Algarve, Faro, Portugal

Set of three ruined buildings, totalling 487 sqm (gross construction area), in the historic centre of the city, next to the Teatro Lethes, in Faro, Algarve. Great investment opportunity due to the versatility of use that it allows, namely, construction of a building or reconstruction/rehabilitation of an existing building up to three floors with or without parking, for own use or as a small charming hotel with outdoor areas, or as a single-family villa(s).

Faro is the capital of the Algarve region in southern Portugal. The city has an attractive marina, pedestrian shopping street, parks and squares, and the old town with outdoor cafés and pedestrian areas. In addition to the museums and beautiful churches and chapels, Faro also has a vibrant nightlife.

Located in front of a public car park, a Health Unit - Ria Formosa and Teatro Lethes, 4-minute walking distance from Rua de Santo António (high street), where you can find shops, the main services, pharmacies, restaurants/bars, the Algarve Regional Museum, and the Court, 5 minutes from the marina, 6 minutes from the coach station and the railway station, and 13-minute driving distance from Faro Airport, and a two and a half-hour drive from Lisbon.
Energy Rating: Exempt
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