Description
Lovers of traditional architecture and timeless elegance, this is a rare opportunity to acquire a historic gem from the 1920s, ideally located in the vibrant center of Faro. Positioned on the corner of two peaceful pedestrian streets, this unique property offers both charm and serenity just steps away from the city's cultural landmarks.
Set on a generous 254 m² plot, the building boasts over 450 m² of private surface area. It currently includes two 111 m2 commercial units on the ground floor, a spacious 222 m2 first-floor apartment, and a magnificent rooftop terrace with panoramic views over the city of Faro.
An inspiring architectural study has already been developed, proposing the transformation of the building into three independent residential units:
- One72.2 m2 one-bedroom apartment,
- One 68.80 m2 two-bedroom apartment,
- One 85.90 m2 two-bedroom apartment,
These apartments are designed on three levels: the entrance is on the ground floor, the apartments are on the first floor, and there is private access to the roof terrace, which is divided into three private terraces of 50 m².
These homes combine traditional volumes, including soaring 4-meter ceilings in several areas.
Each apartment has been designed for optimal privacy and comfort, embracing the Algarve's signature indoor-outdoor lifestyle.
This is a truly versatile investment whether you envision a luxury family residence, a boutique rental property (tourism license possible), or a high-end commercial/residential mix, the potential is unmatched.
Just steps from the Marina, Arco da Vila, shops, schools, and restaurants with Faro International Airport only 15 minutes away.
A rare architectural treasure, waiting to be revived in the heart of the city.
Please contact us for a viewing.
Energy Rating: Exempt
