Description
Investment Opportunity in Portimao, Two-storey mid twentieth century building with 4 apartments
A building with mid-twentieth century architecture, and full of character, it has two apartments on the ground floor and another two on the ground floor. Located on a picturesque avenue, with lots of greenery, in the old centre of Portimao and is close to everything.
All 4 fractions are intended for housing. The gross private areas of the various apartments are: Ground floor Dto, with 110 m2 and 7 rooms; Ground floor Esq. com 120 m2 and 7 rooms; First Dto with 110 m2 and 9 rooms; First Esq. com 120m2 and 9 rooms.
At the back of the building there is a small mourner.
The apartments have spacious divisions, the floor of the bedrooms and living room is made of wooden blocks, The kitchens and bathrooms still have the original character of when the building was built.
Three of the apartments are habitable and the fourth needs renovation work and is currently closed.
An excellent investment opportunity for income, both for annual residential and tourist rentals, transforming the building into a Boutique Hotel in the old centre of Portimao
Energy Rating: Exempt
