We present an excellent investment opportunity in the city center of Faro. This single-story house, with a T3 type, offers a versatile space and a privileged location, ideal for both private housing and investment.
Important Note: The property currently has a 77-year-old tenant, with a lifetime contract and no descendants.
Income value is €100 Monthly.
This information must be considered when making an investment decision.
Main Features:
Total Area: 128 m²
Gross Area: 96 m²
Divisions: 5
Backyard: Yes
With a total area of 128 m², this property stands out for its central location, allowing easy access to all the amenities and services that Faro has to offer. The house has 5 rooms, providing a functional space that can be adapted according to the needs of the new owner. The backyard adds additional value by offering an outdoor space for relaxation or gardening.
Although the house requires some restoration work, it is in habitable condition, allowing the future owner the flexibility to make improvements at their own pace and taste. This is an excellent opportunity to create a welcoming home or a unique renovation project.
Furthermore, this property offers great potential for appreciation, being a great opportunity to build a 4-storey building, with the top floor set back. This construction possibility maximizes the land's potential, making it an attractive option for investors and builders.
About CasasdoSotavento:
CasasdoSotavento is a real estate agency recognized for its commitment to customer satisfaction and the quality of its services. With extensive experience in the real estate market, our team is dedicated to finding the best solutions for our clients, providing personalized and professional service.
Our mission is to help our clients find the ideal property, whether for home ownership, investment or any other purpose. With a diversified portfolio and an approach focused on the individual needs of each client, CasasdoSotavento is proud to be a reference in the real estate sector.
Contact us:
For more information about this property or to schedule a viewing, do not hesitate to contact us. We are available to answer all your questions and help you find the perfect real estate solution for you.
Energy Rating: F
#ref: CS-CT-91874