$947,526

Apartment Block, Portimão

  • 12 Beds
  • 6 Baths
  • 10,721 Sqft
  • 3,574 Sqft lot
  • Updated: Yesterday

About the Property

Exclusive Historic Building in the Heart of Portimão

This residential building combines a central location, generous dimensions, and outstanding appreciation potential, making it ideal for a residential project, boutique hotel, local accommodation, or multifamily investment.

With 996 sqm of gross construction area, the property preserves the charm of traditional Portuguese archit
Exclusive Historic Building in the Heart of Portimão

This residential building combines a central location, generous dimensions, and outstanding appreciation potential, making it ideal for a residential project, boutique hotel, local accommodation, or multifamily investment.

With 996 sqm of gross construction area, the property preserves the charm of traditional Portuguese architecture while offering a solid structure ready for complete renovation.

Property Highlights:

• Building with strong appreciation potential
• Prime location in the center of Portimão
• Just minutes from the Riverside Area and Praia da Rocha
• Multiple rooms with flexible layout possibilities
• Excellent sun exposure
• North/South orientation providing natural light throughout the day
• Ideal for tourism or residential investment
• Excellent accessibility and close to all services
• Potential for a boutique hostel, co-living concept, or premium apartments

Built before 1951, this property offers authentic Algarve character and the opportunity to create a distinctive project in one of the most sought-after cities in southern Portugal.

Prime Location:

• Historic Center of Portimão
• Aqua Portimão Shopping Center – 5 minutes
• Municipal Market – 5 minutes
• Portimão Marina – 10 minutes
• Algarve Beaches – 10 minutes
• Restaurants and services – 10 minutes
• A22 Motorway – 10 minutes
• Faro Airport – 50 minutes

The growing national and international demand for the Algarve makes this property a unique opportunity for investors seeking location, scale, and strong return potential.

Discover a unique project in a prime location.
  • Property type

    Other

  • Price/sqft

    $88

  • Emissions

    F

  • Consumption

    F

Features

  • Water View
  • 2D Floor Plan
  • High Ceiling
  • Balcony

Explore the Area

Portimão, Faro, Portimao, Algarve, Portugal View on Google Maps
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Piquet Realty

Joined 4 years ago
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Piquet Realty
Lisboa, Portugal
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108
Listings
2022
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Piquet Realty
Cascais, Lisboa, Portugal
View agency profile
Last updated
Yesterday
First listed
Jul 15
Listing reference
PF40144/13814
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