Cozy Studio in Faro – Ideal for Investment or Owner-Occupation with Private Parking Space Currently classified as a service unit, which means it is not eligible for residential mortgage financing. Come and discover this studio located in the heart of Faro, just a few steps away from all the city’s amenities. With an area of 38 m², this space has been designed to offer comfort and practicality, making it an excellent option for investment or personal use. Property Features: Functional Layout: This studio includes a living area that can easily be adapted into a sleeping space, a bathroom, and a kitchen. Sun Exposure: West-facing, allowing for plenty of natural light throughout most of the day. Year of Construction: Built in 1983, the studio offers a unique character and charm. Amenities and Location: Building with elevator Close to Services: Situated in a 9-storey building, the property is surrounded by shops, restaurants, public transport, and everything Faro has to offer. Renovation Potential: With a modest investment in renovation, this studio can be transformed into a modern and comfortable space, ready to live in or rent out. Additional Benefits: Attractive Investment: Thanks to its prime location, just a 3-minute walk from Faro Hospital, this studio presents a great opportunity with strong return potential. Rental Potential: Ideal for long-term rental or short-term tourist accommodation, benefiting from its proximity to Faro’s main attractions. Versatile Use: Perfect for students, singles, couples, or investors looking for a practical and well-located property. Don’t miss the opportunity to acquire this cozy studio in Faro and turn it into your city retreat or a profitable investment. Schedule your visit today and start planning your future in this versatile space full of potential! Condominium fee: €50/month Book your visit today