198 000 €

Store in Montenegro, Faro

Faro, Faro
75 m²
Energy efficiency
Energy efficiency

Store for sale

Located on an elevated ground floor, the space is functionally distributed in 3 rooms (easily adaptable to bedrooms), living room, kitchen and 2 bathrooms. Conversion Potential and Profitability: Simplified process: The current layout of spaces and the existing sanitary network reduce the need for complex structural works, facilitating the change of destination from Services to Housing. Valuation margin: Opportunity to acquire commercial space at low cost with low-cost conversion to a residential T3 in a high demand area. Location: Located in a prime area of Gambelas, a few meters walk from the University of Algarve Campus and the Private Hospital (CUF). Strategic location that guarantees constant demand for rental (students, doctors and teachers) or for subsequent resale. Current allocation: Services (Note: Feasible process for changing use for housing. As there is an allocation of services, the acquisition is not eligible for traditional Housing Credit). Contact me for more information, consultation on the technical feasibility of conversion and analysis of profitability scenarios for this project! At KW Flash we share business with all real estate consultants or agencies licensed by AMI. If you are a professional in the sector and have a qualified buyer client, contact me and schedule your visit.

Details

Construction Year2003
Gross Area m²- -
ElevatorNo
Private Gross Area m²75
Living Area m²75
GarageNo
Total Lot Size m²- -
Price m²2 640 €
Floor- -

Location

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office-kw-flash-algarve-sotavento
KW Flash Algarve Sotavento
Faro, Faro
AMI 23350
TA
Tatiani Aguiar

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Origin Listing reference:id. KWPT-036675
Publishing date:
Last Update: