Building for sale in Faro

Faro (Sé e São Pedro)

Price reduction

595 000 €
650 000 €
8%

Buy
id. 123561014-251

490 m²

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NC

Description

INVESTMENT IN THE DOWNTOWN OF FARO CITY

Building with two articles in total ownership, located on Rua de Portugal and Largo da Mota in downtown Faro.

The building had an approved project (which has since expired) for the construction of two houses on Rua de Portugal and five apartments (two T1, one T2 duplex and two T3 duplex) in Largo da Mota, with a total construction area of ​​756m2.

The building currently has two tenants, one with an annual monthly rental contract worth €550, and the other with an old monthly rental contract worth €46.

The building is sold as-is and with two tenants.

It is without a doubt a building with excellent investment potential, both for resale and rental.

For more information contact me!uilding located at Rua de Portugal and Largo da Mota in downtown Faro.

The building had an approved project (meanwhile expired) for the construction of two houses in Rua de Portugal and five apartments (two T1, one T2 duplex and two T3 duplex) in Largo da Mota, with a total construction area of ​​756m2.

The building currently has two tenants, one with an annual contract with a monthly rent of €550, and the other with an old contract with a monthly rent of €46.

The building is sold as is and with the two tenants.

It is undoubtedly a building with excellent investment potential, both for resale and for lease.

For more information contact me!

Details

Private Gross Area m²490
Gross Area m²- -
Total Lot Size m²- -
Living Area m²490
Bedrooms- -
Construction Year1951
Floor- -
WC/Bathrooms0
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiencyEnergy efficiency

Map

listing-map-picture
Credit Simulation
Listing Price
595 000 €
Initial Value
Duration (Years)
30 years
Monthly Payment (*)
2010.52

(*) 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.