Algarve, Faro, Portugal

Studio T0 next to Hospital de Faro with income potential
This cozy T0 studio next to the Hospital de Faro is an excellent opportunity for those looking for a compact, functional property with high profitability potential. Originally designed as an office, the property has been converted into a comfortable apartment, ideal for own housing, short-term accommodation or monetization.

The main area includes a sleeping area with a double bed and a separate living room with a large sofa, providing a functional and comfortable environment. It also has a small bathroom. The kitchen is in a separate space, located on the lower floor, fully equipped and currently used exclusively for this purpose.

One of the great advantages of this property is the potential for appreciation and adaptation: there is the possibility of installing a kitchenette within the main apartment in a simple and economical way, allowing the current kitchen space to be transformed into an additional room for rent.

Key features
• Studio T0 converted from office
• Excellent state of conservation
• Sleeping area with double bed
• Separate and spacious living room
• Functional small bathroom
• Equipped kitchen in independent room
• Possibility to create kitchenette inside the apartment
• Potential for additional room creation for income

Exterior & Amenities
• Private outdoor parking space
• Central, convenient location
• Close to services, commerce and transport
• Good option for investment or income

Location
Located next to the Hospital de Faro, in an area with high demand for rental, especially by health professionals, students and displaced workers. The location offers easy access to the city center, essential services, restaurants and public transport.

Note: the property is not eligible for traditional mortgage, and it is necessary to purchase it through equity or other type of financing.

Ref.: VAP103421
REF: VAP103421