Building for sale in Faro of 490 m²

INVESTMENT IN DOWNTOWN FARO CITY Building located at Rua de Portugal and Largo da Mota in downtown Faro.
The building had an approved project (meanwhile expired) for the construction of two houses in Rua de Portugal and five apartments (two T1, one T2 duplex and two T3 duplex) in Largo da Mota, with a total construction area of 756m2. The building currently has two tenants, one with an annual contract with a monthly rent of 550, and the other with an old contract with a monthly rent of 46. The building is sold as is and with the two tenants. It is undoubtedly a building with excellent investment potential, both for resale and for lease. For more information contact me!