€595,000

Classic house with traditional features, located in ARU (Urban Rehabilitation Area), allowing better financing conditions and reduced VAT for renovations. Ideal for those seeking a primary residence or a property to rent in a high-tourism potential area. Features: - Traditional house with standout details, including wooden doors and ceilings. - Located in ARU, benefiting from facilitated financing and reduced VAT for renovations. - Total plot area: 508 m² Gross dependent area: 183 m² Gross private area: 155 m². - Excellent opportunity for a primary residence or tourism investment.Surroundings: - Central location, on one of Ferragudos main streets, close to shops, restaurants, and services. - A few meters from the Arade River and local beaches such as Praia do Pintadinho, Praia dos Caneiros, Praia Grande, and Praia do Molhe. - Easy access to Portimão and Lagoa (15 min), as well as nearby resorts and golf courses.Highlights: - Perfect project to renovate and enhance the property in a high-tourism demand area. - Combines traditional charm with a premium location, offering multiple possibilities for residence or rental. - Sustainable investment opportunity, taking advantage of ARU incentives and regional growth.Schedule your visit and discover the full potential of this unique house in Ferragudo. Energy Rating: F #ref:VM902 - VM902 - Mimosaproperties - Mediacão Imobiliaria