Property Ferragudo
Property Ferragudo Algarve
Large traditional Property in Ferragudo, excellent location in the centre of Ferragudo. Has been used as a holiday home over the summer months and some major renovations have been done ie: new roof, new windows, re-wiring throughout. Needs some tender loving care to continue with renovations and restore the traditional features of the house ie: original facade & balcony, original well etc.
In addition to a large living area with 4+ bedrooms which could also be rented out, this Ferragudo property comprises of a Ground floor which has great potential for commercial use, 1st floor has been raised to comply with commercial regulations of a 3m high space, re-wiring throughout. Road had recently been closed to traffic & therefore an ideal place to have tables & chairs out the front. This up & coming pedestrian street growing with new cafes, bars & shops.
The property does not have licenses of any sort, although was a licensed grocery store many years ago. This may help with acquiring a suitable license.
NB: This property could solely be used as a residential property! Ferragudo property offers excellent investment potential. The new marina of Ferragudo attracts considerable interest already and property prices are increasing as a result at a steady rate.
Property in Ferragudo is sought after, and the location of this property is excellent. If you are not familiar with Ferragudo it is a small traditional fishing village with a nice balance of tourists & locals. It is close to some of the Algarve's most beautiful beaches. More importantly for business purposes, the new marina being built will increase the business potential within Ferragudo even further. Contact me with any questions or for more information.
Open to Offers!! - I will consider suitable part-exchange.
Property Ferragudo
Rua 25 da Abril
Lagoa
8400
Portugal
Latitude: 37.1248546
Longitude: -8.518666