Engel & Völkers

Project to build a modern loft in Vila Real de Sto António

€470,000
  • 7 Rooms
  • 4 Bedrooms
  • 6 Bathrooms
  • 377 m² Total surface
  • 223 m² Plot surface

Description

Approved renovation project to build a modern loft, with 4 ensuite bedrooms, is located in the historic center of Vila Real de Santo António. The property also features 2 guest bathrooms, 1 living room, 1 dining room, and 1 open kitchen that provides access to the outdoor patio and pool. On the 1st floor, you'll find, in addition to the bedrooms, another living room and a pantry. On the 2nd floor, you’ll find 2 terraces to enjoy the views. The typical and traditional façade of this property will be fully preserved according to the approved project, with renovation work only being carried out on the interior. This is a house that, thanks to its large windows, benefits from plenty of natural light. The mentioned project also includes another possibility: dividing the building into 2 apartments, each with 2 bedrooms, a kitchen, a dining room, a living room, 3 bathrooms, patios, and a pool. There are also two acquisition options for the property: 1. The option to purchase as turnkey project, with the renovation work completed and the loft ready to move in for 1.300.000 Euros; 2. The option to purchase the property + project, with all the renovation work still to be done, for 495.000 Euros. The choice is yours! For more information or to visit the site, please contact us. The Engel & Völkers Faro-Tavira team is here for you!

Features
Swimming pool
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Engel & Völkers Faro - Tavira

Your advisor: Domingos Palma

Property ID: W-02TKB9

Property details

Object type

Other

Condition

Needs Rehabilitation

Rooms

7

Bedrooms

4

Bathrooms

6

Number of Floors

2

Total surface

377 m²

Plot surface

223 m²

Energy efficiency information

Energy certificate available

No

Location: Vila Real de Santo António, Faro District

This modern loft is located in the historic center of Vila Real de Santo António. Situated on the border with Spain and bathed by the Guadiana River, this city boasts its great architectural Enlightenment heritage. The city served as a testing ground for the reconstruction of Lisbon after the devastating earthquake of 1755 and was founded by the express will of Marquis of Pombal in 1774. Comprising the parishes of Vila Nova de Cacela, Monte Gordo, and Vila Real de Sto António, the municipality offers access to all kinds of services, including an international private medical service, and magnificent beaches with crystal-clear waters and white sand, such as Monte Gordo, Fábrica in Cacela Velha, or Manta Rota. This is a municipality with a rich fishing tradition and a majestic centennial lighthouse. The second Portuguese city to have paddle courts in the 1990s, Vila Real also boasts tennis courts and a European-level High-Performance Training Complex (for football, athletics, rugby, archery, etc.). The city is conveniently located just 10 minutes away from the renowned Monte Rei golf course, has easy access to the A22 highway (Via do Infante), is a 45-minute drive from Faro International Airport, and is just 10 minutes from the Spanish border.

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Your shop

Engel & Völkers Faro - Tavira

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Provider:

João Agualusa & Elisa Ferreira, Lda

License partner of Engel & Völkers Residential GmbH

Commission details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represente that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.

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