For Sale, EUR 650,000
Lagoa, Faro, Portugal
Property Type : Single Family Home
Property Style : N/A
Build Size : 4,344 ft² / 404 m²
Land Size : 8,078 ft² / 750 m² Convert Land Size
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: 106230149
Property Description
Explore the unlimited potential of this exclusive set of three residences, strategically located in the charming town of Lagoa. With independent parking entrances and a generous 750-square-meter plot, this property presents a unique opportunity for rehabilitation and revitalization. Whether for the construction of an apartment block, a private residential project, or even a boutique hotel or hostel, the options are vast. Situated in a strategic area of Lagoa, this cluster of residences provides easy access to all local amenities, public transportation, and recreational areas, allowing you to enjoy the convenience of being in the heart of the city while investing in your future. Along with its construction capacity, this property also permits the development of a space with a pool and private areas, offering convenience and practicality for future residents, tenants, or guests. This distinctive feature adds value and functionality to the rehabilitation project. With the growing interest in urban revitalization, this set of residences holds vast potential to become a modern and attractive development. The rehabilitation of these structures will allow the creation of contemporary residential spaces aligned with current real estate trends. The generous 750-square-meter plot provides space for expansion and customization of the rehabilitation project. Whether creating landscaped gardens, outdoor social areas, or additional facilities, this plot offers flexibility to meet the needs of any investment. Furthermore, the property benefits from the Urban Rehabilitation Areas Program (ARU), meaning potential tax incentives and government support for rehabilitation, making this investment even more enticing. Don't miss the opportunity to be part of the revitalization of this charming town. This cluster of residences represents a unique perspective for visionary investors. Schedule a visit and discover the infinite potential of this real estate endeavor.
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Lifestyles
* Historic/Antique
House for Sale, Portugal,Faro,Lagoa is a 4,344ft² Lagoa luxury Single Family Home listed for sale EUR 650,000. This high end Lagoa Single Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Lagoa or search for luxury properties for sale in Lagoa.