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

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!