Description
Building located in downtown Faro - License approved for 5 apartments
Old building located in downtown Faro, a few meters from the historic area of the city and 5 minutes from the Ria Formoso and the access for boats to the islands in the region.
This property currently has an approved license and specialties for the construction of 5 apartments, with a gross building area of 699.91 m2, which is distributed as follows:
Ground floor with 2 apartments:
T2 with a gross area of 108.32 m2 and a terrace of 13.6 m2
T2 with a gross area of 131.51 m2 and a terrace of 21.82 m2
On the 1st floor with 3 apartments
T2 with a gross area of 184.84 m2 and a terrace of 26.05 m2
T1+1 with a gross area of 105.53 m2 and a terrace of 11.56 m2
T2 with a gross area of 125.74 m2 and a terrace of 26.95 m2
An excellent opportunity in a highly sought after area, undergoing modernization and with immense potential.
Premier Algarve
Energy Rating: Exempt