€3,050,000

Faro Algarve

Overview

SUMMARY: Discover an opportunity with this Faro commercial/office space for sale and available for €3,050,000. This could be your next ideal home or a smart investment. More details await.

Ideal for investors This building is a hotel currently undergoing renovation, consisting

of a ground floor, three upper floors and a rooftop of more than 200 m2. Located in the city center, in a highly desirable area within walking distance of the marina, shops and restaurants, it benefits from a corner position overlooking both a street and a pleasant garden square. The three upper floors (1st, 2nd and 3rd) include 30 suites, 10 per floor,
all in the final phase of renovation. Some suites offer large balconies with open views and/or views over the park gardens. The ground floor can be used to create boutiques, additional commercial spaces or extra suites, offering a total surface area of 227 m2. The rooftop, with a surface of over 200 m2 and not yet developed, offers outstanding potential for the creation of an attractive commercial space such as a lounge bar, a panoramic rooftop venue or a relaxation area.

200 1233010/ 227 200

200 . . ( ) 30 10 . / . 227 . 200 .

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Details

  • Beds: 30
  • Baths: 30
  • Price: €3,050,000
  • Internal Reference No.: COM006
  • Year Built: 1961

Amenities

  • Home
    • Air conditioning
    • Close to the beach
    • Central location
    • Terrace
    • Sea View
    • Close to golf course
    • Energy Certificate: in course

Location

Marketed by:

  • Arrabellimmo Terrasses & Jardins
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  • +351 215 876 793
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