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€ 2,600,000

Luxury House for sale in Portimão, Distrito de Faro

€ 2,600,000
371 m² 3 5

Description

Luxury T5 Estate with Pool, Jacuzzi, and 9,520 m² – A Unique Opportunity in Portimão

Discover this truly exceptional property in the heart of Portimão: a 9,520 m² estate, perfect for those seeking privacy, space, comfort, and multiple investment opportunities — from a luxury residence to rural tourism or urban development projects with high appreciation potential.

Main House
•5 spacious, bright bedrooms
•3 full bathrooms
•Living room with fireplace for cozy gatherings
•Fully equipped kitchen with dining area
•Games room / multifunctional space
•Laundry and storage areas
•Closed garage with automatic gate
•Entrance with motorized gate

Basement Entertainment Area:
•Functional kitchen
•Bathroom
•Spacious area for dining, games, or events
•Direct access to the outdoor area and pool

Premium Outdoor Area
•Private swimming pool with integrated jacuzzi
•Covered barbecue with outdoor dining area
•Garden with fruit trees and fully usable flat land
•Private well and total privacy

Strategic Location
•Less than 10 minutes from Alvor and Rocha beaches
•Close to schools, supermarkets, hospital, and main access roads
•Quiet area with excellent sun exposure

Development and Investment Potential

The land is classified as “Urbanizable Land” in the “Urban Expansion Zones” category (Portimão PDM 1995, currently under review).
•Maximum buildable area: approx. 3,300 m²
•Maximum number of floors: 2
•Minimum parking: 1.5 spaces per dwelling

Proposed Urban Development:
•17 semi-detached houses, each with 2 floors, private garden, pool, and parking
•Gross area per unit: 190 m² (T3/T4)
•Houses grouped in 4 clusters, optimizing views and orientations
•New N-S access road serving the houses, public parking, and public garden

Alternative Project Options:
•18 houses of 180 m²
•19 houses of 170 m²
•20 houses of 160 m²
•21 houses of 150 m² (less recommended, reducing unit size and outdoor space)

Ideal For
•High-end family residence
•Rural tourism / short-term rental
•Agricultural projects or event spaces
•High-potential investment in the Algarve

This estate combines luxury, nature, and strong development potential in one address. A unique property in Portimão, ready to become your dream retreat or next major investment.
#ref: 145650

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Details

Bedrooms:
5
Bathrooms:
3
External size:
9,520 m²
Size:
371 m²
Energy Rating:
E
Reference:
145650

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Position

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