€177,000

In the quiet area of Junqueira, in Castro Marim, you will find this urban building with enormous potential for transformation and enhancement. Currently allocated to commerce, this property has previously functioned as housing on the first floor and commercial space on the ground floor, thus providing an excellent framework for a conversion project into a single-family house or real estate investment. With a gross area of approximately 149.5 m² and set in a plot of 153 m², the property needs total refurbishment, making it ideal for investors, builders or clients looking to develop a personalized project in an increasingly sought-after area of the Algarve. The existing structure allows you to create a villa full of character, combining the traditional charm of the area with a modern and current concept. Due to its strategic location, proximity to beaches, quick access to Spain and the center of Castro Marim, this property has enormous potential for appreciation after work. If you are looking for a differentiating project, with room to create value and excellent profitability potential, this may be the right opportunity. Sale price: 177.000