SR32424 - Apartment - Faro - For sale

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  • 1
  • 782,86m2
  • 724,04m2
  • 583,89m2
Ref: SR32424
Sale price
1 150 000 €
  • 1
  • 782,86m2
  • 724,04m2
  • 583,89m2
Ref: SR32424

Building in ruin for construction of 4 apartments and 1 shop next to the Cathedral of Faro

Within the city walls of Faro, next to the Ria Formosa, is this residential building in an envelope full of charm and authenticity.

Consisting of 3 urban articles, on the ground floor and first floor, with a preliminary study for the construction of 4 apartments and 1 shop for commerce with a gross construction area of 1080m2.

All apartments have been designed with very generous areas. The building will have a shop on the ground floor, 1 T3 apartment on the 1st floor, 2 T3 Duplex apartments and 1 T2 Duplex apartment.

Located just a few steps from the majestic Cathedral of Faro, in the heart of the city's historic area, the privileged location of this building offers immediate access to services, commerce and entertainment, making it an ideal choice and an excellent investment opportunity.

The property is also the perfect place for the development of a Boutique hotel project with a capacity of about 28 rooms.

Faro marina is a 5-minute walk away and 100 metres away you will find the Portas do Mar Pier where you can take the boat to the famous Faro Island, Farol Island and Deserta Island.

Property Features

  • Central Location
  • Energetic Certification: Exempt
  • For Construction
  • Energy Certificate

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Location

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