Faro, Algarve Commercial & Residential Property

Description

Mixed-Use Commercial & Residential Property for Sale in Faro, Algarve

Located in the heart of Faro, this versatile 1,000m2 property offers a unique investment opportunity combining residential living and commercial potential. With multiple apartments and business spaces, it's ideal for short-term rentals, co-working operations, or a boutique hospitality project. Situated close to shops, restaurants, and just a few minutes from Faro international Airport, this property ensures excellent accessibility and convenience.

Key Features:

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Total build area of 1,000m2 on a 213m2 plot

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3 studio apartments (60-90m2 each)

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2 one-bedroom apartments (-150m2 total)

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2 commercial units with independent access

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All apartments feature ceramic wood flooring, AEG kitchens, bathrooms, and private terraces

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Licensed bar/cafe with 2 WCs and private co-working space (75 pax capacity)

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Office with 2 cloakrooms and access to shared co-working level

Whether you're seeking a multi-rental income stream or an innovative hospitality concept, this property is packed with flexibility. The combination of stylish apartments and dedicated commercial zones makes it perfect for digital nomads, local businesses, or lifestyle investors.

Location Highlights:

As the Algarve's capital city, Faro blends old-world charm with modern infrastructure. From its historic old town and marina to bustling shops and nightlife, Faro is a hub of activity year-round. The international airport is just minutes away, and the city is well-connected by road and rail to the entire Algarve region. This makes it one of the most desirable locations for property investment in Southern Portugal.

Why This Property Stands Out:

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Excellent income potential from both residential and commercial units

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ideal for long-term rental, short lets, or creative co-working projects

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Premium location in central Faro close to all amenities

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Fully equipped and move-in/rent-ready

This is a rare opportunity to acquire a fully functional, multi-purpose property in the Algarve's capital city — ideal for seasoned investors or first-time buyers entering the regional property market.

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🏡 About Faro, Algarve
As the vibrant capital of the Algarve, Faro offers a rich cultural tapestry where tradition meets modern living. From its cobbled old town and scenic marina to an expanding university district and growing tech scene, Faro has become a prime destination for investors, residents, and visitors alike. With Faro international Airport just minutes away, the city serves as the Algarve's main gateway, offering year-round connectivity to Europe. it's also home to stunning lagoons, bird sanctuaries, and access to the unspoiled Ria Formosa Natural Park. 🔗 Useful Links: Learn more about Faro on Wikipedia Explore all properties for sale in Faro

📍 Local Highlights:

* Faro Old Town, marina, and cathedral
* Ria Formosa lagoon and island beaches
* Excellent restaurants, shops, and cultural life
* 10 mins to Faro Airport and main highways