Skip to content
COMMERCIAL

Algarve, Portimão, Portugal

€680,000
DRAFT-IN Homes mediacao e gestão imobiliária lda, Lisboa
PROPERTY TYPE

Land

SIZE

Ask agent

Key features

  • ATM Machine
  • Bars
  • Beach
  • Boat tours
  • Bus stop
  • Children recreation areas
  • Civilian airfield
  • Convenience shop
  • Electricity
  • Emergency Room

Description

Urban plot in the heart of Alvor, where history intertwines with the promising future of an excellent real estate investment. We present a truly unique building plot, unavailable anywhere else in the historic center of this picturesque Algarve village. With three distinct fronts—one of which faces Rua Marquês de Pombal, the main commercial and bustling artery—this lot offers total versatility and unique building potential.

Privileged Location
Within the historic center of Alvor, just a few meters from the riverside area and the Ria de Alvor, direct contact with the village's hustle and bustle is privileged, while being 750 meters from Alvor's beaches. Just a few steps away, you'll find traditional shops—pastry shops with Algarve sweets, fresh fish taverns, craft shops, and a mini market—ensuring a comfortable daily life.

Building potential and site configuration
Three independent fronts: ideal for three autonomous units, whether for housing, commercial use, or a combination of both.
Two floors are permitted on each facade—ground floor and first floor—totaling approximately 262.00 m² of gross building area.
Mixed capacity: can be used exclusively for housing, commercial use, or combine housing on the upper floor with shops or services on the ground floor, maximizing profitability.
Current status and opportunities
The site includes two ruins, testament to the village's rich past, and a small, still habitable house. These existing buildings present an excellent opportunity for:
Distinctive renovation, preserving traditional features and adding historical value to the final project.
Demolition and reconstruction, optimizing land use and adapting the architectural design to contemporary market demands.
Why Invest in Alvor?
Sustainable demand: Alvor maintains a growing demand for excellent residences from both nationals and foreigners, from quality tourists to permanent residents. Guaranteed profitability: the combination of commercial and residential properties in an area with limited land supply maximizes high margins for resale or short- to medium-term rentals.
Algarve quality of life: abundant sunshine, a mild climate almost year-round, Mediterranean cuisine, and a welcoming local community.
Standout features
Unique plot of land in the center — there are no other buildable areas in the immediate vicinity.
Three frontages ensure natural light and independent access.
Proximity to Rua Marquês de Pombal: maximum visibility for any commercial project.
Historical surroundings and a prestigious tourist environment.
This plot of land in Alvor is much more than just a building space: it is a stage for a landmark project, capable of redefining the concept of real estate investment in the Algarve. Whether building charming residences, prestigious commercial units, or a mixed-use development that meets the most demanding market demands, this is the ideal time and place. Take advantage of this rare opportunity and put your signature on one of Portugal's most sought-after destinations.
Contact us to learn more about this exceptional lot and arrange a site visit. Come and discover how you can transform this jewel in the heart of Alvor into your most successful venture yet.

The information provided here does not replace the need for consultation with the urban planning department of the Portimão City Council to assess the construction requirements.

Algarve, Portimão, Portugal

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About DRAFT-IN Homes mediacao e gestão imobiliária lda, Lisboa

We are a real estate agency that is not only concerned with satisfying our clients' needs. We want to exceed them.

With around six branches throughout the country, in the Algarve, Alentejo, Lisbon, Caldas da Rainha and Leiria, we have sixty estate agents ready to serve you.

Whether you're in the market to buy or sell a property, we'll work with you in a personalised way so that together we can get the best deal.

Our team of property consultants is experienced, trained and focused on achieving results and customer service.

We know that a great property portfolio is not enough to meet the needs of those looking for a home.

We take care to study the local market so that we can give you the best recommendations.

Tell us what you're looking for, and we'll help you.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by DRAFT-IN Homes mediacao e gestão imobiliária lda, Lisboa (reference DHA0120_1481) 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.

Email agent

Email agent