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€ 499,000

8 room luxury House for sale in Faro, Portugal

€ 499,000
178 m² 3 8

Description

Endless potential in the heart of Faro - your ideal rental investment starts here!



Incredible Rental Investment Opportunity in the Heart of Faro!



Looking for your next lucrative real estate investment? This is the perfect opportunity! A spacious 3-storey house with two additional extensions, located in the heart of Faro, offering unrivaled rental potential and ideal for students, families or long-term renters.



Key Features:

8 Bedrooms, providing various accommodation options.

5 Bathrooms, strategically distributed for convenience.

6 Kitchens, allowing for multiple independent tenants.

3 Living Rooms, ideal for communal or private use.

Two additional extensions, each perfectly suited as independent studios.

Location, location, location!

Faro Center: Close to the bustling city center, guaranteeing access to stores, restaurants and local attractions.

Close to Faro Airport: Just a 10-minute drive away, ideal for tenants looking for convenience.

Proximity to the University: Perfect for students, with the campus just a few minutes away on foot or by car.

Close to Medical Centers: Offers peace of mind to tenants and adds to the appeal of the property.

Investment Potential:

This property is ideal for:



Student Housing: Space for at least 10 students, with living areas and individual spaces.

Multifamily Rental: Comfortably accommodates 3 families, each with their own kitchens and bathrooms.

Extra Income: The 2 independent extensions are perfect for single professionals or additional tenants.

A Renovator's Dream!

Although the property is in need of renovation, its potential is enormous. The asking price reflects its future income-generating capacity and its prime location. With a few improvements, this house will become a highly sought-after rental gem in Faro.



Flexible Price - Make an Offer!

We are open to reasonable offers, and with its location and potential, this investment is a rare opportunity. Don't miss your chance to secure a high-income property in one of Faro's most desirable areas.



Contact us today to arrange a visit and explore the possibilities!
Energy Rating: D

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Details

Rooms:
8
Bedrooms:
8
Bathrooms:
3
Size:
178 m²
Energy Rating:
D
Interior Amenities:
Fireplace
Reference:
86094405

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Position