UNIQUE INVESTMENT IN THE HEART OF FARO Ruin + T9 Project with Pool, Patio, Garage and Terrace (final approval by Faro City Hall) Sale of a property with a ruin to be completely rebuilt, accompanied by a T9 Architectural Project in the final licensing phase with Faro City Hall. Construction can begin in the very short term. 🏆 Immediate Advantages for the Investor • You purchase the property with an almost fully approved project, avoiding months of administrative procedures. • You acquire an asset with dual profitability potential: ✔ T9 Guest House in the heart of Faro ✔ Possibility to convert into 3 independent apartments 📍 Premium Location • Less than a 5-minute walk from the Baixa, Faro Marina, Rua de Santo António and main commercial area. • Located in a Protected Zone, in the Ribeirinho Quarter of the Historic Centre, next to the Convent of Santo António dos Capuchos (Monument of Public Interest). • Fully renovated street, with new infrastructures (water/sewage). 🏗 Project Details (Official Data) Planned purpose: T9 Guest House Gross Construction Area: 299.95 m² Plot: 160.20 m² Includes: • Garage (20.55 m²) • Swimming pool (8 m²) • Panoramic terrace (71.60 m²) • Patio (47.15 m²) • 9 suites with private bathrooms 📈 Profitability Potential • The planned structure (3 floors) allows the creation of 3 independent apartments. • Strong demand in the area for: ✔ Guest Houses ✔ Premium local accommodation ✔ Traditional rentals ✔ Unit-by-unit resale 🎯 Ideal for Investors, developers or tourism entrepreneurs seeking a scalable, high-return project in the centre of the Algarve’s capital. For more information or to schedule a visit, feel free to contact me.