$3,562,251

Hotel With 30 Rooms And Shops In The Final Stages Of Renovation In Downtown Faro

  • 30 Beds
  • 32 Baths
  • 9,774 Sqft
  • 2,638 Sqft lot
  • Updated: July 14
  • 1
    Views for last 30 days

About the Property

Hotel/Pension in the final stages of renovation, located in the historic area of Faro, between Largo do Carmo and the Municipal Market. The building is distributed in a basement, ground floor, three floors and backyard, with solar orientation to the south.

Composed of about 30 rooms, including units on the upper floor with unobstructed views. The basement includes commercial spaces with t
Hotel/Pension in the final stages of renovation, located in the historic area of Faro, between Largo do Carmo and the Municipal Market. The building is distributed in a basement, ground floor, three floors and backyard, with solar orientation to the south.

Composed of about 30 rooms, including units on the upper floor with unobstructed views. The basement includes commercial spaces with the possibility of conversion into bedrooms or other facilities to support the project.

Highlights:
– Approximately 30 rooms spread over several floors
– Basement with shops and potential for adaptation
– Rooftop terrace with a view
– Renovated building, with finishes in the final phase
– Backyard with outdoor support area
– Central location with good accessibility
– Ideal project for tourist or residential exploration

Outdoor environment:
– Terrace with sun exposure to the south
– Backyard with functional space
– Facade facing a busy commercial area

Strategic location:
– In the heart of downtown Faro
– Close to shops, pharmacies, restaurants and transport
– Just minutes from the airport and hospital

Energy certification: ongoing.
Year of construction: 1961.
Parking: common in the surrounding area.

Ready to finalize and adapt to the right concept — a versatile asset in a valued location in Faro.
  • Property type

    House

  • Year built

    1961

  • Price/sqft

    $364

Features

Explore the Area

Sao Pedro, Faro (Se e Sao Pedro), Algarve, Portugal View on Google Maps
Price per sqft
Low
High

View 645 more listings in Faro (Se e Sao Pedro)

Brava Properties

Joined 4 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Brava Properties
Portugal
View agency profile
65
Listings
2022
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Brava Properties
Portugal
View agency profile
Last updated
July 14
First listed
Jul 9
Listing reference
BRV-929
Call

Start phone call with:

Hello, I’m calling for the property with the reference BRV-929, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.