An old building for renovation, with high potential for improvement, located in a quiet , consolidated residential area, just 5 minutes from Faro city center and Faro International Airport. The property is made up of two separate buildings: the main house, spread over two floors, and an annex with just one floor, allowing for great flexibility of intervention. It is feasible to convert it into a large single-family house or to create 2-3 independent apartments, adaptable to different operating models. It currently has 4 bedrooms, allowing for various layout solutions. It also has a patio/garden at the rear, a versatile space ideal for a leisure area, green area or private parking, depending on the project to be developed. The typical structure of an old building, with generous ceilings and original architectural elements, offers excellent conditions for a rehabilitation that preserves the character of the property and adds to its heritage value. Its proximity to the center of Faro guarantees easy access to all commerce and services. A short distance from Faro International Airport is a determining factor for short or long-term rental projects. This is an excellent opportunity for an urban rehabilitation project, in line with the current trends in the valuation of buildings in the city of Faro, in a context of growing demand for rehabilitated properties with good accessibility and a central location. CHARACTERISTICS:Area: 309 m2 | 3 329 sq ftUseful area: 229 m2 | 2 466 sq ftDeployment Area: 217 m2 | 2 330 sq ftBuilding Area: 364 m2 | 3 920 sq ftBedrooms: 4Energy efficiency: EFEATURES:Building for refurbishment 2 buildings Typical façade Patio Central location Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063