Single Family Detached Montenegro

In a market where finding space and potential for appreciation is increasingly rare, this house presents a unique opportunity. Located in Gambelas, one of the most sought-after areas of Faro, it is just minutes from the University of Algarve, the Algarve Private Hospital, about 8 minutes from Faro Beach, and only 5 minutes from the Airport.

Set on a 450 m² plot, it has a 250 m² footprint and 304 m² of gross construction area, complemented by a spacious basement. Built in 1990 and retaining its original character, it is an excellent opportunity for those looking to modernize and add value to a property.

Currently, the space is organized into:
- A main area with a 4-bedroom layout and two bathrooms
- A second residential area with 2 bedrooms, two bathrooms, and an independent entrance
- A basement, originally for storage, converted into two residential zones with 2-bedroom layouts

Outside, one of the property’s greatest assets is a large garden with fruit trees including fig trees, avocado trees, olive trees, loquats, and guava trees. There is also space for a vegetable garden, a barbecue area, two generous terraces, and enough room to build a swimming pool.

The house also offers private parking on the side and two fireplaces located in the main social areas.

Due to its size, location, and versatility, this property is especially suitable for investors looking to develop a renovation and value-adding project, whether for resale, rental, or for those wanting to create a unique home in one of the most in-demand areas of Faro municipality.

At KW Flash, we provide support with financing processes if required. Our agency has a Credit Intermediary authorized by the Bank of Portugal, guiding you throughout the entire process.

KW Flash shares listings with all licensed real estate consultants and agencies because we believe that together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me to schedule a visit.

This property is exclusively listed to provide you with excellent service.