Building for buy in Portimão

This historic building, with a privileged location in Portimão city centre, is a unique opportunity for those looking for a space that can be refurbished and converted into commerce, hotel, local accommodation or restaurants, considering that it has a good terrace and easy pedestrian access. It can also be transformed into a residential building.

The building for refurbishment has a gross area of 681.80 m², distributed over 3 floors:
- On the ground floor, we have 3 independent units, being 2 fractions warehouses of 108.40 m² and 98 m² respectively and 1 unit with potential for commercial space of 68 m²;
- The 1st floor is composed of 10 rooms, totalling 133.00 m².
- The 2nd floor is composed of 7 rooms, totalling 133,00 m².

There is a project study for the realization of 7 residential flats, which considers keeping the façade, changing floors and interior divisions, adding an intermediate floor to obtain the residential building.

The building is inserted in an ARU zone (Urban Rehabilitation Area).

Its surroundings are made up of a variety of services within a few minutes walk, where there are cafés, bars, restaurants with a huge gastronomic variety, shops, theatres and sports facilities for all tastes.

The corner building has sun exposure to the South, on rua do Carvalho and to the East, on rua Portas da Serra. As points of interest we have 7 min walk to the waterfront, 10 min drive to Praia da Rocha and 8 min walk to the Portimão Market.

REF:PRD-5443.