Property: Centenary property for reconstruction
Here’s a rare piece of property: a Centenary Palace, located within the old city of Faro limits. Part of the medieval wall, that surrounded the city, is actually part of the property.
What can you Find Here?
600m2 of construction area, divided by 21 rooms and a private 530m2 gardens, surrounded by the centenary walls in total privacy. This garden features ancient trees and with a bit of work, can be turned into a paradisiacal retreat. Had it a pool and you can’t ask for a better place in the middle of the city.
The Property needs major repairs and it can be turned into one luxury mansion, or castle, for that matter. It can be turned into a small family, luxury condominium. Or it can be transformed into a nice B&B. It’s your call.
Curiosity:
Back in 1858, the property owner; the Count of St.ª Maria Cape, whom was also the city President, had a watch tower built in the wall (still there, standing still). The purpose of that tower was to help communications between him and is Employees. This count was also the owner of a tuna fishing company. Whenever the fisherman’s would return from the sea, they would lift a flag. The colour of this flag would tell the watchmen in the tower, how many Kilos were fished that day.