In the heart of Alvor, one of the most charming villages on the Algarve coast, lies this unique property that combines the comfort of a spacious villa with the additional income potential of three independent apartments. Set on a 520m2 plot, with a gross building area of 275m2 spread over three floors, this villa offers versatility, privacy, and multiple possibilities for use—whether for private living, investment, or both. The Main House: On the ground floor, you'll find a three-bedroom villa with cozy, well-appointed spaces: Three bedrooms. Two bathrooms. Kitchen with pantry. Spacious living room with fireplace and a wooden mezzanine, adding charm and additional space. The exterior is equally inviting: Two renovated terraces, one with a BBQ, perfect for relaxing at sunset with stunning views of the Monchique Mountains. A lush garden, ideal for leisure time. Private parking right at the entrance. Extra Space with Real Potential: On the lower floor, a generous garage provides storage space and security for several vehicles. This is also where one of the three independent apartments is located: a one-bedroom apartment with a completely separate entrance, ideal for permanent rentals or short-term rentals. The apartment is accessed from the street behind the main house, located on the ground floor of that street, with windows. On the side of the house are two more completely independent apartments, one one-bedroom and one one-bedroom, with separate entrances and no interference with each other or the main house. The apartments are designed to guarantee independence and comfort, allowing you to monetize the property easily and legally. Unbeatable Location: Located in a quiet and central area of Alvor, this villa is: 1-minute walk from supermarkets, a school, a pharmacy, cafes, and restaurants, 5-minute drive from the iconic beaches of Alvor and the Ria de Alvor—true postcards of the Algarve. Why This Property Is Special: Ideal for those seeking space and flexibility, Excellent option for investors who value immediate profitability, A rare opportunity in an area where demand is high and the quality of life is exceptional. Don't miss this unique opportunity to live or invest in one of the Algarve's most sought-after destinations. Schedule your visit and discover the full potential of this versatile property full of character. Contact us for more information. Additional Information: KW Flash has a Credit Intermediary authorized by the Bank of Portugal. If you need financing, we can help! At KW Flash, we share business with all real estate agents or agencies with an AMI license. We believe that together we can do more for our clients! If you are a professional in the sector and have a qualified client, contact me and schedule a visit!