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Algarve, Faro, Portugal

£696,139
€789,990
IAD, Porto
PROPERTY TYPE

Block of Apartments

BATHROOMS

2

SIZE

4,951 sq ft

460 sq m

Description

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

Algarve, Faro, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    2.0 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 119915) 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.

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