Algarve, Faro, Portugal

Urban building with 5 autonomous fractions that is based on an exclusive functional program of collective housing in a condominium   With the project approved, it is proposed for the ground floor: the creation of 1 T1 apartment; 1 apartment T2; 1 T2 + 1 duplex apartment (using the space previously occupied by the kitchen on the 1st floor).   As for the floor of the 1st floor, it is proposed to create: 1 T2 duplex apartment (using the compartment located in the turret); 1 apartment T2+1.
The main access to the houses will be at nº 12 of Rua de São Pedro. The property is within the ARU (Urban Rehabilitation Area), allowing all tax and city exemptions and reductions in force at the time. The Property is classified, thus having several waivers and exemptions, as well as high tax benefits.  
The Construction license can be issued immediately, thus enabling the start of works, as soon as the promoter/future owner so desires.   The property can be converted into Tourist Apartments, however, subject to confirmation. Due to its location, this property provides its future owners with the enjoyment of a relaxed city lifestyle, being able to favor pedestrian travel, dispensing with the car. All kinds of infrastructure are available nearby: restaurants, schools, gardens, supermarkets, pharmacies, medical clinics, Hospital, Health Center, sports parks, public transport, Banks, Theaters, Museums, Police, National Republican Guard, Municipal Market and Loja do Cidadão with all its features, the proximity to the Ria Formosa Natural Park and its Riverside Walk with all its maintenance circuits.   Book your visit now and do not hesitate to contact me.
REF: -47