$665,016

Unique Investment Opportunity: Charming Building In The Heart Of Portimão! 🌟 Excellent Investment!

  • 8 Beds
  • 4 Baths
  • 3,434 Sqft
  • 2,046 Sqft lot
  • Updated: July 14
  • 1

About the Property

Unique Investment Opportunity: Charming Building in the Heart of Portimão! 🌟

This is your chance to acquire a building with unparalleled potential in a privileged location, right next to the emblematic Praça da República in Portimão.

Property Details
Typology: Residential Building, consisting of Ground Floor with 130 m2 and First Floor with 148 m2 of floor areas. And it has a
Unique Investment Opportunity: Charming Building in the Heart of Portimão! 🌟

This is your chance to acquire a building with unparalleled potential in a privileged location, right next to the emblematic Praça da República in Portimão.

Property Details
Typology: Residential Building, consisting of Ground Floor with 130 m2 and First Floor with 148 m2 of floor areas. And it has a total gross area of 319 m2

Spacious Distribution:
Ground floor: 6 rooms and 2 bathrooms.
First Floor: 7 rooms and 2 bathrooms.
A total of 13 rooms ready to be transformed!
Style and Era: It presents the architectural charm characteristic of the 50s, ideal for those who value history and personality.

Potential and Current State
Need for Renovation: The building needs refurbishment works, which allows you to customize every detail and transform it into your dream home or income apartments.
Existing Advantages:
The roof is in good condition.
The ground floor already benefits from double-glazed windows, an excellent starting point for energy efficiency.

💰 Attractive price

Sale Price: 647.000€
Advantage: This price is below the current market value in the area, representing an excellent opportunity for investment and future appreciation.

Don’t miss this deal
Ideal for investors looking to create income apartments or for a large family that dreams of a house with history and space. The central location is the icing on the cake, ensuring accessibility to all the services, commerce and leisure that Portimão has to offer.

Contact us today and book your visit!
We are the Lipa Duo of Pera Premium, your trusted duo in the real estate market: Liliana and Paulo Enes. We are ready to help you make this excellent investment.
  • Property type

    House

  • Year built

    1950

  • Price/sqft

    $193

  • Consumption

    D

Features

  • Water View
  • Investment Property
  • Washer Dryer
  • Laundry Room
  • High Ceiling

Explore the Area

Centro de Portimão, Portimao, Algarve, Portugal View on Google Maps
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Pera Premium Properties

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Pera Premium Properties
Portugal
View agency profile
119
Listings
2023
Joined
5
1 review

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Pera Premium Properties
Portimão, Portugal
View agency profile
Last updated
July 14
First listed
Jan 16
Listing reference
PE047 CN
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