupancy and rental income.

For investors who have sold another residential property, this acquisition may also qualify under the new capital gains reinvestment regime applicable to properties intended for residential rental, provided that all applicable legal requirements are met, particularly those concerning the rent amount and the period during which the property must remain on the rental market.

The property is set on a 210 m² plot, with 181 m² of gross construction area and 154 m² of gross private area, offering spacious, functional and well-distributed living spaces.

It comprises three bedrooms, one of them en suite, a full bathroom, a guest WC and a fully equipped kitchen.

Outside, the property features a pleasant barbecue area and covered parking within the property, with the possibility of installing an electric vehicle charging point.

In terms of comfort, the property benefits from external ETICS insulation (capoto), tilt-and-turn windows and electric shutters, contributing to improved thermal performance. These improvements are not yet reflected in the current energy certificate.

Located in a quiet residential area, close to beaches, shops, services and major road connections, this property is an excellent option as a permanent residence, holiday home or investment in the Algarve.

Key features:

• 210 m² plot;
• 181 m² gross construction area;
• 154 m² gross private area;
• Approximately 2 km from Praia Grande;
• Possibility of purchasing the property with the current owners remaining as tenants, providing a prospect of rental income from the outset.

An especially interesting solution for those looking to reinvest capital, generate rental income and benefit from the current tax incentives applicable to residential rental properties.

Book your viewing today!