luxury property with sea view for sale Faro, Portugal

The substantial 762 m2 main property plus a 97 m2 annexe in private grounds of 5,200 m2 offers both the opportunity to create a commercial sporting enterprise or a large private residence. This high-yield luxury estate in Tavira is complete with active AL licenses and expansive grounds primed for development. With minimal remodeling, the estate can easily be reverted back into a private residence featuring an 80 m2 living room and kitchen, plus an upstairs 80 m2 master bedroom overlooking the pools, landscaped gardens, and the ocean, creating a luxurious, private sanctuary. With a versatile, multi-unit layout, professional-grade development potential, and a rapidly expanding international market, this is an opportunity to create a premium sport and lifestyle venture in the back orchard, with an exceptional return potential. Located only 6 minutes from Tavira's centre, this estate is fully equipped with the infrastructure, scale, and active licenses to immediately deliver superior returns, building on a consistent 20-year performance. Significant upside exists through phased expansion, premium branding, and diversified revenue streams. Estate Highlights - Total Land: 5,200 m2 of secure, landscaped grounds - Main Villa: 762 m2 - ideal for high-end hosting, luxury residence, or private retreat - Guest Annex: 97.5 m2 - convertible to ViP clubhouse, executive lounge, or guest quarters - 9 AL-licensed apartments: perfect for boutique hospitality or member accommodation - Heated saltwater swimming pool and children's pool - Borehole with UV filtration and automated irrigation - Solar and photovoltaic energy systems - Central heating with heat exchange pump - Orchard area convertible into 3-4 professional padel courts - Secure gated access and parking for up to 10 vehicles This property offers flexibility to pursue a hybrid or singular focus across multiple high-yield investment strategies: High-Performance Padel Academy - Space for 3-4 professional courts - Private athlete accommodations and dedicated training facilities - Revenue streams from elite coaching, team hosting, and tournament rentals Or Luxury Wellness & Corporate Retreat - Designed for executive groups, high-achiever workshops, tech companies, and wellness-focused travellers - integration of spa, fitness, and bespoke team-building programs - Opportunities for curated retreats, branded events, and premium hospitality experiences Features * Air-Conditioning * Al Rental Licence * Country Views * Guest Annexe * Heated Pool * Saltwater Pool * Sea-View