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Located on one of the finest beaches in the Algarve, this three-story villa is a unique and rare building. Just 100 meters from the Ria Formosa, the top floor offers a breathtaking view over Praia da Fábrica. The property is currently divided into 6 apartments for use as local accommodation, but it is possible to reconfigure with various options. On the top floor, the 'Ático' features an open-plan living room with a kitchen and a spacious bedroom, with direct access to two terraces; one on each side, both providing stunning views. The middle floor is divided into two apartments: one with a single bedroom and an open space with a bathroom. The T2 apartment has two adjacent bedrooms. The entrance to this apartment leads into an open space with a large living room and a modern kitchen. It includes a full bathroom. Downstairs, the space has been divided to create three apartments: two T2 and one T1, each with its own open-space living room with a kitchen and a full bathroom. The two-bedroom apartments have one spacious bedroom and one smaller bedroom. The one-bedroom apartment, featuring a spacious bedroom, is set back and accessed via a patio that provides plenty of privacy. In all cases, there are patios for enjoying the outdoors, just a minute from the Ria Formosa. This property presents an exceptional and extremely rare opportunity to invest in Praia da Fábrica (Cacela Velha), where available