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Urban Land with Ruin for Rehabilitation – High Potential – Historic Center of Quarteira
Faro-Loulé-Loulé
Ref: 86657580
€219.000
Located in the heart of Quarteira's historic center, at 88 April 25th Street, this urban land with existing building (1956) to be fully rehabilitated represents an excellent investment opportunity or housing project.
The property is classified as urban and currently consists of a ground-floor house used as a residence, with a covered patio and backyard, offering high appreciation potential.
Main features:
Total land area: 212.82 m²
Covered area: 136.93 m²
Uncovered area (patio / backyard): 75.89 m²
Nature: Urban
Location: Historic Center of Quarteira
The existing configuration allows for a complete rehabilitation project, with the possibility of elevation (adding an additional floor), enabling the creation of two independent apartments, subject to approval by the relevant authorities.
The location is a strong point of the property:
within walking distance of the city center, local shops, restaurants, services, public transports, and all amenities.
Ideal for:
Investors
Rehabilitation projects for resale
Investment for rental (long-term or tourism)
Own housing with profitability
A rare property on the market, with excellent appreciation potential, situated in one of the most sought-after areas of Quarteira.
3
Bedrooms
-
Bathrooms
136,93
Area