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Portimão, Portimão,

750.000 € Building 15 Bedrooms (ref: 106260001)

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15
Bedrooms
502m2
Private area
Gallery About General features Location and accessibility
  • Building T15 Portimão - 77143 - 1
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Building T15 Portimão - 77143 - 1

Portimão, Portimão, 750.000 €

Building 15 Bedrooms (ref: 106260001)

Contact
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About the property An excellent investment opportunity and urban rehabilitation project for a building with twelve bedrooms and three retail units, located in a prime area of Portimão, more specifically on its beautiful and charming riverside front.

This building, featuring traditional mid-20th-century Algarvian architecture, represents a unique opportunity to rehabilitate and reconstruct architectural heritage of considerable value, with state incentives available, transforming it into a residential or tourist project, benefiting from an extremely generous area suitable for either option.

It is located right in the city center, surrounded by an incredible array of services and places to visit, just steps from the river and its enchanting waterfront — a popular area for walks, art exhibitions, a marina for boat tours along the Arade River, and numerous wonderful restaurants that celebrate not only Algarvian cuisine and its close connection to the sea, but also a truly cosmopolitan atmosphere reflected in the city’s eclectic cultural and tourist vibrancy.

Portimão is a growing city in terms of investment, centrally located and an excellent starting point for discovering the Algarve and its diverse geography and scenic landscapes.

With excellent access to main roads and highways, good schools, and both public and private hospitals, it is one of the Algarve’s major cities, inviting exploration and guaranteed to enchant.

A wonderful investment opportunity that Sotheby’s is proud to present — schedule your visit today!
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Carvoeiroazul - Mediação Imobiliária Lda - AMI 10437
Building T15 Portimão - 77143 - 1
General features
General information Rooms Features Certification
  • Reference 106260001
  • Goal Sale
  • Sale price 750.000 €
  • Region Algarve
  • District Faro
  • County Portimão
  • Civil Parish Portimão
  • Area N/A
  • Gross Private Area 502m²
  • Gross Construction Area 0m²
  • Net area 427m²
  • Plot Area 296m²
  • State Used
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
General No. Floors: 2; No. Fronts: 2;
Building Building complex (Habitation, Shops);
District/Area/Location Access (Good, Highway, Public transport, River port, Seaport), Centralization (Town centre), Proximity (Bakery, Banks, Beaches, Clinic, Fire department, Gardens, Gymnasium, Hospital, Kindergarten, Pharmacy, Police, Public services, Schools, Shopping center, Supermarket);
Views River;
Water Mains (water);
Exemption under Article 4 of DL No 118/2013 of August 20.
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Location and accessibility
  • Schools
  • Banks
  • Shops
  • Hospitals
  • Transportation
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