Algarve, Faro, Portugal

Old House Center Faro
BUILDERS

Old house, in ruin, with 5 rooms located in the center of Faro, just a few minutes walk from the Marina, and shops/services.

The existing house has 1 floor, with a plot of 74 m2, with a gross construction area of 54 m2 and an uncovered area of 20 m2.
It is in a privileged area, ideal for restoration or demolition and construction of a new house, or construction of apartments, it is attached to a 5-storey building, and in front there are buildings with 3 floors, so at least 3 floors can be built, there is no project . It has two entrances and a leisure/garden area at the back. Easy access to services and shops.
This house needs renovation/reconstruction work.

An exceptional opportunity to purchase a house in the heart of the city for housing or business
Great potential for investment.

Faro, capital of the Algarve, located in the south of the country, has around 60,000 inhabitants spread over 210km. With gastronomy enjoyed by all, white sand beaches and mild waters, many seek this region as a holiday retreat, which gives it great potential in terms of the tourism sector.
Currently, due to its central role and as regional capital, Faro has important infrastructure and public services for the region. It has Faro International Airport where it receives around 5 million tourists per year and also the University of Algarve, known internationally in the areas of marine sciences.
At a cultural level, the city has a good offer in terms of churches, museums, theater, well-kept parks, an attractive marina, an interesting historical area as well as local commerce.
There are many reasons that make Faro an interesting city, both to live in and as a mandatory stop on the itinerary of any tourist visiting Portugal.

Distances from Faro to:
Faro International Airport -6.5 km
Faro Beach - 9 km
Loulé - 17 km
Vilamoura - 27 km


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