Description
Are you looking for a business opportunity in a constantly growing market, such as the hospitality industry?
This building in the historic centre of Portimao is an excellent investment opportunity for those looking for versatile and attractive properties.
It is currently being used as a single-family house but is easily prepared to be divided into 3 INDEPENDENT 2 BEDROOM APARTMENTS, as each floor is currently composed of a kitchen, living room, two bedrooms and a bathroom, offering the possibility of being explored individually or as a tourist development, such as a Hostel or Charming Hotel.
The first floor flat is a duplex consisting of 2 bedrooms, a bathroom, a sunroom area transformed into a leisure space, and a large kitchen and living room in an open-space concept, which also includes an excellent terrace that offers a pleasant and quiet space for residents to enjoy the Algarve climate and evenings, adding a unique dimension to the space.
The stair areas are originally lined with beautiful typical Algarve tiles, giving a special charm to the environment.
This building is a unique opportunity for investors looking for a versatile property with great potential for financial returns.
Energy Rating: C
