Building for buy in Faro

Residential and commercial building in the heart of Faro.

Building located in the heart of the Algarve’s capital with unique potential!

This century-old building is divided into two floors with a total construction area of 460m2.

Features:

GROUND FLOOR:
Two shops with 55.8m2 and 213.5m2
Outside patio

First floor: 191.27m2
Consists of 11 rooms, which could easily be made into 7 suites and a kitchen.

Terrace covering the entire urban area with the possibility of making a second floor recessed.

Located
3 minutes’ walk from the dock;
6 kilometres from the airport;
8 kilometres from Faro beach;
Close to all the city’s shops and services, bars and restaurants.

Faro, the capital of the Algarve in Portugal, has attracted attention in recent years as a promising destination for property investment.
Advantages of investing in Faro:

Growing tourism:
Faro is one of the main tourist destinations in Portugal, attracting visitors from all over the world, especially during the summer.
The proximity to famous beaches and the year-round mild climate are major attractions.

Developing infrastructure:
The city has been investing in improving its infrastructure, including Faro International Airport, which is an important hub for tourists.
Improvements to the public transport network and urban infrastructure.

Quality of Life:
Faro offers a high quality of life, with good education, health and leisure options.
The presence of universities, such as the University of the Algarve, attracts students and academics, increasing demand for property.

Diversified property market:
Variety of properties available, from modern flats to traditional houses and luxury properties.
Potential for property development, especially in central and tourist areas.

This is an excellent building to rehabilitate, and thus live in or monetise. Don’t miss out on this opportunity. Book your visit now!

Energy certification range (C -> F)
#ref: 119915