€3,050,000

Hotel/Pension in the final stages of renovation, located in the historic area of Faro, between Largo do Carmo and the Municipal Market. The building is distributed in a basement, ground floor, three floors and backyard, with solar orientation to the south. Composed of about 30 rooms, including units on the upper floor with unobstructed views. The basement includes commercial spaces with the possibility of conversion into bedrooms or other facilities to support the project. Highlights: Approximately 30 rooms spread over several floors Basement with shops and potential for adaptation Rooftop terrace with a view Renovated building, with finishes in the final phase Backyard with outdoor support area Central location with good accessibility Ideal project for tourist or residential exploration Outdoor environment: Terrace with sun exposure to the south Backyard with functional space Facade facing a busy commercial area Strategic location: In the heart of downtown Faro Close to shops, pharmacies, restaurants and transport Just minutes from the airport and hospital Energy certification: ongoing. Year of construction: 1961. Parking: common in the surrounding area. Ready to finalize and adapt to the right concept a versatile asset in a valued location in Faro.

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