$2,805,783

Two Exclusive Buildings In The Ribeirinha Area Of Portimão

  • 11 Beds
  • 4 Baths
  • 14,532 Sqft
  • Updated: Today
  • 1
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About the Property

Joint Sale – Residential and Investment Project

A truly rare opportunity in the Portimão riverside area is presented: two buildings sold together, fully renovated structurally, combining historical heritage, contemporary comfort and high profitability potential.

Located on one of the city’s most emblematic streets, a few steps from the Arade River, the marina, restaurants and cul
Joint Sale – Residential and Investment Project

A truly rare opportunity in the Portimão riverside area is presented: two buildings sold together, fully renovated structurally, combining historical heritage, contemporary comfort and high profitability potential.

Located on one of the city’s most emblematic streets, a few steps from the Arade River, the marina, restaurants and cultural areas, these properties benefit from a surrounding area of strong appreciation and growing demand, both residential and tourist.

CASA TARTARUGA

Fully Completed Historic Residence – Ready to Move In

Casa Tartaruga underwent a comprehensive and thorough rehabilitation, preserving the original architectural elements and incorporating modern, high-standard infrastructure.

Structural and Technical Interventions

* Completely new roof with high thermal insulation
* Electrical and plumbing systems completely renovated
* Thermal insulation of walls and floors
* Fully insulated and finished floors
* New windows and exterior doors
* Kitchens and bathrooms completely renovated
* Elevator with access to all floors (except the loft)

Turtle House Layout

Ground Floor – Unique Multifunctional Space

An impressive floor where historical identity is dominant:

* Original vaults preserved
* Natural stone walls
* Antique ship mast beams
* Underfloor heating

Infrastructure prepared for kitchen island installation.

Also includes:

* Independent WC
* Elevator
* Basement/wine cellar with more than 10 meters
* Electric fireplace with handcrafted tile
* Door with safety glass and privacy

Ideal space for a social area, reception, or main living area.

First Floor – Residential Floor

Accessed by a magnificent original wooden staircase.

* Authentic restored wood floors
* Original interior doors
* Windows with thermal and acoustic insulation
* Ceilings with special historical finish

Composition:

* Double living room (living + dining)
* Gas (electric) fireplace
* Equipped kitchen
* Guest bathroom
* Elevator technical room
* Large custom-made walk-in closet
* 1 bedroom with ensuite bathroom
* 1 suite with access to outdoor space
* Library / TV room with original fireplace

Discreet internal connection to the Extra House and the outdoor jacuzzi.

Second Floor – Residential Floor

Privileged views over the Historic Bridge, offering river/sea views.

* Spacious living area with gas fireplace
* Two en-suite bedrooms
* Bathrooms with underfloor heating
* Large and private terrace
* Jacuzzi and outdoor shower in natural stone
* Electric blinds on the rear facade
* Traditional shutters on the front facade

Includes access to the large attic.

In summary, Casa Tartaruga features:

* 4 suites
* Library
* Large walk-in closet
* Spa and jacuzzi area
* Elevator
* Private terraces
* Garage with internal access to Casa Extra
* Large attic

A residence of rare character, where heritage and comfort coexist with elegance.

CASA EXTRA

Structurally Renovated Building – Works Included in the Sale

Casa Extra will be delivered with all structural interventions completed, allowing for final customization of finishes according to the investor’s strategy.

Included Works

* Completely new and insulated roof
* Renovated electrical and plumbing systems
* Pre-installations for kitchens and bathrooms
* Insulation of walls and floors
* Insulated floors (rough finish)
* New windows and exterior doors
* Rough interior and exterior finishes

Extra House Configuration

* 3 generously sized 2-bedroom apartments
* 1 studio apartment
* Two mezzanines
* Large attic
* Terrace and patio
* Garage with internal connection to the Turtle House

The Extra House is scheduled for completion in mid-2026.
  • Property type

    Villa

  • Year built

    1987

  • Price/sqft

    $193

  • Emissions

    B

  • Consumption

    B-

Features

  • Pool
  • Garage
  • Terrace
  • Fireplace
  • Library
  • Wine Cellar
  • Sea View
  • Jacuzzi
  • Modern
Features

Lot

  • Sea View
  • Water View
  • Privacy
  • Investment Property
  • Renovated
  • Modern

Indoor

  • High Ceiling
  • Fireplace
  • Air Conditioning
  • Kitchen island
  • Jacuzzi
  • Wine Cellar
  • Elevator
  • Library
  • Basement
  • Stone Countertops
  • Walk In Closet

Outdoor

  • Terrace
  • Balcony
  • Pool
  • Garage
  • Pergola

Explore the Area

Portimão, Faro, Portimao, Algarve, Portugal View on Google Maps
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Famous Group Real Estate

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Famous Group Real Estate
Faro, Portugal
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101
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2024
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Famous Group Real Estate
Portimão, Faro, Portugal
View agency profile
Last updated
Today
First listed
Feb 21
Listing reference
00718_2026/12048
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