Description
Unique opportunity in the heart of Portimao, ideal for investors or developers looking for a versatile project, with enormous potential for appreciation, in a central and strategic location.
Urban building of 3 floors intended for housing, with works already started, originally designed for the creation of a Guesthouse with 11 suites, with several essential infrastructures already executed, which represents a significant saving in time and construction costs.
Prime location
Central area of Portimao, between the mainland, the Tennis Club and the Police, just a 2-minute walk from the riverside area, with easy access to shops, services, restaurants and transport.
State and Infrastructures Already Executed:
Pre-installation of air conditioning
Smoke detection system
Electrical infrastructure completed
Works started with a focus on tourist accommodation
Documentation mentions the existence of a swimming pool
Current Project (with possibility of adaptation):
Floor -1:
Kitchen with pantry - 30 m²
Games room - 17 m²
Living room - 20 m²
Library - 10 m²
Ground Floor:
3 bedrooms en suite (between 18 m² and 23 m²)
1 office en suite with 13 m²
Independent access
1st Floor:
5 en-suite bedrooms, between 15 m² and 17 m²
Top Floor:
Terrace measuring 96 m², ideal for a leisure area, solarium or social area with open views
Garage:
Garage with more than 80 m²
Two independent inputs
High potential for parking, technical areas or project-specific retrofitting
Potential Use:
Guesthouse / Boutique Hotel
Student Rentals
Local accommodation
Multi-family residence
Final Highlight:
Rare property on the market, by the combination of:
Central location
Project already started
Technical infrastructures implemented
Great flexibility of use
High potential for profitability
A unique opportunity for those looking for a differentiating project in one of the most sought-after areas of Portimao.
Contact us for more information or schedule your visit.
REF: CAS_358
Energy Rating: A