Newly Remodelled, Modern 2 Bedroom Apartment, Centrally Located In Faro
€ 370,000£ 326,579$ 441,207
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Faro, Eastern Algarve
Ownership Status: Company
Built in: n/a
70m2 Build size
€ 5,286£ 4,665$ 6,303
/ m2 build
75m2 Plot size
€ 4,933£ 4,354$ 5,882
/ m2 plot
We are proud to present to you this newly remodelled apartment in No.9 Faro, located in the Capital city of the Algarve. The apartment consists of a living room, kitchen, pantry, dining area, two bedrooms and one bathroom. The fully furnished modern apartment also comes with its own private terrace. There is also a beautiful communal rooftop garden for all tenants to enjoy.
This stunning apartment comes with a fantastic investment opportunity. Eligible for the Golden Visa and promising 4% net rental yield.
No.9 Faro is directly opposite the popular secondary school Tomás Cabreira. The Faro Municipal Market is a 5 min walk (550m from the building) popular for its daily local fresh produce. Faro train station is 1.5 km from the building with trains to Lisbon and Porto. Faro old town and the marina is a 10 min walk, around 1km from the building. You can find a large Pingo Doce supermarket a mere 210m away from your door.
The amazing Faro shopping centre (Forum Algarve) is 2.7km from the building and Mar shopping with its designer outlet is 14.5km.
Faro itself is an enviable location recognised for its many seafood restaurants, café’s, bars, beaches and championship golf courses. Enjoy boat trips along the Unesco protected Ria Formosa or the many stunning islands accessed via ferry in addition to cathedrals and historical buildings. Stacked up against the rest of Western Europe, Faro is quickly becoming an ex-pat haven that comes out on top for affordability with a first-world lifestyle. Faro airport, the main international airport of the Algarve can be reached within a 15-minute drive.
Faro has retained its peaceful ambience and traditional charm that is centred around the pretty walled Old Town.
It is situated on the edge of the Ria Formosa national park, a series of saltwater lagoons and mudflats that are a haven for migratory birds and wildlife. The city is very scenic, especially within the old walled town and area surrounding the marina.
Faro boasts more historic monuments and buildings than many other Algarve towns, while the pleasant shopping zone is lined with open-air cafes and designed for Portuguese shoppers. Forum Algarve is a classic shopping center catering to all tastes.
Faro makes a great central base from which to explore the Algarve, and all it has to offer. It has some of the best beaches in the Algarve, very tranquil and quieter than its neighbouring beaches, yet still with plenty of bars, restaurants, amenities and activities to choose from.
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