ALGARVE - Albufeira - Ruin for sale right in the heart of Old Town, perfect for a charm hotel Albufeira › Albufeira e Olhos de Água

  • For sale 298 000 €

 

Reference: RU-1998

  • Property description

    Ruin for sale in the heart of Old Town, with plenty of charm.
    All amenities and the beach are just a few meters away.
     
    It is a beautiful building dating from 1951, which should be fully rehabilitated.

    Great potential to explore as follows:
    - residential complex for 4 or 5 apartments for seasonal rental or permanent housing;
    - commerce on the ground floor and apartments on the 1st floor;
    - small hotel / hostel / B&B
     
    It is not possible to make a 2nd floor.
    The facade must remain the same.
     
    GREAT OPPORTUNITY FOR A SAFE INVESTMENT!
    • For sale 298 000 €
    • District: Faro
    • County: Albufeira
    • Parish: Albufeira e Olhos de Água
    • Zone: - - -
    • Status: Used
    • Reference: RU-1998
    • Property Type: Ruins
    • Covered Area: 408 m²
    • Land area: 238 m²
    • Energy Rating: Exempt
  • Location