850 000 €

Building in Faro (Sé e São Pedro), Faro

Faro, Faro

560 m²

Garage

Energy efficiency

Building for sale

Building in full ownership with 3 apartments suitable for independent use located at Rua Pedro Nunes nº38 in Faro. (2-bedroom + 4-bedroom + 2-bedroom + sub-basement + 2 box garages) This 4-story property is currently vertically owned (a single item) and already has 3 ACTIVE LOCAL ACCOMMODATION LICENSES. The building has a total area of 560m², distributed as follows: - Ground floor: 2-bedroom apartment, approximately 193m², with 133m² of private gross area: - 2 bedrooms; - Kitch...Building in full ownership with 3 apartments suitable for independent use located at Rua Pedro Nunes nº38 in Faro. (2-bedroom + 4-bedroom + 2-bedroom + sub-basement + 2 box garages) This 4-story property is currently vertically owned (a single item) and already has 3 ACTIVE LOCAL ACCOMMODATION LICENSES. The building has a total area of 560m², distributed as follows: - Ground floor: 2-bedroom apartment, approximately 193m², with 133m² of private gross area: - 2 bedrooms; - Kitchen with pantry; - Bathroom with shower; - Living room with access to a large 30m² south-facing balcony; - Enclosed 20m² patio at the entrance to the property. - 1st Floor: 4-bedroom apartment, with approximately 133m2: - 4 bedrooms, one of which is en-suite and another with a balcony; - 2 bathrooms; - Kitchen; - Living room currently converted into an en-suite bedroom; - Private access to part of the rooftop; - On the 2nd floor is the 2-bedroom apartment, with approximately 133m2, 70m2 of which is private area; - 2 bedrooms; - Kitchen and open-plan living room, currently converted into a bedroom; - Bathroom with shower; - Private patio on the rooftop. - Basement (ground floor at the rear) has 40m² of private area, plus around 30m² of backyard. The building also has 2 garages, each measuring around 15m². This is an excellent investment option, given the multiple options for profitability: - Profit from Local Accommodation by the Room or Apartment; - Investment in a conversion to Horizontal Property, in order to enhance the separate sale of the apartments; - Long-Term Rental. - Housing for large families. For any clarification or to schedule a visit, we have a team of professionals ready to give you all the attention you deserve. Additional information: ANNUAL PROPERTY TAX: €705.49 GPS coordinates: 37.0171779, -7.9245782 Municipal water supply – Yes Basic sanitation – Yes Fiber network – Yes

Details

Construction Year1986

Gross Area m²560

ElevatorNo

Private Gross Area m²560

Living Area m²460

GarageYes

Total Lot Size m²194

Price m²1 517 €

Floor- -

Location

Attributes

Garage

Mortgage Simulator

CENTURY 21 Realty Art

Albufeira, Faro

AMI 5101

André Valente Rodrigues

+351 913 898 *** See number

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Building in Faro (Sé e São Pedro), Faro

Building in Faro (Sé e São Pedro) with parking