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JP¥ 150,924,000

11 room luxury House for sale in Quinta da Malata, Portimão, Distrito de Faro

JP¥ 150,924,000
525 m² 11 11

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

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Details

Rooms:
11
Bedrooms:
11
Bathrooms:
11
External size:
488 m²
Size:
525 m²
Address:
Quinta da Malata
Energy Rating:
A
Exterior Amenities:PoolGarden
Reference:
CAS_358
Status:
New/Under construction
Year of construction:
2014
Car parking

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Position