Fabulous Old Building with two 2 Bedroom +1 Self Contained Renovated Apartments with Roof Terrace
€ 425,000£ 375,124$ 506,792
21-11-2018€ 450,000€ 425,000-6%
Overall price change-6%
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Faro, Eastern Algarve
Ownership Status: Company
Built in: 1967
160m2 Build size
€ 2,656£ 2,344$ 3,167
/ m2 build
Just a minutes walk to Faro Marina with its bars and cafes this is a wonderful location. Take the ferry from the marina to Faro Island or take a boat trip to the Ria Formosa. Faro is the capital of the Algarve its history is reflected in the architecture, museums, theatres, shops and restaurants. Full of live with a strong community Faro is fast becoming the city location to be in the Algarve.
Set over 3 floors this old traditional building within the city of Faro has many potential uses. Carefully and sympathetically modernised it has been divided into two self contained apartments. Both apartments have 2 double bedrooms with an additional single bedroom or storage room. The hallway leads down past the modern bright bathroom to an open plan kitchen and lounge area. Pre installed for air conditioning it has new double glazed windows and sound proofed treated shutters.
An open and bright staircase leads to the 1st floor apartment, this is laid out the same as the ground floor but with a slightly different decor in the kitchen and bathroom.
The roof terrace is very spacious and has two good sized storage rooms. There is also laundy room.
There are so many options available for this property, an ideal holiday home, large enough for a family home or as an excellent rental opportunity.
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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