13 Commercial Property in Faro

Project approved by the municipality of Faro, for the construction of a hotel with 146 rooms, an aparthotel with 83 apartments and a 9-hole golf course, just 10 minutes from the historic center of Faro, the beach and the international airport, in the district capital.

The lot size is around 146,915 m 2, including the implementation of a Hotel with 8,327 m 2.
The Apart-Hotel will have 83 Apartments and 146 Hotel Rooms.

The value of the fee for issuing the building permit is around €170,000. As for the concessions to be made to the Municipality of Faro, the amount is 665,000

Project description
The project presented proposes changing the interiors of the rooms, reconfiguring their
space so that we can have more accommodation units, however, this change does not change anything
the maximum value foreseen in the PDM - 160 beds distributed among the 83 accommodation units. These 83 AU,
they consist of 77 T1 doubles, and 6 T1 singles, 2 of which are adapted for users with mobility
conditioned.
Floor -3 remains the same, and will feature common areas with parking spaces, 5
reserved for disabled mobility users (UMC), reception of conference rooms, meeting rooms
conference, gender-separated sanitary facilities in support of conference rooms and service areas
which contains technical areas, bicycle storage, garbage deposit, laundry room, storage and kitchen to support the
conference rooms.
On floor -2, the common areas remain unchanged, and we will have the entrance hall, reception,
bar, gourmet restaurant, main restaurant with open kitchen, Asian restaurant with kitchen
open and bar, sanitary facilities divided by gender, one of which is adapted for
disabled guests, living room, library, internet, café, shop, venue, ticket office,
bar, another block of sanitary facilities, one of which is adapted for mobility users
conditioning, dance floor with bar. The accommodation units underwent a change of 7UA (5 T1 double
and 2 T2 Doubles), for 9UA (9 T1 Doubles). As service areas, we have a kitchen to support the restaurants.
(pantries, pantries, storerooms, preparation areas), floor pantry, security, garbage deposit,
staff canteen, sanitary facilities/ showers/ changing rooms for male and female staff, areas
Anabela Polido Macieira | KEY Zen Arquitetura, Lda | + (phone hidden) | + (phone hidden) | (email hidden)
technical areas, archives, collections, layoffs, technical areas, support for the venue and nightclub
(sanitary facilities, staff room, kitchen, rehearsal room, backstage, wine cellar).
On the -1 floor, as common areas, there are 2 shops, a hairdresser, a SPA with a reception, facilities
toilets for both sexes, caldarium, relaxation room, therapy room, steam rooms,
hammam, semi-covered swimming pool, jacuzzi, dead sea, bar, hydromassages, saunas, I.S. UMC, rooms
Asian massages, indoor children’s pool, indoor golf room, games room, gymnasiums with
massage and sanitary facilities/bathrooms (M/F/UMC), children’s area, upper floor of the
show, sanitary installations to support the outdoor swimming pool, buggies storage area, I.S./
Changing rooms/changing rooms M/F/UMC. In the service areas we have sanitary facilities to support the service (M/
F), lay-offs, towel service, kitchen to support the semi-covered pool bar, ticket waiver,
archive, laundry area, 1st aid area, storage, technical areas, golf store storage,
collection of tools and floor pantry. The accommodation units underwent a change of 15 AU
(13 double T1 and 2 double T2), for 18 AU (1 single T1 and 17 double T1).
On the 0th floor, as common areas, we will have the entrance hall, reception, sanitary installation (M/F/UMC), and the
accommodation units that increased from 27 AU (20 T1 doubles, of which 3 are adapted to UMC, 6 T2
double + single and 1 T3 2 double + single) for 33 AU (4 T1 singles, of which 2 are adapted to UMC, and 29
double T1).
The 1st floor is intended, as common areas, for a restaurant-terrace, bar, service areas
it contains the kitchen, pantries, storage, pantry and furniture storage. The units of
accommodation went from 18 AU (13 double T1 of which 3 are adapted to UMC, 2 double T2, 2 double T2 +
single and 1 T3 2 double + single), for 23 AU (1 T1 single and 22 T1 double).
All architectural changes presented comply with the decree of law 163/2006, of 8 August.

Hotel rating and capacity
With regard to the capacity of the hotel, it was intended not to exceed that regulated in Article 22 - E,
provisions of the Regulation of the Municipal Master Plan of Faro, with the current wording, as well as the
previous proposal, with a maximum capacity of 160 beds (respected and maintained, as in the project
above), and 152 convertibles, distributed over 8

This fantastic business opportunity consists of a residential building under renovation and the company associated with it.
It is located in the friendly and charming old town of Faro.

The Residential consists of 30 suite rooms.

The building is undergoing renovation, with an expected completion date of January 2025.
However, the renovation works will only be for the bedroom floors, and the ground floor will not be renovated. This responsibility will be borne by the buyer.



Distances:
- Airport: 6.9km
- Algarve Forum: 2.9km
- Hospital: 950m
- Train Station: 900m
- Faro Dock: 650m

4-storey building with 60 rooms and backyard in the heart of the city

Hotel located in the heart of the historic area of the city of Faro, consisting of basement, ground floor, 1st and 2nd floor, totalling 60 rooms allocated to services, in addition to a backyard. A property with great potential for recovery and appreciation for tourist exploration or hotel investment.

Located just a few minutes from the Marina and the Old Town, surrounded by traditional shops, restaurants, services and points of cultural interest. Within walking distance is also the Faro Riverside Park, ideal for leisure and sports.

Just 10 minutes from Gago Coutinho Airport, this is a strategic opportunity in the centre of one of the most sought-after cities in the Algarve.

Book your visit now through our website! (Visit the videos section to find out how to do this!)

For more information do not hesitate to contact.

’YOUR HOME IN THE ALGARVE’

Discover the charm of a delightful late 19th-century GuestHouse, located in the heart of Faros historic centre, just a 5-minute walk from the picturesque Faro docks and only steps away from all the amenities the Algarve has to offer.

Fully renovated in 2019, this GuestHouse preserves its original character while combining classic style with modern comfort.

The main property features 7 sophisticated suites, a spacious and modern kitchen, a welcoming dining room ideal for breakfasts, and a lush, low-maintenance garden with a heated pool and a terrace perfect for moments of relaxation. Outside, an independent annex offers 3 additional suites, a garage, a laundry room and generous storage areas, ensuring complete comfort and functionality.

Designed for greater efficiency and sustainability, the house is equipped with solar panels for water heating and photovoltaic panels for energy production, ensuring low operating costs. Each suite includes reversible air conditioning for year-round comfort, while the living room features a cosy wood-burning stove that creates an even more inviting atmosphere.

In impeccable condition, this property is ready to continue its story of hospitality and charm, offering guests a unique and authentic experience.

Book your visit today!

Unique opportunity to purchase a restaurant and bar located on one of Faro’s most iconic and high-traffic avenues, Avenida 5 de Outubro. This prime location ensures a constant flow of customers, surrounded by essential services, two banks, the Faro registry offices, and numerous workplaces, making it ideal for attracting daily clientele.

Just a few meters away are two secondary schools, generating strong footfall from students and families throughout the school year.

The establishment is in excellent condition, ready for the continuation of the current business or the development of a new restaurant concept. A welcoming space with great visibility in an area with heavy pedestrian and vehicle circulation, perfect for those seeking to invest in a strategic commercial location in the heart of the city.

A rare opportunity to acquire a property in one of Faro’s most valuable locations!

This beautiful old building enjoys a stunning location in the centre of Faro.
Consisting of 4 floors, 30 suites, ground floor it is possible to make more rooms, or shops.
The building is being completely remodelled, and the work is expected to end in early 2025.
The property is conveniently located with all the amenities you may need at your doorstep. In a few steps you will easily reach cafes, terraces, restaurants, market and local supermarkets.
A great place to reside and live in an authentic environment of a beautiful Portuguese city.
Good investment opportunity.

Hotel under renovation with 30 suites, spread over 5 floors, ground floor, 1st, 2nd 3rd and terrace. Fantastic business opportunity for investors looking for a simplified investment, it includes the shares of the owner company, it also includes the total refurbishment of the hotel that is scheduled to be completed in January 2026, except at the level of the ground floor, the refurbishment will be in charge of the buyer, who can carry out it according to his need and design, transforming it into a reception, living room, storage room or bar/restaurant. The building currently has no lift, but there is space to place one, from the ground floor to the terrace. The large terrace with sea view is great for placing a jacuzzi, and sunbathing.
This beautiful building has an excellent location in downtown Faro, just a few minutes walk from the Marina, the Algarve capital with a lot of tourist demand, has been valued for its historic area, easy access with good restaurants and commerce.
Inserted in an Urban Rehabilitation Area (ARU), with Attractive Tax Benefits such as exemptions in IMT, IMI, IRS, IRC, this potential business can be transformed into a Boutique hotel or other type of local accommodation. It has a Pension/Residential Permit.
Surrounded by good restaurants and streets with various shops, cafes with terrace, supermarkets, theatre, as well as the main market building.
For travellers, this hotel is very practical, as its location is a 5-minute walk from the train station and central bus station, which allows transportation to the airport easily, which is 10 minutes away.

Come and see this property, book your visit now!

Available for entry in March 2026
Lease agreement for non-residential purposes
One rent, two deposits and guarantor.
Presentation of proof of income.

Fully equipped and furnished Snack Bar Café with a fantastic location next to the EN2, Faro.

Service room with counter with good natural light, fully equipped kitchen, pantry with sink, service bathroom and covered outdoor area ideal for terrace.

Connections to public network services, three-phase electrical panel and excellent tarmac accesses.

Fantastic location next to the EN2 with several shops and services nearby.

Book your visit now through our website! (Visit the videos section to find out how to do this!)

For more information do not hesitate to contact.

’YOUR HOME IN THE ALGARVE’

Discover this iconic building in the heart of Faro, licensed for Guesthouse/Residential use. With three fully renovated floors, it offers 30 modern ensuite rooms, while the ground floor provides a spacious area for commercial or service activities, allowing multiple revenue streams. An immediate investment opportunity in the historic city centre.

Key Features:

30 fully renovated ensuite rooms
4 floors, including versatile ground floor
Central location in Faro
Ground floor suitable for commercial use
Licensed for Guesthouse / Residential

Schedule your visit now with BUYME Property

Note.
1. For any information about this property, please always mention reference 240200
2. When scheduling a visit and making a visit, bring your identification document with you.

Hotel with 60 rooms in the centre of Faro, delivered with work completed.

Investment opportunity in Faro, Algarve. The property is located in the city centre, close to several shops, restaurants and other commercial spaces.

The building is in an advanced stage of renovation, with completion scheduled for the second half of 2025. With a gross area of 908m2, it has 30 suites spread over floors 2, 3 and 4. On floor 0 there will be a commercial area with 227 m². The owner sells the entire capital of the company that owns the property.

The information provided, although accurate, does not dispense with its confirmation nor can it be considered binding.

For more information, please do not hesitate to contact us.

Make a visit without obligation.

We are credit intermediaries. Also consult us for the best financing solution. License No. 1963.

This restaurant, located in a historic and busy area of Faro, is fully equipped and ready to start business immediately. With a welcoming atmosphere and a unique touch to its decor, the space offers a distinctive ambience that attracts locals and tourists alike.

The restaurant’s design combines the traditional with the contemporary, creating an inviting atmosphere for all occasions, from casual meals to more formal events. The kitchen is equipped with all the necessary equipment for immediate operation, including utensils, high-quality appliances and a practical layout, allowing for efficient, top-level service.

Ideal for those looking for a distinctive space that combines functionality with style, this restaurant offers an excellent opportunity to start or expand a business in the restaurant sector in one of Faro’s most sought-after areas.

With a privileged location in the heart of Faro, this property benefits from its proximity to local shops, tourist attractions and a vibrant, historic atmosphere. Ideal for investors looking for a versatile, fully functioning business in the Algarve.

For more information or to arrange a visit, please do not hesitate to contact us.

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Casas do Sotavento is a prestigious family business, recognized for the high quality of its products and projects, both in Portugal and abroad. Its mission is to provide a smooth and easy experience for clients, employees and investors, treating everyone with respect and attention. The company stands out for its transparency and honesty at every stage of the buying process, from the choice of property to final delivery. To find the property of your dreams, contact Casas do Sotavento and discover its products and services.

This unique building is ideal for the development of a hotel, residential property, or charming tourist project.

With a total gross private area of 908 m², the property offers generous spaces and excellent versatility, allowing each floor to be adapted to the investor’s needs.

Located in the heart of Faro, the capital of the Algarve, the building enjoys a prime central location, close to all amenities, shops, restaurants, public transport, as well as the historic center and the marina. Its strategic position on a corner and facing a square with a beautiful garden further enhances its investment potential.

The building is in the final stages of renovation and is currently structured as a hotel, spread over the ground floor and three upper floors.

- Floors 1, 2, and 3: each floor has 10 suites, totaling 30 units, some with large balconies and unobstructed views or views of the park gardens.

- Ground floor: with a total area of 227 m², ideal for shops, reception, or commercial spaces, maximizing rental potential.

The rehabilitation potential, combined with its central location and the charm of Faro, makes this building an exceptional opportunity for investors seeking to develop a distinctive and high-value project in southern Portugal.

Situated in Estoi, a small village near Faro, this business is within walking distance to all amenities and only 15 minutes from Faro Airport, beaches and golf courses.

The property consists of a 45 seat Restaurant on the ground floor with bar, fully equipped kitchen, bathrooms and currently serves Portuguese cuisine. On the first floor there is a 2-bedroom apartment with a kitchenette, bathroom, living/dining room and a terrace. On the second floor there is a studio apartment with a spacious loft and terrace were you can appreciate a fantastic view of the sea and Estoi XVII Century Palace.

If you are looking for a business opportunity with rental income then this is the perfect choice for you.

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