Ferragudo | Portimao | Algarve

In Ferragudo you can find this townhouse in a good location with just five minutes walk to the cozy center of Ferragudo. The house can be turned into a small B & B or three separate apartments. Clearly this is a small suitable project for the handy.

The house was built in the early 80's and is in good condition but requires renovation to raise the standards and create a more modern design.

On the ground floor there is today a small shop and a large storage room. Here, you could have a reception and a kitchen / breakfast room to the small hostel. Or a separate apartment.

Upstairs you will find a three bedroom apartment. Here are three spacious bedrooms, two bathrooms, a cozy living room with a fireplace and access to a balcony. The kitchen is large and has access to the 50 m2 large patio.

On the top floor there is another three bedroom apartment with three bedrooms, two bathrooms, living room with fireplace, two balconies and a large kitchen.

The whole house needs to be modernized and is suitable for those who wish for a small renovation project. After renovation, this is a potential source of income for rent.

There is also a communal roof terrace with lovely views over the village and the river.

This is a project with great potential and great opportunities for business and / or rental income.

* Heating
* Water
* Fire place
* Communal roof terrace
* Balconies
* Patio

Rooms:
8 rooms of which 6 bedrooms
Type:
Town House
Constructed area:
411 m2 On floor 1 by 2
Terrace area:
37 m2
Year of construction:
1982
Price:
350 000 EUR
Plot area:
137 m2
Distance to the sea:
100 m
Web ref:
14661-JAC340