Omschrijving
If you are looking for a property with investment potential in Faro, this is an opportunity not to be missed! This building, which has 30 en-suite rooms, separated into 3 floors, is located in the heart of the city and benefits from a privileged location, with stunning views of the surrounding urbanisation.
Built in 1961, the building is undergoing a complete refurbishment, including the exterior walls lined with capoto (except for the ground floor, which will be left to be finished to the buyer's liking), with completion scheduled for early 2025, ensuring that each room meets modern expectations, while preserving the charm and history of the place. Its proximity to the Marina, just a few minutes away, adds even more attractiveness to this property, making it ideal for tourists who want to explore the city.
The central location provides easy access to a wide range of amenities, including supermarkets, pharmacies, theatres, and restaurants, with over 30 points of interest within walking distance. This ensures not only a steady stream of visitors but also a convenient experience for future guests.
Not only is this building a promising investment opportunity, but it also offers the chance to create a business of your own, whether as a hotel, hostel, or other type of venture in the hospitality industry.
If you are ready to take the next step towards being the owner of this magnificent building in Faro, don't miss this chance! Contact us for more information and to schedule a visit to the property.
Property located in the ARU zone, which brings several tax benefits.
It is worth mentioning that the sale of the building is linked to the acquisition of the shares of the owner company.
Energie Categorie: In proces
