Key Facts
- MLS® #: 105240416
- Property ID: SIRC2183575
- Original Price: EUR 700,000
- Property Type: Residential, Multi-Family Home
- Lot Size: 1,291.67 sq.ft.
- Year Built: 1951
- Listed By:
- Vilamoura Office, Virgolino Gomes
Property Description
Discover a rare opportunity in the heart of Faro, Portugal. This prime waterfront property offers breathtaking views of the Ria Formosa, one of Europe's most stunning natural parks. For Business Investors: * Prime Development Site: This property offers an exceptional opportunity to create a prestigious high-rise building with breathtaking views. The property's unique location and development potential make it an ideal investment for commercial projects. * Strategic Location: The property's location in the heart of Faro ensures excellent accessibility and visibility. Benefit from the upcoming Marina project and the property's proximity to transportation hubs and essential amenities. * High Return on Investment: The combination of prime location, waterfront views, and development potential makes this an attractive investment opportunity. As the demand for high-quality commercial properties in Faro continues to grow, this property is poised to deliver a strong return on investment. For Private Buyers: * Waterfront Serenity: Imagine waking up, opening the windows and feel the fresh sea breeze. Enjoy the tranquility of your waterfront home while being just a short walk away from the vibrant city center. * Urban Convenience: Faro offers a perfect blend of city life and natural beauty. Explore charming streets, bustling markets, and the Faro islands, all while enjoying the serenity of your waterfront residence. * Investment Potential: Owning a waterfront property in such a sought-after location is not only a lifestyle choice but also a sound investment. As Faro continues to grow in popularity, property values are expected to rise. Additional Highlights: * Stunning Ria Formosa Views: Enjoy panoramic views of the Ria Formosa, a UNESCO World Heritage Site known for its diverse ecosystems and stunning natural beauty. * Convenient Location: The property is situated within walking distance of the train station, bus station, and essential amenities, making it a convenient and accessible location for both residents and visitors. * Investment Potential: The property's prime location and development potential make it an excellent investment opportunity for both private buyers and businesses. Don't miss your chance to own a piece of Faro's history. Contact us to schedule a viewing and discover the limitless possibilities of this extraordinary property.
Listing Agents
- Vilamoura Office
O. +351914530933
- Virgolino Gomes
O. 351919224919
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Portugal Sotheby’s International Realty
Algarve, Vilamoura, Quinta Lago, Vale lobo Av Marina, Vila Lusa, Loja 5
Vilamoura, Faro, 8125-401
Portugal
(+351) 919 224 919