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Great investment opportunity! Refurbished building in the center of Estoi

USD 555,031

Office & Commercial space (For sale)

3 bd
5 ba
2,553 sqft
  * Plot area: 327m2 * Living area: 185 m2 * Restaurant area: 141m2 * Construction year: 2004 * Walking distance to Estoi center * Active Business  * 2 Apartments with great Rental possibilities   Situated in Estoi, a small village near Faro, this business is within walking distance to all amenities and only 15 minutes from Faro Airport, beaches and golf courses. The property consists of a 45 seat Restaurant on the ground floor with bar, fully equipped kitchen, bathrooms and currently serves Portuguese cuisine.  On the first floor there is a 2-bedroom apartment with a kitchenette, bathroom, living/dining room and a terrace. On the second floor there is a studio apartment with a spacious loft and terrace were you can appreciate a fantastic view of the sea and Estoi XVII Century Palace. If you are looking for a business opportunity with rental income then this is the perfect choice for you. For more information… Consult the Experts!   * Plot area: 327m2 * Living area: 185 m2 * Restaurant area: 141m2 * Construction year: 2004 * Walking distance to Estoi center * Active Business  * 2 Apartments with great Rental possibilities   Situated in Estoi, a small village near Faro, this business is within walking distance to all amenities and only 15 minutes from Faro Airport, beaches and golf courses. The property consists of a 45 seat Restaurant on the ground floor with bar, fully equipped kitchen, bathrooms and currently serves Portuguese cuisine.  On the first floor there is a 2-bedroom apartment with a kitchenette, bathroom, living/dining room and a terrace. On the second floor there is a studio apartment with a spacious loft and terrace were you can appreciate a fantastic view of the sea and Estoi XVII Century Palace. If you are looking for a business opportunity with rental income then this is the perfect choice for you. For more information… Consult the Experts!
Reference: UHIE-T418
Country: PT
City: Faro Sé
Category: Commercial
Listing type: For sale
Property type: Office & Commercial space
Property subtype: Commercial space
Property size: 2,553 sqft
Bedrooms: 3
Bathrooms: 5

SALE PRICE PER SQFT IN SÉ

Average sale price per sqft
Aug 2019
3 months
1 year
House
USD 227
-8.5%
+0.9%
Apartment
USD 244
+10.8%
+15%

AVERAGE HOME VALUES IN SÉ

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

Portugal Property Experts
Avenida 5 de Outubro Edificio Bia, Bloco 3, Loja U,
Almancil 8135-100 Algarve
Reference: UHIE-T418 / 4018
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