This Townhouse consists of 2 residential parts. Currently, both the apartment and the house are undergoing complete renovations. The expectation is that this renovation will be completed around July 2024. You can either move into the house immediately or choose to rent it out. (After applying for the rental license). If you prefer a large single-family home, the two parts can easily be reconnected. The house is accessible via the same entrance, as well as with its own entrance. You enter the living area and the stairs lead you to the bedrooms on the 1st floor. The living room has an open kitchen and a sliding door to a south-facing balcony. High ceilings give this living room a spacious feeling. The kitchen will also be fully equipped. On the first floor, there are 2 spacious bedrooms, each with a built-in wardrobe, sharing a bathroom. Both bedrooms have access to a balcony where you can enjoy the morning or afternoon sun. The apartment consists of a living room with an open kitchen, a bathroom, and a spacious bedroom with a built-in wardrobe. The kitchen will be fully equipped with appliances. Adjacent to the rear of the apartment is the spacious south-facing garden. There is a separate laundry room on the terrace. Currently, this house is undergoing thorough renovation, with the utmost attention to detail and quality. Every aspect of the renovation is aimed at improving comfort and efficiency. The renovation will include: New windows with double glazingNew doorsNew electrical wiringNew water pipes and drainageSmooth plastered and painted walls and ceilingsNew tiled floorsSustainable and high-quality insulation materialsPre installation air conditioningPre installation solar panelsLED lightingThis carefully renovated house, located in one of the coziest neighborhoods of Albufeira, offers a unique blend of comfort, convenience, and investment potential. Applying for a rental license here is still worthwhile. The Oura beach is a 20-minute walk away along charming streets with restaurants, shops, and cafés. Various other amenities such as supermarkets and a hospital are also just a few minutes' drive away. Whether you are looking for a luxurious own/vacation home, a lucrative rental income stream, or a combination of both, this property offers it all. Will you come and take a look soon?