Algarve for sale unique property with commercial space and a studio apartment in Ferragudo town centre.
A rare opportunity to purchase a unique property in the Ferragudo historical centre. This turn-key project includes accommodation and commercial space that consists of a spacious gallery of 152.30m2 on the ground floor and a contemporary studio/loft apartment of 102.30m2 on the 1st floor, a total construction area of 254m2. This building harmoniously integrates the traditional with the contemporary on a prime location in the centre of Ferragudo village. It’s an excellent investment opportunity.
The privileged location of this property in Ferragudo village makes it an excellent investment opportunity.
Ferragudo is located on the western Algarve, and is one of the Algarve’s most typical traditional fishing villages.
This property project was designed and restored by an award-winning architecture firm based in Ferragudo owned by the architect Marlene Uldschmidt, who took special care to preserve the building's charm and managed to integrate the contemporary with the traditional.
The project with its total construction area of 254m2 was designed to ensure a very functional layout and divided into two levels to better enjoy the existing space. A contemporary studio/loft apartment of 102.30m2 on the 1st floor, and a spacious gallery /commercial area of 152.30m2 on the ground floor. Both floors are connected by an internal staircase, but also have independent access from both sides of the building.
The location is very tranquil and although located in the historic centre of Ferragudo, just behind the quay with the fishing boats and a few meters to the lively square of Ferragudo, it is easy to reach by car, and of course close to all amenities, supermarkets, restaurants, cafés, bars, and beaches.
Faro airport is just a 45-minute drive away.
This 2-storey property features a commercial space/ Gallery on the ground floor perfect to be used as an art gallery or a shop, or office or any other type of business with an impressive wooden beamed ceiling and a polished concrete floor that gives a sophisticated feeling to the space, plus two guest toilets and a storage room, and the bonus of having access from both sides of the building leading to two of the main streets of Ferragudo, one entrance is through the pedestrian street where you will find several other shops and the second entrance from the street /quayside next to the river and several restaurants with car access.
On the top floor is the accommodation “loft- apartment” also with independent entrances from both sides of the building. Taking the advantage of its high ceilings, reaching almost 8 meters at the highest point, the ceiling was completely insulated and lined with pine wood, an excellent carpentry work.
This upper floor consists of open plan living space with double glazed windows providing plenty of natural light, wooden floors that combine perfectly with the ceiling and the white walls, and also central heating offering a cosy and comfortable atmosphere despite it´s open space concept.
The studio features an equipped white kitchen, 1 bathroom and living area with a mezzanine ideally suited to function as the bedroom.
The loft has an outdoor patio leading to a long roof terrace with excellent sun exposure, offering superb views over Ferragudo, the whole life in the quayside to the Arade river, and the Marina of Portimão.
Contact us for further information and to schedule a visit. Virtual viewings also available, just get in touch with us.