Algarve, Faro, Portugal
- PROPERTY TYPE
Block of Apartments
- SIZE
Ask agent
Key features
- Total area: 490 sqm
- Construction year: 1951
Description
Building with two articles in total ownership, located on Rua de Portugal and Largo da Mota in downtown Faro.
The building had an approved project (which has since expired) for the construction of two houses on Rua de Portugal and five apartments (two T1, one T2 duplex and two T3 duplex) in Largo da Mota, with a total construction area of 756m2.
The building currently has two tenants, one with an annual monthly rental contract worth €550, and the other with an old monthly rental contract worth €46.
The building is sold as-is and with two tenants.
It is without a doubt a building with excellent investment potential, both for resale and rental.
For more information contact me!uilding located at Rua de Portugal and Largo da Mota in downtown Faro.
The building had an approved project (meanwhile expired) for the construction of two houses in Rua de Portugal and five apartments (two T1, one T2 duplex and two T3 duplex) in Largo da Mota, with a total construction area of 756m2.
The building currently has two tenants, one with an annual contract with a monthly rent of €550, and the other with an old contract with a monthly rent of €46.
The building is sold as is and with the two tenants.
It is undoubtedly a building with excellent investment potential, both for resale and for lease.
For more information contact me!
REF: -251
Algarve, Faro, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)1.8 miles
Advice on buying Portuguese property
Learn everything you need to know to successfully find and buy a property in Portugal.
Notes
This is a property advertisement provided and maintained by Remax Expogroup, Portugal (reference 96202_123561014-251) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.