Villa in Tavira

€ 1,550,000 For Sale

AM115

Tavira, Faro

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Description

Located in the heart of the authentic village of Luz de Tavira, just minutes from the beaches and a short drive from Tavira city centre, this unique property combines a private residence, tourism activity (AL) and significant development potential.

Property Composition : 5 houses
Set in a bucolic and serene environment surrounded by palm trees and lush hedges, the property includes:

1st : A T3 single-storey independent villa, fully furnished, with 3 bedrooms including a master suite, large terraces, air conditioning, and underfloor heating throughout.

2nd : Four charming houses in traditional Algarve style, fully renovated and equipped. They feature reversible air conditioning and underfloor heating in the bathrooms:

2 x T3 houses

1 x T2 house

1 x T1 house

Currently rented weekly as tourist accommodation (AL) during July and August, these houses generate a gross annual income of approximately 35,000.
The AL licence is active and registered in the owner's name; it can be easily renewed by the buyer.

Outdoor Areas
Beautifully landscaped garden, sun-drenched pool all day (currently fenced for safety, but easily reconfigurable if desired)

Barbecue area, shaded outdoor dining spaces

Traditional Nora well with 2 pumps:

one for irrigation and the pool

one with filtration for 3 of the 4 guest houses

Mains water supply for the main villa and the 4th guest house

Comfort & Parking
Electric gate, fully fenced plot

Parking for at least 11 vehicles

Utility annex / storage and laundry room

Development Potential on 1,700 m² of Land*
An adjacent, well-maintained but currently unused plot is classified as H2 zone in Luz de Taviras PDM, offering excellent construction potential:

Max density: 65 units/hectare up to 11 units

Land occupation index (IOS): 0.3 510 m² building footprint

Construction index (IC): 0.8 1,360 m² gross construction area

Max height: Ground floor + 2 levels (R+2)

Parking requirement: 2 spaces per unit 22 parking spots

All information is indicative and should be confirmed with Taviras urban planning department.

Prime Location
8 minutes from Tavira

19 minutes from Olhão

30 minutes from Faro airport

9 beaches nearby (15 minutes by bike, 25 on foot), including the famous Barril beach

Shops, train station, bus services, and Ecovia cycling route

A Peaceful Yet Connected Lifestyle
Luz de Tavira is a lively and authentic village, combining tranquility, historical charm, and easy access to key destinations in the Algarve ideal for a personal retreat or a high-potential tourism investment.

*In full compliance with the laws in force at the time of purchase.