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Property for sale

Portimao, Algarve, Portugal

£556,650 *  [€650,000]

Property for sale

Portimao, Algarve, Portugal

£556,650 *  [€650,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Habitable space: 940 m2

Features


  • Double Glass
  • Energy performance certificate – Exempt

Full Description


Excellent investment for Housing, Local Accommodation or Hotel.
Building for rehabilitation in the historic center of Portimão, consisting of 3 floors, ground floor, 1st and 2nd floor, located in a street with varied commerce and Instituto Superior. With a living area of 610 m2 and a gross area of 940 m2.
The plastering of the facades is under reconstruction.
Study for the construction of 7 residential apartments with a ceiling height of 3.5m2.
The idea of the project will be to maintain the architecture of the facades (not to increase the height of the RDC doors/windows, so that there can be a lot of light for the bedrooms.
Interior floors and divisions can be changed, adding an intermediate floor.
Typologies:
Ground floor - Duplex for:
T3 -128m2
T2 - 97m2 / 100.8m2
1st floor
T1 -52.5m2 /54.5m2/70m2
2nd floor
T2 - 107.5 m2
Due to its proximity to universities, commerce and the Arade river, this makes this an excellent property to recover.
There is currently a considerable increase in the demand for properties for rehabilitation in the historic center of Portimão, and this entire area will soon be completely rehabilitated.
Energy Rating: Exempt
#ref: BL839

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This property listing (ref: BL839) is an advertisement supplied by Pro Portugal and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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