Buildings for sale in Faro, Algarve, Portugal, until 750.000 €

Historic Center and Panoramic View, Estoi Traditional building with 2 floors and terraces with stunning panoramic views ensuring tourist or residential potential. Characteristic architectural elements of the region, it is intended for recovery with potential for tourist projects, permanent housing or investment for annual income. Located in a historic central area with immediate access to various shops and services. In close proximity to the main highways, facilitating the connection to all cities in the Algarve. Book your visit now through our website! (Visit the videos section to find out more know how to do it!) For more information do not hesitate to contact. ’YOUR HOME IN THE ALGARVE #ref:PRÉ_2848X_VEND

Two storey building, patio, good location, Faro, Algarve Urban building with two floors with large patio. With the possibility of building 4 floors, very well located, good for profitability. They have two door numbers, with the possibility to create parking inside. Located in the central area of the city of Faro, with a covered area of 201.50 in a plot of 200.17 m2, its sun exposure is east on the main facade and west on the back facade. Due to its location, this property provides its future owners with the enjoyment of a relaxed, urban lifestyle, and may favor pedestrian movements, dispensing with a car. The city of Faro, administrative capital of the Algarve region, with enviable cultural, educational and sporting spaces, beach and a stunning ’Ria Formosa’, among other features that alone make Faro an excellent city to live and work, where its density population is 318.70 inhabitants per km2 taking into account the 2011 censuses. In the proximities all types of infrastructure are available, we can find; restaurants, schools, gardens, supermarkets, pharmacies, medical clinics, Hospital, Health Center, sports parks, public transport, Banks, Theaters, Museums, Police, National Republican Guard, Municipal Market and Citizen’s Store with all its features, the proximity to the Ria Formosa Natural Park and its Ribeirinho Tour with all its maintenance circuits. Distance to points of interest - Faro Airport (8 km), Highway (8 km), Supermarket (200 Mts), Beach (9 km), Market (500 Mts), Pharmacy (100 Mts), Hospital (100 Mts), Bus (50 Mts) Mts), Golf (15 km), Restaurants (50 Mts), Shopping Center (1 km). #ref:EDI_49203

We present a unique building with great potential, consisting of three floors and a large store on the ground floor, located in a strategic area with excellent accessibility. This property stands out for its versatility, allowing different types of projects, from urban rehabilitation to tourist exploration. On the ground floor there is a spacious store, with excellent street front and great visibility, ideal for commerce, services or reception of tourist developments. The upper floors offer exceptional conditions for transformation into various housing typologies, making it possible to create modern apartments, studios or suites. Due to its configuration and location, this building is a rare opportunity for investors who want to develop a project of apartments for sale, residential units for rent, or for managers who aspire to create a local accommodation development, boutique hotel, guesthouse or coliving. It is an asset with a large margin of future appreciation, ideal for those looking to invest in a property with differentiating characteristics and high yield potential. *exempt from CE in accordance with paragraph 2 of article 18 of Decree-Law No. 101-D/2020, of December 7th. #ref:EDI_14137

Location: Located in the historic centre of Estoi, municipality of Faro, close to the Estoi Palace, the Roman ruins of Milreu and just 15 minutes from Faro, the beaches and Faro International Airport. Type of Property: Historic villa from the nineteenth century, consisting of two joined houses, with a total construction area of 751.20 m², spread over two floors and a panoramic terrace. Potential Use: The property can be transformed into a large residence or two independent units. It is also ideal for the development of a boutique hotel, commercial space or tourist unit. Property Layout: Ground floor: 2 kitchens, 9 bedrooms, 1 bathroom, 2 toilets, 3 storage rooms, terraces, garden, garage. First floor: 2 kitchens, 10 bedrooms, 1 bathroom, 2 toilets, 2 storage rooms, 3 terraces. Roof: Panoramic terrace with 2 bedrooms. Garden and Land: Garden with 1,161 m², with Mediterranean trees such as almond, fig, citrus and vines. Condition: Part of the property has been recently renovated, including the roof and double windows. Original features such as hardwood and tile floors have been preserved, combining traditional charm with modern updates. Accessibility: The property is within walking distance of all local amenities, such as shops, bars, restaurants and services. The location allows easy access to the sights and the centre of Faro. Investment Opportunity: With several possibilities of use, this property offers an excellent opportunity for those looking to invest in a unique property, whether as a residence, commercial space or tourist unit. #ref:170240152

Two-story building in Faro. 31m² backyard. Large terrace. Close to schools, public transportation, hospital, supermarkets, etc. Located in the Alto Rodes Urban Rehabilitation Area, it benefits from benefits, support, and incentives in terms of VAT, IMI (Property Transfer Tax), IMT (Motor Property Transfer Tax), and licenses. #ref:5040