Mar & Sol Apartments
Ad ID:
BA_274_AL
Status:
Venda
Price:
3.000.000,00 €
Welcome to Mar & Sol Apartments, a block of apartments located on the stunning Praia Formosa, on the island of Santa Maria – a prime location that perfectly combines sea, sun, and tranquillity.
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Additional Features:
About the Property
Welcome to Apartamentos Mar & Sol, a block of apartments located in the stunning Praia Formosa, on the island of Santa Maria – a prime location that combines sea, sun, and tranquillity.
Currently, the building consists of 6 two-bedroom apartments (T1) and 4 one-bedroom apartments (T2), requiring only light renovation work. However, the potential of this property is high, especially considering the approved tourist rehabilitation project that will give it a new lease of life.
Site area: 437.20 m²
Gross building area: 706 m²
T1 area: 15.32 m²
T2 area: 15.32 m²
T2 Tower area: 15.32 m²
Appreciation Potential
Investing in Apartamentos Mar & Sol means betting on a project with strong appreciation potential. The island of Santa Maria has been establishing itself as an emerging tourist destination, valued for its unspoiled nature, local hospitality, and growing.
