€1,900,000
€5,322/m²
Est. €7,252/mo mortgage
Other — 5 ch. — Loulé
Faro, Portugal · REF 120141144-1
- 5bedrooms
- 357 m²area
Other — 5 ch. — Loulé
Faro, Portugal· REF 120141144-1
5
bedrooms
357 m²
area
Homes
Property type
For sale
Listing type
About this property
Discover a unique mixed-use building in Loulé, Faro, offering 357 sqm of versatile space and five bedrooms, priced at 1,900,000 EUR. This property presents an exceptional investment opportunity with immediate income potential. The ground floor features an operational restaurant with a lease until 2028, fully equipped and including a terrace. Additionally, a separate two-room residential unit with a kitchen, bathroom, and garage occupies the right side of the ground floor. The first floor hosts two independent apartments: one with three rooms, a kitchen, bathroom, and two spacious terraces, and another with two rooms, a kitchen, bathroom, and a terrace. An independent annex provides extra living space with a living room, kitchen, bathroom, balcony, and a lower-level warehouse. The property also benefits from a courtyard and the significant potential to add two more floors, subject to planning permission, enhancing its value and profitability.
Mortgage calculator
€7,252 per month
Fixed 3.5% interest rate, indicative
IMT + stamp duty calculator
Estimated IMT + stamp
€157,700
- IMT (flat 7.5%)€142,500
- Stamp duty (IS 0.8%)€15,200
The property is located in Faro
RE/MAX Portugal
Listed by RE/MAX Portugal
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