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This residential building combines a central location, generous dimensions, and outstanding appreciation potential, making it ideal for a residential project, boutique hotel, local accommodation, or multifamily investment.
With 996 sqm of gross construction area, the property preserves the charm of traditional Portuguese architecture while offering a solid structure ready for complete renovation.
Property Highlights:
• Building with strong appreciation potential
• Prime location in the center of Portimão
• Just minutes from the Riverside Area and Praia da Rocha
• Multiple rooms with flexible layout possibilities
• Excellent sun exposure
• North/South orientation providing natural light throughout the day
• Ideal for tourism or residential investment
• Excellent accessibility and close to all services
• Potential for a boutique hostel, co-living concept, or premium apartments
Built before 1951, this property offers authentic Algarve character and the opportunity to create a distinctive project in one of the most sought-after cities in southern Portugal.
Prime Location:
• Historic Center of Portimão
• Aqua Portimão Shopping Center – 5 minutes
• Municipal Market – 5 minutes
• Portimão Marina – 10 minutes
• Algarve Beaches – 10 minutes
• Restaurants and services – 10 minutes
• A22 Motorway – 10 minutes
• Faro Airport – 50 minutes
The growing national and international demand for the Algarve makes this property a unique opportunity for investors seeking location, scale, and strong return potential.
Discover a unique project in a prime location.
383 m²
Gross Private Area
996 m²
Gross Build Area
332 m²
Land Area