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This property, located in Portimão, is registered as a building in total ownership, consisting of ground floor and 1st floor, intended for housing. According to the Land Registry, it has around 36sqm of total land and implantation area, also reflecting a gross construction area of 36sqm. It is a building from before 1951, highlighting the need for a total renovation to adapt to current standards of comfort and aesthetics.

Location and Potential

The location in Portimão is one of the main attractions, taking into account the high tourist demand in the Algarve region.
The proximity to the beaches (for example, the famous Praia da Rocha), the riverside area and the historic center can be an added value for those who wish to invest both in their own housing, in local accommodation or to make rental income profitable.
According to preliminary information, the City Council will have the possibility of allowing height expansion, but each case must be analyzed individually.

State of Conservation and Renovation

The property requires works, allowing the buyer to redefine the internal distribution of spaces and completely modernize the structure.

The current size (36sqm) suggests the need for a careful architectural project, either to make the most of each square meter, or for a possible vertical expansion (respecting municipal regulations).

Importance of Location

Portimão is recognized for its strong tourist, gastronomic and cultural component, benefiting from good accessibility (A22 motorway, public road transport, train station) and an extensive range of services (hospitals, schools, varied commerce).

The region is in great demand from national and foreign investors, making this type of property (with rehabilitation potential) quite attractive.

Schedule your visit now and discover the full potential of this unique property, where you can create your dream home or invest in the local accommodation market.

Don't miss this investment opportunity in Portimão – contact me today and take the first step towards realizing your project.

Portimão, Faro (Algarve)

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