Apartment T4 in Faro with virtual tour

1-BEDROOM APARTMENT + 3 ADDITIONAL SPACES WITH EXCELLENT INVESTMENT POTENTIAL

Next to the University of the Algarve – Penha Campus | Faro

Excellent opportunity for investors!

Apartment located next to the Penha Campus of the University of the Algarve (UAlg), approximately 100 metres from the university, in a particularly attractive location for those looking for a property with rental income potential.

The property currently features a layout that allows several existing spaces to be used as bedrooms, resulting from the adaptation of different areas and offering excellent potential for an investment and rental income project.

Main features:

• 📍 Prime location next to the University of the Algarve – Penha Campus;
• 🛏️ Current configuration comprising 1 bedroom + additional spaces;
• 🚿 2 bathrooms;
• 🍽️ Living area and kitchen in a kitchenette-style layout;
• 🛏️ Original bedroom;
• 🛏️ Living room currently converted into a bedroom;
• 🛏️ Suite created in the terrace area;
• 🛏️ Additional space currently used as a bedroom/studio;
• 📈 Excellent potential for investment and rental income;
• 🚗 Area with good accessibility and close to services, shops and public transport.

CURRENT LAYOUT

The property is currently arranged as follows:

Living area and kitchenette, original bedroom, living room converted into a bedroom, suite created in the terrace area and an additional space used as a bedroom/studio, as well as two bathrooms.

⚠️ IMPORTANT NOTE

According to the Portuguese Urban Property Tax Register (Caderneta Predial Urbana – CPU), the property is officially registered as a one-bedroom apartment (T1).

The additional spaces result from the use and adaptation of existing areas. Their use, as well as any potential changes to the current layout or designated use, should therefore be verified in advance by the prospective buyer.

The apartment is located on the 3rd floor of a building without a lift and may therefore not be suitable for people with reduced mobility.

📅 VIEWINGS

For better organisation, viewing requests should be made at least 2 days in advance.

AN OPPORTUNITY FOR INVESTORS

Its immediate proximity to the University of the Algarve, combined with the current layout and the possibility of generating income from the different spaces, makes this property particularly attractive to investors looking for a property with rental income potential.

Ideal for investors looking for an opportunity in Faro, in a strategic location next to the University of the Algarve.