Description
Located in the heart of Portimao, this villa with 525 m² of gross area and 350 m² of usable area, set on a 488 m² plot, represents a unique investment opportunity. Comprising 9 rooms and a total of 11 bedrooms, the property offers ample space for a complete refurbishment, with enormous potential to be transformed into a hostel or a local tourist residence.
The villa is in need of renovation, with rough walls, but is already equipped with all electricity, plumbing and pre-installation for air conditioning. It also has a garage for two cars, balconies and an outdoor area with space for the construction of a swimming pool.
Its privileged location, close to the Arade River waterfront, just 2.5 km from the beach, ensures quick and easy access to all areas of the city. In the immediate vicinity are the police station, library, sports hall, tennis court, auditorium and hypermarkets. With energy certification in progress, this property stands out as an excellent option for investors in the Algarve.
A unique opportunity in the centre of Portimao - ideal for renovation or tourist investment.
REF VIV-7188
Energy Rating: E
