Fully renovated 30-room hotel in Faros historic centre
Charming hotel located in the heart of Faro, fully renovated and spread over four floors (basement, ground floor, first and second floors), with a total of 30 rooms and a private courtyard. A hotel ready to trade, ideal for those seeking a solid investment in the tourism sector.
Set in one of the citys most emblematic areas, it is a short distance from Faro Marina and the Old Town, enjoying a unique setting surrounded by traditional shops, restaurants, services and important cultural attractions. Nearby, Faro Riverside Park is also a popular spot for leisure and outdoor activities.
Its strategic location, just 10 minutes from Gago Coutinho Airport, reinforces this hotels potential, whether for immediate tourism operations or as a high-value asset in one of the Algarves most attractive and fastest-growing cities.
Energy Rating: B
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With a total gross private area of 908 m², the property offers generous spaces and excellent versatility, allowing each floor to be adapted to the investors needs.
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Consisting of 4 floors, 30 suites, ground floor it is possible to make more rooms, or shops.
The building is being completely remodelled, and the work is expected to end in early 2025.
The property is conveniently located with all the amenities you may need at your doorstep. In a few steps you will easily reach cafes, terraces, restaurants, market and local supermarkets.
A great place to reside and live in an authentic environment...