EXCEPTIONAL INVESTMENT OPPORTUNITY – HOTEL BUILDING WITH 30 SUITES IN DOWNTOWN FARO
Key Information
- Price:
- €3,050,000
- Reference:
- PP175304
- Type:
- Commercial
- Location:
- Faro, Eastern Algarve
- Region:
- Algarve
- Country:
- Portugal (PT)
- Bedrooms:
- 30
- Bathrooms:
- 30
- Living Area:
- 908m2
Description
This fully refurbished four-storey residential building is a rare gem for investors seeking high rental income or flexible development options. Featuring 30 en-suite bedrooms and the potential to create a rooftop lounge with breathtaking sea and city views, this property offers unmatched versatility and value.
Key Features:
- 30 Modern Bedrooms: Each of the first, second, and third floors boasts 10 spacious en-suite bedrooms, making this property ideal for student housing, co-living spaces, or serviced apartments.
- Ground Floor Flexibility: The ground floor offers the option to establish a restaurant or convert the space into additional bedrooms, further enhancing the building’s capacity and revenue potential.
- Rooftop Lounge Opportunity: The rooftop presents an exciting possibility for transformation into a stylish lounge area, offering panoramic sea and city views, a perfect attraction for tenants, or a unique selling point for luxury rentals.
Prime Location:
Situated in a highly desirable area with easy access to beaches, shopping, and entertainment, this building guarantees a steady demand for rental units and commercial activity.
Exceptional Revenue Potential:
Whether you envision a high-capacity residential space, a mixed-use development with dining facilities, or an upscale rental property with rooftop amenities, this investment promises significant returns.
Don’t Miss Out:
This is a one-of-a-kind opportunity to own a fully refurbished property with incredible versatility and stunning potential.
Contact us today to schedule a viewing and start planning your next profitable venture!
Ref: PP175304
Property Features
- Commercial
- 30 bedrooms
- 30 bathrooms
- Air conditioning
- Terrace/Balcony
- Kids play area
- Spacious
- Features great views
- Sea view
- Morning sun
- Evening sun
- South
- Near bars/restaurants
- Near schools
- Near shops
- Near the beach
Why Choose Berkshire Hathaway HomeServices Portugal Property?
When buying real estate in Portugal, one name stands above the rest—Berkshire Hathaway HomeServices Portugal Property (PortugalProperty.com). As part of the Berkshire Hathaway network, owned by Warren Buffett, we are backed by one of the world's most powerful and trusted brands, ranked fourth most admired globally.
With 10 offices across Portugal—spanning the east to west Algarve, Lisbon, Porto, Cascais, Madeira, and the Azores—we offer unmatched local expertise and national coverage.
Our network includes 50,000+ brokers across 1,400+ offices worldwide, ensuring clients benefit from both global reach and deep market insight. In Portugal alone, we have over 100 brokers, equipped with luxury vehicles to personally guide clients to their ideal properties.
Exclusive Access & Full-Service Support
We offer exclusive listings, and if this property isn't the perfect fit, our strategic partnerships with Portugal's top agencies ensure we'll find the right one. From legal guidance and financing to property management, we provide end-to-end service for a seamless buying experience.
A Brand Built on Trust & Results
With Berkshire Hathaway HomeServices, you're choosing a global leader in real estate, known for integrity, strength, and results. Buying a home is one of the most important investments you'll make—partner with a name you can trust.
Your perfect home in Portugal awaits. Let's find it together.
PortugalProperty.com
