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Algarve, Portimão, Portugal

£473,987
€545,000
Remax Expogroup, Portugal
PROPERTY TYPE

Block of Apartments

SIZE

1,755 sq ft

163 sq m

Key features

  • House area: 163 sqm
  • Construction year: 1937

Description

Building with a Prime Location in the Commercial Heart of Portimão
Property in horizontal ownership with independent units, consisting of:
Ground floor: Commercial space with a shopfront and direct street access, divided into three distinct areas and two bathrooms, with a generous area of 89 sqm, ideal for retail or service-based businesses.
First floor: Residential unit with 74 sqm, composed of six rooms and a welcoming terrace, perfect for relaxing moments. The layout offers flexibility for personal residence, long-term rental, or even local accommodation.
The property is in the final phase of renovation, preserving and enhancing the building’s original architectural character, with special attention to the traditional tiles on the main façade, which add authenticity and charm.
Its strategic location at Largo da Mó, right on Rua das Lojas, main shopping area in Portimão, places it in one of the busiest pedestrian areas in the city, surrounded by shops, services, restaurants, and just minutes from the riverside area. This is an excellent investment opportunity for those seeking to combine centrality, profitability, and historic identity.
REF: -26

Algarve, Portimão, Portugal

NEAREST AIRPORTS

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

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About Remax Expogroup, Portugal

Notes

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This is a property advertisement provided and maintained by Remax Expogroup, Portugal (reference 96202_122881112-26) 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.