Building in Faro with 410 m²

💎Premium Building in Faro: 9 Bedrooms & Modern Design 

Strategic Location | Fully Refurbished | Unlimited Tourism Potential

We present a unique building that has recently undergone a comprehensive, high-end renovation. This property seamlessly blends contemporary luxury with the traditional architectural charm that defines the capital of the Algarve.

✨Property Highlights

• 9 Spacious Bedrooms: All configured to provide maximum comfort, featuring excellent solar exposure and premium finishes.
• Total Renovation: Brand new plumbing, electrical systems, thermal/acoustic insulation, and high-quality flooring. Ready for immediate turnover.
• Functional Common Areas: Spaces designed for social flow and convenience—perfect for a boutique Guesthouse, luxury Coliving concept, or high-yield seasonal accommodation.

📍Prime Location: The Heart of Faro

The standout feature of this property is its immediate proximity to the Faro Marina.

• Steps from the Waterfront: Where cosmopolitan life meets the gateway to the Ria Formosa islands.
• Urban Convenience: Situated in the city's most prestigious area, surrounded by top-tier restaurants, theaters, and local commerce, ensuring high occupancy rates year-round.

📈Exploitation Potential

This building was engineered for those who recognize the value of tourism and seasonal yield. Faro has evolved from a transit point to a top-tier destination for digital nomads and travelers seeking authenticity. With 9 rooms, the monthly revenue potential significantly exceeds fixed costs, especially given the scarcity of high-quality supply in this specific location.

📋Lease Terms & Requirements

Monthly Rent: €6,500

To ensure the preservation of the asset and the viability of the operation, interested tenants must meet the following criteria:

• Proof of Solvency: Presentation of financial statements or a proven track record in hospitality/rental management. 

Housing Permit - 50/2025