Situated in Faro, this substantial 684 sqm property in Loulé presents a unique investment opportunity. Comprising 17 bedrooms across multiple units, this building has undergone significant exterior restoration, including new waterproofing, insulation, and the installation of PVC windows with double glazing and electric shutters, ensuring enhanced energy efficiency. The interior spaces are thoughtfully distributed, with the first floor units (T3 and T4) nearing completion and offering expansive 90 sqm private terraces equipped with pre-installations for air conditioning, water heaters, and outdoor kitchens. Ground floor units (T3 and T3) include a 30 sqm terrace with BBQ facilities, while the basement houses additional T3 and T1 units. Modern infrastructure, including updated plumbing and electrical systems, is in place on the ground and first floors. The property's condominium status has been approved by the local council, with final project submission pending.