Renovated Townhouse with Dual-Income Potential, Santa Luzia, Algarve, Portugal, €375,000




+19 photosDual-Income Townhouse, Santa Luzia
About this property
Sixty-five metres from the waterfront in Santa Luzia, this fully renovated 1950s semi-detached townhouse pulls off something genuinely useful: it functions as two independent living units. The external staircase leading to the first floor is pure Algarvian vernacular, and here it does real work, giving the upper level its own entrance, its own kitchen, its own bathroom, and its own bedroom. Live downstairs, rent upstairs, or take the whole thing for yourself and keep your options open. Either way, the flexibility is baked in rather than bolted on.
The renovation strikes the right balance: traditional tile flooring and Algarvian character intact, but with a fully equipped kitchen on each floor, pre-installed air conditioning throughout, and a 36 m² rooftop terrace for sundowners above the rooftops. The ground floor handles daily living with a sitting and dining area, two bedrooms, and a bathroom. The upper floor rounds out as a self-contained guest suite or rental unit. Furnished and ready to go, this is as close to turnkey as coastal Algarve gets at this price point.
Santa Luzia wears its title of Octopus Capital lightly, but the waterfront restaurants are the real deal, and the town sits just far enough from Tavira (10 minutes) to avoid tourist saturation while staying close enough for everything you need. Praia do Barril's miniature train, nearby golf courses, and the A22 to Faro Airport in 35 minutes make this a practical base whether you're here year-round, seasonally, or purely for the rental yield.
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