Commercial for sale in Faro

This fully refurbished four-storey residential building is a rare gem for investors seeking high rental income or flexible development options. Featuring 30 en-suite bedrooms and the potential to create a rooftop lounge with breathtaking sea and city views, this property offers unmatched versatility and value.

Key Features:

• 30 Modern Bedrooms: Each of the first, second, and third floors boasts 10 spacious en-suite bedrooms, making this property ideal for student housing, co-living spaces, or serviced apartments.
• Ground Floor Flexibility: The ground floor offers the option to establish a restaurant or convert the space into additional bedrooms, further enhancing the building’s capacity and revenue potential.
• Rooftop Lounge Opportunity: The rooftop presents an exciting possibility for transformation into a stylish lounge area, offering panoramic sea and city views, a perfect attraction for tenants, or a unique selling point for luxury rentals.

Prime Location:
Situated in a highly desirable area with easy access to beaches, shopping, and entertainment, this building guarantees a steady demand for rental units and commercial activity.

Exceptional Revenue Potential:
Whether you envision a high-capacity residential space, a mixed-use development with dining facilities, or an upscale rental property with rooftop amenities, this investment promises significant returns.

Don’t Miss Out:
This is a one-of-a-kind opportunity to own a fully refurbished property with incredible versatility and stunning potential.

Contact us today to schedule a viewing and start planning your next profitable venture!

Ref: PP175304

• Commercial
• 30 bedrooms
• 30 bathrooms
• Air conditioning
• Terrace/Balcony
• Kids play area
• Spacious
• Features great views
• Sea view
• Morning sun
• Evening sun
• South
• Near bars/restaurants
• Near schools
• Near shops
• Near the beach