House in ruins in the center of Faro

Property, in ruins, with an approved project for the construction of a house with 107 m2 of gross area, on 3 floors with an implantation area of 30 m2, located in the center of Faro, next to the Carmo Church, with the following characteristics:

Useful area: 90 m2
Gross area: 107 m2
Implantation area: 30 m2
Land area: 30 m2

The project, approved by the Municipality of Faro, foresees a construction with a green and sustainable concept, using high quality materials and techniques, allowing savings in water and energy consumption, in addition to providing a small eco-friendly vegetable garden and it is divided into:-

2 Bedrooms (1 en-suite);
- 2 Bathrooms
- Kitchen and living room
- Terrace with barbecue and 2 balconies.

If you choose the turnkey solution the final value will be Euros 425,000.00,
If you choose to buy the ruin the value is €165,000.00.

The property is located 600 meters from Faro Dock, 1.5 km from the University, 7 km from Faro International Airport and 9 km from Faro beach (Island).

Excellent opportunity for those who want to live in the city center.