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Apartment for sale

Faro City, Algarve, Portugal

£1,028,542 *  [€1,200,000]

Apartment for sale

Faro City, Algarve, Portugal

£1,028,542 *  [€1,200,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Full Description


Urban building intended for housing, with two floors, consisting of four T-2 apartments on the ground floor, one already renovated, the others in need of work, fraction 'A' with an area of 106m2, backyard and terrace on the 1st floor, fraction ' B' with an area of 74.90m2 and a yard, fraction 'C' with an area of 62.40m2, fraction 'D' with an area of 73m2, yard and terrace on the 1st floor, fraction 'E' on the 1st floor an apartment T-5, area 275m2, with large terrace and backyard, in need of work, the property faces two streets, all apartments have front and back entrance.

Its location in the central and historic area of Faro, 'Mouraria', this building is integrated in an Aru - Urban Rehabilitation Area, and can use funds at low interest rates and with great tax incentives, both in Vat, Imt, Imi and municipal licenses. , its solar exposure having sun from sunrise to sunset, its beautiful façade from the time it was built, beginning of the 20th century, facing south.

Due to its location, this building allows its future owners to enjoy a relaxed, urban lifestyle, allowing them to travel on foot and by bicycle, without needing a car.

All types of infrastructure are available nearby, 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 Shop with all its services, its proximity to the Ria Formosa Natural Park and its riverside promenade with all its maintenance circuits.

Close accessibility, river transport to the barrier islands - Farol, Deserta and Culatra - from our wonderful Ria Formosa and Praia de Faro, rail and road transport.

Faro Airport - 7Km
Highway - 7Km
Beaches and Golf 9Km
Algarve Forum Shopping Center - 1 km
Energy Rating: D
here 52845
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Map may not show exact location

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