Engel & Völkers
New

Historic Faro Retreat with Rooftop Pool Project

€470,000
  • 8 Rooms
  • 3 Bedrooms
  • 4 Bathrooms
  • ~396 m² Total surface
  • ~261 m² Plot surface

Description

Approved 3-bedroom en-suite design with 85m² terrace, parking and prime old town setting. Exceptional Algarve lifestyle and investment opportunity. An exceptional opportunity in the historic centre of Faro: a charming period building with a fully approved architectural project to create a refined contemporary villa with rooftop pool and sea views. Positioned in one of the Algarve’s most sought-after locations, this property combines heritage character, prime city-centre positioning and outstanding investment potential. ✦ Approved Architectural Project The property is sold with an approved design for a sophisticated three-bedroom en-suite villa, thoughtfully conceived to balance historic charm with modern architecture and comfort. Ground Floor – Elegant Living Spaces - Welcoming entrance hall - Private office or study - Spacious open-plan living and dining areas - Contemporary kitchen layout - Storage areas for practical everyday living - Private internal patio - Dedicated parking space — a valuable asset in the historic centre First Floor – Private Accommodation - Three elegant en-suite bedrooms - Impressive principal suite featuring: - 12 m² dressing room - Luxurious bathroom - Private terrace ✦ Rooftop Terrace and Pool – The Ultimate Urban Oasis The crowning feature of this project is the spectacular 85 m² rooftop terrace: - Beautiful sea views over Faro - Generous entertaining space - 11 m² rooftop swimming pool - Stylish decked area for sunbathing and outdoor dining ✦ Investment and Value Proposition - Approved project adds immediate development clarity - Strong capital appreciation potential - Ideal for luxury resale, long-term residence or bespoke holiday home - Prime historic centre location with enduring appeal ✦ Location and Lifestyle Set within Faro’s atmospheric old quarter, this address offers an authentic blend of culture, convenience and coastal living. - Prestigious historic setting in central Faro - Walking distance to marina, restaurants and boutique shops - Close to the waterfront and the natural beauty of the Ria Formosa - Easy access to beaches, golf courses and Faro International Airport - Strong demand for premium residences and luxury refurbishment projects Please note: The advertised price does not include renovation costs. Allow our dedicated team at Engel & Völkers Faro - Tavira to guide you personally through every step and discover the full potential of this Faro residence.
Features
BalconyBuilt-in kitchenGardenPatioSea/Lake viewSwimming poolBuilt in wardrobeGuest toilet
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Engel & Völkers Faro-Tavira

Your advisor: Orsolya Mercz

Property ID: W-048JTG

Property details
  • Object type

    Investment

  • Condition

    Needs Rehabilitation

  • Rooms

    8

  • Bedrooms

    3

  • Bathrooms

    4

  • Number of Floors

    2

  • Parking spaces

    1

  • Total surface

    ~396 m²

  • Plot surface

    ~261 m²

  • Garden surface

    ~59 m²

Energy efficiency information
  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

Location: Faro, Faro District

Welcome to the vibrant heart of Faro, a city where historic charm, contemporary infrastructure and natural beauty converge. Ideally positioned just moments from the historic centre, this villa offers an exceptional lifestyle opportunity in one of the Algarve’s most dynamic and sought-after locations. ✦ Location and Surroundings Enjoy immediate access to everything that makes Faro such a compelling place to live and invest. - Steps from the historic old town and marina - Surrounded by traditional Algarve restaurants and cosmopolitan cafés - Close to shopping centres, boutiques and cinemas - Walking distance to everyday amenities and essential services - Established residential setting with strong long-term demand ✦ Exceptional Connectivity Perfectly suited to both permanent residence and international buyers, the property benefits from outstanding transport links. - Short walk to Faro train station - Easy access to the central bus terminal - Approximately 10 minutes by car to Faro International Airport - Direct connection to the A22 motorway (Via do Infante) ✦ Coastal and Natural Lifestyle Faro is the gateway to the breathtaking Ria Formosa, one of Portugal’s most treasured natural landscapes. From the city, explore the pristine barrier islands by ferry or car: - Ilha de Faro - Ilha Deserta - Ilha do Farol - Ilha da Culatra ✦ Investment and Residential Appeal This villa’s prime Faro location offers a rare combination of: - Urban convenience - Coastal proximity - Strong capital appreciation potential - Excellent long-term rental prospects - Desirability among domestic and international buyers Whether as a permanent home, a refined Algarve retreat or a strategic property investment, this is an address that delivers both lifestyle and value.

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João Agualusa & Elisa Ferreira, Lda.

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