House T4 for sale in Faro

House T4 in Faro with virtual tour

Faro (Sé e São Pedro)

340 000 €

Buy
id. 123561012-539

157 m²

4

3

NC

Description

OLD HOUSE / PLOT WITH EXCELLENT DEVELOPMENT POTENTIAL!

Investment opportunity in a prime location in Faro!

Traditional property located on Rua José de Matos, Faro, in a central and well-established area of the city, close to Jardim da Alameda and Tomás Cabreira Secondary School.

The property is currently in its original condition and offers excellent potential for a renovation and value-enhancement project, allowing the future owner to explore a new residential solution tailored to their needs.

🏡 MAIN FEATURES

  • Traditional property requiring renovation;
  • Central location in Faro;
  • Close to Jardim da Alameda;
  • Near Tomás Cabreira Secondary School;
  • Potential to develop a 4-bedroom residential property, based on the previously developed project;
  • Excellent opportunity for a permanent residence or investment;
  • Property sold in its current condition.

📐 PREVIOUSLY APPROVED PROJECT

The property previously benefited from an approved project for a 4-bedroom residential property.

The 3D images shown in the listing are for illustrative purposes only and relate to the project that was previously approved, serving to demonstrate the transformation potential of the property.

⚠️ IMPORTANT INFORMATION

The property is sold in its current condition.

The project shown should not be considered currently approved. The buyer must confirm with Faro City Council the current planning status of the application, as well as the possibility of reinstating, amending or resubmitting the project.

📈 AN OPPORTUNITY FOR VALUE APPRECIATION IN FARO

The combination of location, size and renovation potential makes this property particularly attractive to those looking for an investment opportunity in a well-established area of Faro.

An excellent opportunity to transform a traditional property into a modern home, in a central and highly sought-after location. 

Details

Private Gross Area m²157
Gross Area m²- -
Total Lot Size m²175
Living Area m²175
Bedrooms4
Construction Year1951
Floor- -
WC/Bathrooms3
ElevatorNo
Parking1 Place
Electric Cars ChargingNo

Energetic details

Energy efficiency

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Map

Rooms

Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
Living Room
Credit Simulation
Listing Price
340 000 €
Monthly Payment (*)
0 €

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.