590 000 €
Guest House | T10 | 12% Revenue
Building 10 Bedrooms
10 Bedrooms 5 Bathrooms
Faro (Algarve), Faro (Sé e São Pedro) (Algarve), Av 5 de Outubro (Sé) (Algarve)
Renovated Residential Building in a quiet location in the city of Faro, near “Avenida 5 de Outubro”, currently operating as a Guest House, named "Lemon House".
This building consists of 3 floors and a roof terrace:
- On the ground floor there are 2 bedrooms, a living and a dining room, a bathroom, a kitchen with a pantry and access to a beautiful backyard;
- On the 1st floor there are four good sized bedrooms, 2 bathrooms, a kitchen and a nice living room;
- On the 2nd floor there are 3 bedrooms and a bathroom (one of the bedrooms can be converted into a kitchen);
- There are also two closed garages and a parking space.
Important to relate that, all floors are connected with an internal and independent staircase, which makes each floor private.
The stairs give access to the roof terrace, where there is a pleasant leisure space with a panoramic view over the city,
If you intent to keep this property, working as a GuestHouse, you can get a cost-effectiveness close to 12%.
For more information, contact us and come to know this great opportunity.
- Price: 590 000 €
- Status: For Sale
- Gross Area: 462 m2
- State: Good
- 10 Bedrooms
- 5 Bathrooms
- Construction year: 1957
- Parking type: 3 Covered
- Energy certificate: D