2-Bedroom House for Renovation | Alto dos Caliços Urbanization | Albufeira Located in the well-established Alto dos Caliços Urbanization, this 2-bedroom house represents a real opportunity for those seeking a rehabilitation project in one of Albufeira's most stable and sought-after residential areas. This property requires comprehensive intervention. It's not a "turnkey" solution. It is, rather, a structural base with clear potential for appreciation, whether for owner-occupancy or for operation in the annual or seasonal rental market — always with a focus on renovation and personalization. Location and context: Alto dos Caliços is an urbanization with consistent demand, especially due to its central location and proximity to: Albufeira city center Beaches Schools and public services Supermarkets and local shops Quick access to main highways The scarcity of properties for renovation in this area is evident. Most of the opportunities available on the market are already renovated, and this is reflected in the price. Here, the key difference lies in the possibility of acquiring a property below the price of a finished product and executing a project tailored to your profile and strategy. Property Layout Entrance Floor: Living and dining room Kitchen Pantry Service bathroom Outdoor area with terrace Space planned in the floor plan for parking 1 vehicle It is important to clarify that the space intended for parking is currently closed and used differently from what was originally planned. However, it can be reconfigured according to the approved floor plan. Despite this, there is easy parking in the surrounding outdoor area. It also includes an outdoor barbecue area, with interesting potential after refurbishment. First Floor: 2 bedrooms with built-in wardrobes 1 full bathroom with natural light Bedroom hallway also with natural light Basement: Currently adapted as an independent unit designed for seasonal rental income. This configuration should be technically analyzed within the scope of the renovation, depending on the future owner's objective. State of Conservation: The entire property requires complete renovation. Installations, finishes, aesthetic and functional updates should be considered in a consistent work plan. It is essential to emphasize: The photographs presented have been edited to show the property organized and visually clean, offering a possible post-intervention view. However, they do not 100% reflect the current real state of the property. Recommended buyer profile: This property is not suitable for those seeking an immediate housing solution without additional investment. It is suitable for: Investors with a vision for appreciation Buyers who wish to fully customize their home in the Algarve Annual or seasonal rental strategy after work Second home project with income potential In an area like Albufeira, where the available product for rehabilitation is increasingly scarce, opportunities with this configuration become strategic when well analyzed. If you are looking for room to create value — and not just pay for the value already created — this could be a solid foundation for your next investment.