Opportunity for Housing Rehabilitation with (ARU) in Ferragudo

back\Opportunity for Housing Rehabilitation with (ARU) in Ferragudo - Lagoa (Algarve), Ferragudo

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Opportunity for Housing Rehabilitation with (ARU) in Ferragudo 595.000 € Ref: VM902

338 m²

508 m²

Classic house with traditional features, located in ARU (Urban Rehabilitation Area), allowing better financing conditions and reduced VAT for renovations. Ideal for those seeking a primary residence or a property to rent in a high-tourism potential area.
Features:

Traditional house with standout details, including wooden doors and ceilings.
Located in ARU, benefiting from facilitated financing and reduced VAT for renovations.
Total plot area: 508 m² | Gross dependent area: 183 m² | Gross private area: 155 m².
Excellent opportunity for a primary residence or tourism investment.

Surroundings:

Central location, on one of Ferragudo’s main streets, close to shops, restaurants, and services.
A few meters from the Arade River and local beaches such as Praia do Pintadinho, Praia dos Caneiros, Praia Grande, and Praia do Molhe.
Easy access to Portimão and Lagoa (15 min), as well as nearby resorts and golf courses.

Highlights:

Perfect project to renovate and enhance the property in a high-tourism demand area.
Combines traditional charm with a premium location, offering multiple possibilities for residence or rental.
Sustainable investment opportunity, taking advantage of ARU incentives and regional growth.

Schedule your visit and discover the full potential of this unique house in Ferragudo.

Property type House

Typology 3 Bedrooms

Objective Sale

Condition To Refurbish

Price 595.000 €

Year of Construction N/A

Country Portugal

District Faro

Town Lagoa (Algarve)

Parish Ferragudo

Zone Ferragudo