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Algarve, Vila Real de Santo António, Portugal

£950,730
€1,100,000
IAD, Porto
PROPERTY TYPE

Block of Apartments

BATHROOMS

9

SIZE

5,436 sq ft

505 sq m

Description

EXCLUSIVE FOR INVESTORS – BUILDING IN THE HISTORIC CENTER OF VILA REAL DE SANTO ANTÓNIO Unique opportunity for investment in the heart of Vila Real de Santo António! This corner building, located in the historic center, offers a privileged view of the Guadiana River and has fronts for three streets, ensuring excellent sun exposure and accessibility. The building consists of ground floor and first floor, with an approved project for a total of 500 m² of construction area. The configuration includes five spacious and bright apartments, distributed as follows: 2x T2 – Each with private entrance 1x T1 – With private entrance 1x T1+1 – With private entrance 1x T3 – Large unit, ideal for families or tourist accommodation
The building stands out for its excellent natural light, large volumes and generous areas, providing a comfortable and attractive environment for future residents or guests.

Property Status: The building is for sale in its current state and needs the completion of the rehabilitation, allowing the investor to adapt the project to their specific objective.

Investment Potential:
Sale of fractions in horizontal property
Development of a Hostel, Bed & Breakfast or Local Accommodation
Long-term or short-term rentals

With its privileged location, close to shops, restaurants and the riverside area, this is an unmissable opportunity for investors looking for a high-value asset in the Algarve's growing real estate market.

Contact us for more information and to schedule a visit!
The history of Vila Real de Santo António dates back to 1774, when the Marquis of Pombal ordered its construction as part of an ambitious Algarve development project.

The city was born from a meticulous plan, following the same architectural principles applied in the reconstruction of Lisbon after the earthquake of 1755.

The geometric layout of the streets, characteristic of the Pombaline style, still remains practically unchanged, giving the city a unique character in the Portuguese urban panorama.

The Marquês de Pombal Square, considered the heart of the city, perfectly exemplifies the grandeur of the original planning. The central obelisk and the surrounding buildings remain a living testimony of the eighteenth-century urban vision, providing visitors with a true journey through time.
#ref: 136336

Algarve, Vila Real de Santo António, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    33.1 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 136336) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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