House T4 for sale in Faro

Faro (Sé e São Pedro)
426 000 €Sale
id. 123561183-8
176
4 Bedrooms

Description

House T4 for sale 4-Bedroom Townhouse for Renovation with Potential for 2 Two-Bedroom Apartments | Faro We present this 4-bedroom townhouse, located on Estrada de São Luís, in one of the most sought-after residential areas of Faro, benefiting from a privileged location due to its proximity to the University, District Hospital, services, shops and main access roads to the city. Set on a plot of land measuring 208 m², the property has 120 m² of uncovered area, 88 m² of building footprint and 176 m² of gross private area, distributed over the ground floor and first floor. The ground floor comprises a hallway, two bedrooms, living and dining room, kitchen, pantry, toilet, terrace at the front of the house and a pleasant private backyard of approximately 60 m² at the rear. On the first floor, we find a similar layout, with two bedrooms, living room, kitchen, pantry, toilet, balcony, and access to a second private backyard of approximately 60 m², providing excellent outdoor areas and multiple possibilities for use. The house was built in 1960 and currently requires rehabilitation work, representing an excellent opportunity for those wishing to develop a renovation and real estate enhancement project. Due to its characteristics and distribution, this property has great potential for the creation of two independent dwellings, namely two T2 apartments (subject to obtaining the respective municipal authorizations). It is also noteworthy that the ground floor has been rented to a family for several years , a situation that can represent an immediate source of income for the future owner. An excellent investment opportunity or for own housing, in a consolidated and highly sought-after location in the city of Faro. * With great potential for appreciation!!! For more information or to request a visit, please contact me! ----------------------------- //// -----------------------------

Details

Gross Area m²
176
Total Lot Area m²
208
Living Area m²
88
Bedrooms
4
Year of Construction
1960
Elevator
No
Parking
No
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
Living Room

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value426 000
Down Payment
42 60010%
Amortization Period:30 years
Monthly Payment (*)1721,64

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant