house for sale Faro, Esposende

MixedUse Commercial & Residential Property for Sale in Faro, AlgarveLocated in the heart of Faro, this versatile 1,000m2 property offers a unique investment opportunity combining residential living and commercial potential. With multiple apartments and business spaces, it's ideal for shortterm rentals, coworking operations, or a boutique hospitality project. Situated close to shops, restaurants, and just a few minutes from Faro international Airport, this property ensures excellent accessibility and convenience.Key Features:*Total build area of 1,000m2 on a 213m2 plot*3 studio apartments (6090m2 each)*2 onebedroom apartments (150m2 total)*2 commercial units with independent access*All apartments feature ceramic wood flooring, AEG kitchens, bathrooms, and private terraces*Licensed bar/cafe with 2 WCs and private coworking space (75 pax capacity)*Office with 2 cloakrooms and access to shared coworking levelWhether you're seeking a multirental income stream or an innovative hospitality concept, this property is packed with flexibility. The combination of stylish apartments and dedicated commercial zones makes it perfect for digital nomads, local businesses, or lifestyle investors.Location Highlights:As the Algarve's capital city, Faro blends oldworld charm with modern infrastructure. From its historic old town and marina to bustling shops and nightlife, Faro is a hub of activity yearround. The international airport is just minutes away, and the city is wellconnected by road and rail to the entire Algarve region. This makes it one of the most desirable locations for property investment in Southern Portugal.Why This Property Stands Out:*Excellent income potential from both residential and commercial units*ideal for longterm rental, short lets, or creative coworking projects*Premium location in central Faro close to all amenities*Fully equipped and movein/rentreadyThis is a rare opportunity to acquire a fully functional, multipurpose property in the Algarve's capital city — ideal for seasoned investors or firsttime buyers entering the regional property market.Looking for more Algarve properties in Faro?View all properties for sale in Faro, Algarve About Faro, AlgarveAs the vibrant capital of the Algarve, Faro offers a rich cultural tapestry where tradition meets modern living. From its cobbled old town and scenic marina to an expanding university district and growing tech scene, Faro has become a prime destination for investors, residents, and visitors alike.With Faro international Airport just minutes away, the city serves as the Algarve's main gateway, offering yearround connectivity to Europe. it's also home to stunning lagoons, bird sanctuaries, and access to the unspoiled Ria Formosa Natural Park. Useful Links:Learn more about Faro on WikipediaExplore all properties for sale in Faro Local Highlights:* Faro Old Town, marina, and cathedral* Ria Formosa lagoon and island beaches* Excellent restaurants, shops, and cultural life* 10 mins to Faro Airport and main highwaysFeatures* City View* Furniture included* Terrace