$996,124
8.9% Annual Roi
- 7 Beds
- 2,056 Sqft
- 1,411 Sqft lot
- Updated: July 28
About the Property
Exceptional Investment Opportunity in the Heart of Portimão
A rare chance to acquire an entire building in the historic downtown of Portimão, offering an impressive 8.9% annual return and outstanding income potential.
Designed for immediate operation as a boutique hostel or individual room rental business, this turnkey property combines a prime location with a high-yield investme
A rare chance to acquire an entire building in the historic downtown of Portimão, offering an impressive 8.9% annual return and outstanding income potential.
Designed for immediate operation as a boutique hostel or individual room rental business, this turnkey property combines a prime location with a high-yield investme
Exceptional Investment Opportunity in the Heart of Portimão
A rare chance to acquire an entire building in the historic downtown of Portimão, offering an impressive 8.9% annual return and outstanding income potential.
Designed for immediate operation as a boutique hostel or individual room rental business, this turnkey property combines a prime location with a high-yield investment strategy.
Property Highlights:
• Entire building in Portimão’s city centre
• 7 en-suite bedrooms, each bedroom with ac and two beds
• Fully equipped kitchen
• Spacious communal living area
• Ready for immediate operation
• Estimated 8.9% annual ROI
Located within walking distance of restaurants, cafés, shops, the marina, and all essential amenities, this property is perfectly positioned to benefit from the strong and growing demand for accommodation in the Algarve.
Whether you are looking to expand your real estate portfolio or secure a high-performing income-producing asset, this is an investment opportunity not to be missed.
A rare chance to acquire an entire building in the historic downtown of Portimão, offering an impressive 8.9% annual return and outstanding income potential.
Designed for immediate operation as a boutique hostel or individual room rental business, this turnkey property combines a prime location with a high-yield investment strategy.
Property Highlights:
• Entire building in Portimão’s city centre
• 7 en-suite bedrooms, each bedroom with ac and two beds
• Fully equipped kitchen
• Spacious communal living area
• Ready for immediate operation
• Estimated 8.9% annual ROI
Located within walking distance of restaurants, cafés, shops, the marina, and all essential amenities, this property is perfectly positioned to benefit from the strong and growing demand for accommodation in the Algarve.
Whether you are looking to expand your real estate portfolio or secure a high-performing income-producing asset, this is an investment opportunity not to be missed.
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Property type
House
-
Year built
1928
-
Price/sqft
$484
Features
- Investment Property
- Gas Stovetop
- High Ceiling
- Air Conditioning
Explore the Area
Rua Machado Santos 49, Portimao, Algarve, Portugal
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Price per sqft
Low
High
Listed by
1
Listings
2026
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CENTURY 21 Innovation
Avenida Miguel Bombarda lote 11 loja D, 8500-299, Portimao, Portugal
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CENTURY 21 Innovation is a real estate agency based in the Algarve, Portugal, specialising in exceptional propertie
CENTURY 21 Innovation is a real estate agency based in the Algarve, Portugal, specialising in exceptional properties and investment opportunities. Combining in-depth local expertise with the global reach of the CENTURY 21 network, we provide a discreet, personalised and professional service to both national and international clients.
Last updated
July 28
First listed
July 28
Listing reference
C0517-00083
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