Manor building in Faro downtown

€2,150,000

575 m² Total surface
380 m² Plot surface
51 m² Terrace surface

Description

Manor building from the end of the 19th century. XIX, with a unique location, in downtown Faro. This building consists of 2 floors. The ground floor comprises 3 warehouses and the 1st floor comprises 2 apartments. The warehouses have enormous potential to be converted into 3 lofts of very generous dimensions, with fabulous ceilings, ideal for creating a mezzanine. The apartments have a private area of 186m2 and 135m2 respectively, both with a terrace and two independent entrances. The building needs some rehabilitation works and has enormous potential, depending on the creativity of the investor. This is undoubtedly a rare real estate investment opportunity, in the most important area of historic and urban interest in Faro. For more information, please do not hesitate to contact us!

Features

BalconyBasementPatioTerrace

Engel & Völkers Faro-Tavira

+351 938 533 413

Your advisor: Luis Marçalo

Property ID: W-02N5SG

Location: Faro, Faro District

Excellent location in Faro downtown, few minutes’ walk from the Marina and the historic centre, next to the main shopping street and all services. This historic building is in an area of high demand, 10 minutes by car from the beach and in an area with easy access to the famous islands of the Ria Formosa Natural Park. The building is also close to the train and bus station and Faro International Airport is just 10 minutes away. Access to the A22 (via do Infante) is also relatively quick and easy. The city of Faro has Public and Private Health services with permanent care and has the renowned University of the Algarve.

Commission details

The Amounts related to outstanding fees of any kind, as well as registration costs for leases, must be paid by the owner. The mediator commission must be paid by the owner, as stipulated by the Portuguese law. Property availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot guarantee that it is accurate or complete at any time, therefore it cannot be relied to us any responsibility regarding that. This offer is subject to errors, omissions, price changes or withdrawal without notice, and it cannot be relied to us any responsibility for that.