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

Link copied
Townhouse · Portugal

Dual-Income Townhouse, Santa Luzia

Santa Luzia, Faro District, Algarve, Portugal
€375,000
Energy Class D
Listed by Engel & Völkers
3
Bedrooms
2
Bathrooms
87
m² Living
69
m² Land

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.

65m from waterfront Fully renovated Dual independent units 36 m² rooftop terrace Furnished throughout Pre-installed air conditioning 10 minutes to Tavira

Property layout

Ground floor: living area, dining area, kitchen, 2 bedrooms, bathroom
First floor: bedroom, bathroom, second kitchen, independent entrance
36 m² Algarvian rooftop terrace
External staircase to upper level
Pre-installed air conditioning throughout
Tile flooring throughout
Furnished and ready to occupy
Semi-detached, built 1950

Lifestyle & potential uses

Dual rental income strategy
Coastal Algarve lifestyle
Lock-up-and-leave holiday base
Close to Tavira's amenities
Easy Faro Airport access
Guest accommodation with privacy

Location

65 metres to the waterfront and harbour
10 minutes to Tavira town centre
35 minutes to Faro Airport via the A22
Praia do Barril and Praia da Terra Estreita beaches nearby
Golf courses at Ria & Cima and Benamor within 15 minutes

Disclaimer: The Property Drop is buyer-focused intelligence, zero sales agenda. We curate exceptional properties, in southern Europe, from third-party agents and arm you with decision tools. No commission, no transactions, no agent partnerships, no skin in the game beyond helping you choose wisely. Information stays accurate until it doesn't (properties sell, prices shift, markets move). Everything here is shared for informational purposes only and should not be treated as legal, financial, or investment advice. Images belong to original agents. Read our Terms of Service to learn more.

IMPORTANT REMINDER: When contacting property agents featured on The Property Drop, you are entering into direct communication with third parties. It's recommended that you verify all property details independently, conduct thorough due diligence, engage qualified professionals (solicitors, surveyors, financial advisors), understand your rights and obligations under local property laws, and never send money or make commitments without proper legal protection.

 
Previous
Previous

Artà Townhouse with 26 m² Expansion Space and Roof Terrace Views, Mallorca, Spain €470,000

Next
Next

Designer Townhouse in Porto Cristo's Old Town, Mallorca, Spain, €540,000