Exceptional Property for Renovation in the Heart of Vila Real de Santo António

Discover this investment opportunity in the historic Pombaline of Vila Real de Santo António. This building, currently consisting of 2 floors, is situated in a prime location close to the city centre, offering significant potential for renovation and high returns. Property Features: - Location: Nestled in the Pombaline district, a renowned historic area near the centre of Vila Real de Santo António. - Current Layout: The building features 5 access doors and is divided into: 4 independent 3-bedroom apartments 1 independent 2-bedroom apartment Totaling 14 rooms and 5 bathrooms - Potential for Division: There is the possibility of dividing the property into 5 independent units, making it ideal for local accommodation or annual rentals. - Roof Terrace: The building includes a roof that can be transformed into a terrace, offering stunning views over the rooftops and extending to the River Guadiana and Spain. Investment Potential: This property is perfect for investors looking to capitalize on the growing demand for rental properties and local accommodation in Vila Real de Santo António. The potential to create multiple independent units makes this an attractive option for those seeking to maximize rental income. Don't miss out on this investment opportunity in one of the Algarve's most historic locations. Contact Engel & Völkers Faro-Tavira today to explore this property's full potential.